$300M Churchill Downs project with hotel scratched

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Plans for a $300 million expansion of Churchill Downs that included a hotel will not be pursued in light of an unfavorable travel market outlook, officials of the Louisville, Ky., racetrack announced. The project, suspended during the pandemic and then tentatively scheduled to resume this year, may be revived in the future, Churchill Downs CEO Bill Carstanjen said during an earnings call.

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