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Churchill Downs to buy Colonial Downs, Rosie’s parent company
Churchill Downs Inc., known for the Kentucky Derby, has entered an agreement to acquire Peninsula Pacific Entertainment LLC (P2E), the parent company of Colonial Downs Group and Rosie’s Gaming Emporiums, for $2.485 billion, the company announced Tuesday morning. CDI’s acquisition includes properties not only in Virginia but also Waterloo, New York, and Sioux City, Iowa. […]
Dumfries’ Rose gaming resort could have big local impact
Athough casinos being built in four Virginia cities have grabbed the lion’s share of media attention, construction is also underway on The Rose, a $400 million gaming facility and hotel in Prince William County that represents an additional outcome of the state’s 2020 casino legislation. Colonial Downs Group is building the hotel and conference center […]
Colonial Downs Racetrack sets $2.23M daily bets record
Bettors laid down a record $2.23 million in average daily wagers on horse races at Colonial Downs Racetrack in New Kent during this year’s annual race meet, Colonial Downs Group announced this week. The total amount bet on races during the seven-week racing season was $46.87 million, and a total of $10.4 million in purses […]
UPDATED: Richmond now has six major casino proposals
Updated Feb. 26 The city of Richmond is now considering six casino proposals, the mayor’s office announced Friday. Monday afternoon was the city’s deadline for its request for proposals, and all six submitted were deemed eligible. Starting next month, Richmond will hold public meetings with opportunities for citizen input. In addition to the Pamunkey Indian […]
Colonial Downs announces leadership changes
The Colonial Downs Group, owner of the New Kent County horse race track and Rosie’s Gaming Emporium, announced Friday Lisa Speller will serve as the company’s vice president of government affairs. Speller, who most recently served as a policy adviser for Gov. Ralph Northam’s administration, will oversee community relations for Rosie’s Gaming Emporiums in Richmond, […[...]
