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Churchill Downs Optimistic Regarding Richmond Casino PossibilityWritten by: Devin O’Connor

Churchill Downs Inc. last month agreed to acquire most of Peninsula Pacific Entertainment’s (P2E) assets for $2.485 billion. The takeover includes the casino operator’s development agreement with Urban One for a project in Richmond, Virginia, should voters there approve of the nearly $600 million proposal. Urban One, a Black-focused media conglomerate, is partnered with P2E
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