![]() Ohorilko hasn’t had the chance to learn more yet beyond what the company announced. ![]() If the company can’t reach an agreement on a lease - Churchill Downs would then buy the Hard Rock Casino itself. Under terms of the deal announced by Churchill Downs, they would sell the property associated with Hard Rock Sioux City to a third party and then lease it back to run the casino. Iowa Racing and Gaming Administrator, Brian Ohorilko, says his office was notified of the deal Tuesday morning. Sioux City, Iowa - The company that owns the historic site of the Kentucky Derby has announced a deal to purchase the assets of the company that owns the Hard Rock Casino in Sioux City.Ĭhurchill Downs Incorporated says it has entered an agreement to buy the assets of Peninsula Pacific Entertainment for $2.48 billion.
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