Ellis Park sale

The pending sale of Ellis Park to the gaming company Churchill Downs, Inc. (CDI), cleared a necessary regulatory hurdle Tuesday when the Kentucky Horse Racing Commission (KHRC) swiftly approved the transaction by a unanimous voice vote. The KHRC members in attendance at the "special" meeting greenlighted the $79-million transaction in just 6 ½ minutes after a perfunctory read-through of the basic terms of the deal and a statement that the commission expects CDI to follow through with development projects that had been agreed to by the outgoing owner, which is...