The owner of Delta Downs Racetrack & Casino has entered into a definitive agreement to acquire Peninsula Gaming, which owns Evangeline Downs Racetrack & Casino, for $1.45 billion.
TVG, the interactive horseracing network, has announced an agreement with Evangeline Downs Racetrack and Casino for the exclusive television and interactive wagering rights for the live Thoroughbred and Quarter Horse meets conducted at the Opelousas, Louisiana track.
Slot machines at the new Evangeline Downs in Opelousas, La., pulled in nearly $72 million in gross revenue and generated more than $12 million for purses and breed development in their first year of operation, according to statistics from the Louisiana Gaming Control Board.
The slot machines parlor at Evangeline Downs in Opelousas, La., opened Dec. 19 even though the facility won't offer live horse racing until 2005. The 2004 meet will be held at the existing Evangeline Downs in Carencro, about 10 miles south of the new site.
The All American Fourth of July Festival, expanded to three days this year, generated business gains for Evangeline Downs, track officials said. Veterans of the local racing scene claimed the crowd on July 4 was one of the largest in the 38-year history of the Carencro, La., racetrack.
Having recovered from some hurricane damage, Evangeline Downs will open its next-to-last season at its current location April 4. The Carencro, La., racetrack will race through Sept. 1.
An Iowa riverboat operator has taken full ownership of Evangeline Downs and acquired the land to build a new track and casino in an adjoining parish.
Peninsula Gaming of Delaware has acquired all of Evangeline Downs near Lafayette, La., and has purchased more than 500 acres for the track's new location and slot-machine parlor.
Peninsula Gaming Partners announced today it has entered into an agreement to acquire 50% of Evangeline Downs, a racetrack near Lafayette, La.
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