Acquisition History / Churchill Downs Incorporated / PPE Casino Resorts NH Holdings, LLC (Casino Salem) - 90% interest

Churchill Downs Incorporated Acquires PPE Casino Resorts NH Holdings, LLC (Casino Salem) - 90% interest

Announced August 27, 2025 — $180M

Churchill Downs IncorporatedCasino gaming2025

What happened

Casino Salem is a casino development in Salem, New Hampshire. Churchill Downs completed the acquisition of 90% of the equity interests of PPE Casino Resorts NH Holdings on August 27, 2025 for total consideration of $180M in cash, subject to purchase price adjustments.

Acquirer
Churchill Downs Incorporated
Target
PPE Casino Resorts NH Holdings, LLC (Casino Salem) - 90% interest
Announced
August 27, 2025
Price
$180M
Industry
Casino gaming
Buyer type
Strategic acquirer
Status
Closed

By the numbers

Churchill Downs Incorporated's acquisition history
1st of 1 tracked deals
Disclosed prices
1 of 1 Churchill Downs Incorporated deals
Churchill Downs Incorporated's average disclosed price
$180M
Churchill Downs Incorporated's largest disclosed deal
PPE Casino Resorts NH Holdings, LLC (Casino Salem) - 90% interest ($180M)
Tracked acquisitions in 2025
503 across all acquirers
Churchill Downs Incorporated in Casino gaming
1 acquisition

Frequently Asked Questions About This Acquisition

When did Churchill Downs Incorporated acquire PPE Casino Resorts NH Holdings, LLC (Casino Salem) - 90% interest?

Churchill Downs Incorporated acquired PPE Casino Resorts NH Holdings, LLC (Casino Salem) - 90% interest on August 27, 2025. This was Churchill Downs Incorporated's 1st publicly tracked acquisition out of 1 we have on record.

How much did Churchill Downs Incorporated pay for PPE Casino Resorts NH Holdings, LLC (Casino Salem) - 90% interest?

Churchill Downs Incorporated paid $180M for PPE Casino Resorts NH Holdings, LLC (Casino Salem) - 90% interest.

What does PPE Casino Resorts NH Holdings, LLC (Casino Salem) - 90% interest do?

Casino Salem is a casino development in Salem, New Hampshire. Churchill Downs completed the acquisition of 90% of the equity interests of PPE Casino Resorts NH Holdings on August 27, 2025 for total consideration of $180M in cash, subject to purchase price adjustments.

What other Casino gaming companies has Churchill Downs Incorporated acquired?

PPE Casino Resorts NH Holdings, LLC (Casino Salem) - 90% interest is Churchill Downs Incorporated's only publicly tracked acquisition in Casino gaming so far.

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