Churchill Downs closing in on $326m deal for Rivers Casino Published February 26, 2019Updated March 07 , 2019 Churchill Downs is a step closer to becoming the majority owner of Rivers Casino in Des Plaines, Illinois. The deal, which amounts to a 50.1 per cent stake in Midwest Gaming Holdings, is expected to cost US $326 million. The takeover is still awaiting approval from the Illinois Gaming Board, which could make a decision by the end of the week. SEE ALSO: BEST US CASINO SITES “We are thrilled to have Churchill Downs become our partner in Des Plaines, because they share our vision for the future of Rivers Casino and our commitment to our team members, community and guests,” said Greg Carlin, CEO of Midwest Gaming. “They have a tremendous record of success and innovation. “With their representation on our Board of Managers, we’re confident Rivers will remain one of the most successful casino destinations in North America.” Churchill Downs operates four racetracks in the United States, including Arlington International – only a short drive from Des Plaines. Latest casino promotions Unlock Boho Casino’s Treasure Hunt: 30% bonus & 50 spinsBoost your play at Boho Casino with 30% up to $300 + 50 spins daily on Billie Wild. Available July 30–Aug 3 with promo code... Get up to 100 VIP free spins at Boho Casino every TuesdayBoho Casino is offering up to 100 VIP free spins every Tuesday when you log in and make a deposit. Find out how to cash... Kirgo Casino Wednesday Free Spins – Your Midweek Boost!Spin into midweek wins with Kirgo Casino’s Wednesday promo. Use bonus codes WED25, WED70, or WED150 to grab up to 150 free spins. Tahiti Casino Weekly Splash Starter 100% deposit matchTahiti Casino Weekly Bonus: Get a 100% match up to $1,000 with your first deposit of the week. Clear terms, great value. King Johnnie Kash Drops promotion | Win massive real money prizesKing Johnnie Casino is making it rain with the Kash Drops — your chance to pocket surprise real money prizes while playing your favourite games.... More News Share On Facebook Share On Twitter