Horse Racing

LOUISVILLE, Ky. — Churchill Downs Inc. has agreed to buy Ellis Park in Henderson, Kentucky, for $79 million in cash. The deal announced Thursday with Enchantment Holdings LLC includes Churchill Downs assuming Ellis Park’s opportunity to build a track extension facility in Owensboro. The deal is subject to certain working capital and other purchase price
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A federal judge said Tuesday a national horse racing authority cannot enforce its rules in Louisiana and West Virginia while a lawsuit challenging the organization is in court. In granting a preliminary injunction, Western District of Louisiana Judge Terry Doughty said the Horseracing Integrity & Safety Authority likely went beyond its bounds on three rules
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