Ellis Park Racing & Gaming Announces Upcoming Removal of Water Tower

HENDERSON, KY., (November 21, 2024) - Ellis Park Racing & Gaming ("Ellis Park" or the "Property") announced today that, despite dedicated efforts to preserve the historic water tower on the Property, it will be removed over the coming weeks due to critical safety concerns related to its structural integrity.

Since the acquisition of Ellis Park by Churchill Downs Incorporated ("CDI" or the "Company") in 2022, the Company has invested over $8.5 million in enhancements and repairs on the Property with an additional $5 million slated for further improvements in 2025. However, given the lack of functionality and rapid deterioration of the water tower, the increasing risks associated with the unsound structure compelled CDI, upon advisement, to make the difficult decision to proceed with its removal before the end of the year.

"We understand the deep emotional connection the water tower holds for our fans and the local community," said Matthew Pressley, General Manager of Ellis Park. "This decision was not made lightly, as we prioritize the safety of everyone who visits our facility. We are committed to exploring meaningful ways to honor the historical significance of the water tower, ensuring that its legacy is celebrated and remembered for future generations."