“Our HRM expansion will be a win for the entire community in the Louisville area and will create $10 to $12 million per year in additional purse money for Churchill Downs Racetrack. “CDI is committed to investing in the city of Louisville and today we are particularly excited to announce this new downtown entertainment venue,” Carstanjen said in a statement. Bill Carstanjen, CEO of CDI, said that he thinks the new location will be mutually beneficial for the company and the community. Churchill Downs Incorporated is also pledging $1 million to the West End Opportunity Partnership, which is collecting money for a controversial, new tax increment financing district planned for The West End.

The company estimates that the downtown move will create 450 new jobs, 100 of which will be permanent positions. That project is also expected to be completed in 2023. Earlier this summer, it announced that it will pour another $76 million into the Poplar location, with a 135,000-square-foot expansion that includes a hotel. In 2018, it opened the original Derby City Gaming, which also primarily features the historical racing machines, on Poplar Level Road. Construction will begin later this year, with an anticipated opening in 2023.Ĭhurchill Downs has been investing heavily in gaming venues over the past few years in Louisville. The casino-like venue will be called Derby City Gaming Downtown and will initially include around 500 historical racing machines - which directly resemble slot machines - plus a “fresh-air gaming area,” 200 parking spots and three bars. Fourth Street, which also covers the corner of West Market - adjacent to the Kentucky International Convention Center. On Thursday, the company announced plans to open a new, 43,000-square-foot “historical racing machine” venue in the heart of the downtown tourist district at 140 S.

Churchill Downs Incorporated is continuing its expansion.

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