Churchill Downs completed the acquisition of Peninsula Pacific Entertainment for $2.75bn.

Churchill Downs, a racing, online wagering and gaming entertainment company, agreed to acquire Peninsula Pacific Entertainment, an operator of gaming venues, for $2.75bn. “This unique set of assets expands our geographic footprint and provides additional scale. P2E has done an exceptional job developing and managing this collection of assets, which we are very excited to acquire and plan to strategically grow in the years ahead," Bill Carstanjen, Churchill Downs CEO.