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Churchill Downs to acquire Clairvest’s Rivers Casino

George Miller
November 2, 2018
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Churchill Downs to acquire Clairvest’s Rivers CasinoReading Time: 1 minute

 

Churchill Downs, the iconic US company that operates the famous Kentucky derby, is all set to acquire stakes in Rivers Casino, the leading casino in the US state of Illinois. The shareholders of Clairvest Group have all given their nod for the acquisition.

The proposed transaction is subject to regulatory approvals and is anticipated to close during 2019.

Neil Bluhm, principal of Rush Street Gaming, said: “Clairvest has been a great partner. They made the decision to invest in Rivers Casino in the depths of the financial crisis and it has been a very successful investment.”

“Clairvest has enjoyed an excellent partnership with Neil Bluhm and the entire Rush Street and Rivers Casino management teams. We look forward to working together on other gaming projects in the future.” commented Jeff Parr, Clairvest’s vice chairman.


Source: Latest News on European Gaming Media Network

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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At the heart of the ever-evolving gaming and technology sectors lies EEGaming.org, a premier B2B platform and the definitive Intelligence Hub for industry leaders. As a flagship publication of HIPTHER, we bridge the gap between regional heritage and global innovation, redefining how the industry connects, informs, and inspires.

Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

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Our impact extends far beyond the digital page. EEGaming.org is a proud host of virtual meetups and industry-leading conferences that spark dialogue, foster collaboration, and drive innovation. Through detailed reports and live events, we create a space where operators, suppliers, regulators, and professional services come together to shape the future of gaming.

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Business & Advertising: [email protected]

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