Churchill Downs Inc. today announced that it will buy Harlow’s Casino in Greenville, Miss., for $138 million in cash from a private investment group.
The deal is expected to close in three-to-six months, pending regulatory approval.
It will be the second poker room in Churchill’s portfolio, which also owns Calder Casino in Miami Gardens, Fla. Churchill also owns a racino in Louisiana and thoroughbred tracks in Illinois and Kentucky.