Fair Grounds to Reclaim $2.7M from Churchill Downs, Inc.

         The Fair Grounds Race Course and Slots will get $2.7 M put back into its purse structure for its next thoroughbred meet.

         The Times-Picayune’s Katherine Terrell reports The Louisiana Racing Commission has ordered Churchill Downs Inc. to give the money back.

         Terrel reports the CDI withheld the money from the purses as a result of pending litigation concerning payouts to the Fair Grounds quarter horse meet.

- Sponsors -

         The Commission questioned Churchill Downs Inc.’s authority to do that at a special meeting today, and ordered the group to return the funds.

         Terrell reports Churchill Downs had initially placed the money in escrow and said they planned to distribute the funds upon conclusion of the lawsuit.  

Digital Sponsors / Become a Sponsor

Follow the issues, companies and people that matter most to business in New Orleans.

Email Newsletter

Sign up for our email newsletter