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Derby City Gaming is located at the old Louisville Downs site. Louisville Downs was originally a harness track which closed in 1991. The property featured a trackside training facility for horses and jockeys as well as spectrum betting at an off-track facility which overlooked the track.
The gaming floor at the new Derby City Gaming Downtown in Louisville, Ky. on Dec. 4, 2023. The venue opens to the public at 9 a.m. Dec. 6 — the 150-day mark until the 150th Kentucky Derby next May.
Now, Churchill Downs is gearing up for the opening of its second Derby City Gaming location at 140 S. 4th St. in downtown Louisville, just a 12-minute drive from the iconic twin spires track.
The outdoor patio at the new Derby City Gaming Downtown in Louisville, Ky. on Dec. 4, 2023. The casino business will create an atmosphere of gaming, entertainment, and energy, seven days a week.
Louisville Downs was built and managed by William H. King, a Louisville entrepreneur and promoter, who was the first to offer wagering by phone (“Call-a-Bet”) and full card simulcast wagering to television viewers. [1] The track is now the site of Derby City Gaming, a historical racing parlor opened in 2018.
In September 2018, the company opened Derby City Gaming, a $65-million historical racing parlor, at the site of Louisville Downs. [42] [43] In March 2019, Churchill Downs bought a 62 percent share in Rivers Casino Des Plaines, a few miles away from Arlington Park, from Neil Bluhm and his partners for $401 million.
The gaming floor at the new Derby City Gaming Downtown in Louisville, Ky. on Dec. 4, 2023. But Churchill Downs Inc. is no longer a single-minded company supported solely by on-track horseracing.
The Kentucky Derby began offering $3 million in purse money in 2019. Churchill Downs officials have cited the success of historical race wagering terminals at their Derby City Gaming facility in Louisville as a factor behind the purse increase. The Derby first offered a $1 million purse in 1996; it was doubled to $2 million in 2005.