Churchill Downs completes takeover of Casino Salem and plans for future growth
Churchill Downs Expands Presence in New England with New Entertainment Facility in Salem
In a move that strengthens its reach in the growing New England casino market, Churchill Downs has announced plans to build an expanded entertainment facility in Salem, New Hampshire. The rebranded property will feature an expanded gaming floor and several new food and beverage outlets.
The CEO of Churchill Downs, Bill Carstanjen, who acquired full control of the Salem, New Hampshire venture, is spearheading this expansion. Mr. Carstanjen has stated that the company plans to channel revenue from the Salem venue into local charitable organizations, demonstrating a commitment to giving back to the community.
The expansion is funded through Churchill Downs' existing credit facility, providing a solid financial base for the investments planned in Salem. This financial boost has been made possible by the company's record results in Q2 2025, with new all-time highs in net revenue and adjusted EBITDA.
Construction work on future phases can begin with approval from the New Hampshire Lottery Commission. The new facility will blend charitable gaming, dining, and live entertainment, offering a unique and exciting experience for visitors.
The expansion is expected to further solidify Churchill Downs' position in the New England market. With its focus on community involvement and entertainment, the company is set to make a significant impact in the region.
Stay tuned for more updates on this exciting development in Salem, New Hampshire.
