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Fair Grounds Race Course & Slots & OTB & Casino News - Page 3

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President Named for Fair Grounds Race Course

Churchill Downs Incorporated has named Randall Soth president and general manager of Fair Grounds Race Course in New Orleans, Louisiana.

Churchill Downs' Acquisition of Fair Grounds Race Course Approved

The U.S. Bankruptcy Court has approved Churchill Downs Incorporated's $47 million acquisition of the Fair Grounds Race Course.

Churchill Downs Pushes for Auction

News Brief: Churchill Downs Inc. has pressed for a scheduled auction of the embattled Fair Grounds track in bankruptcy court.

Fair Grounds Submits Chapter 11 Reorganization Plan

News Brief: Financially troubled Fair Grounds has submitted a Chapter 11 reorganization plan that calls for the facility to be auctioned through United States bankruptcy court.

Fair Grounds, Churchill Downs Talks Stalled

News Brief: Discussions between Fair Grounds and Churchill Downs Inc. for the Louisville company to acquire the New Orleans track have stalled.

Fair Grounds Reorganization Deadline Moved

News Brief: The deadline for Fair Grounds to file a reorganization plan in bankruptcy court was moved from March 29 to April 15. The track has also filed a lawsuit against the state of Louisiana.

Churchill Downs Offers to Buy Louisiana Track

News Brief: Churchill Downs Inc. has offered $28.5 million to buy the Fair Grounds racetrack in New Orleans.

Churchill Downs Shows Interest in Louisiana Track

News Brief: Louisiana’s Fair Grounds, which filed for Chapter 11 bankruptcy protection last August, may become the latest racetrack to join ranks with Churchill Downs Inc.

New Orleans Track Faces Challenges

News Brief: The Fair Grounds' racing meet begins on Thanksgiving while the track’s officials are dealing with court ruling that forced the track into bankruptcy reorganization, a year-long project of adding slot machines and stiff competition from other tracks.

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