Churchill Downs Receives Approval for Marshall Yards Racing & Gaming in Calvert City, Kentucky

CHDN
October 05, 2025

Churchill Downs Incorporated announced it received approval from the Calvert City Planning and Zoning Board for the development of Marshall Yards Racing & Gaming. This new historical horse racing (HRM) entertainment venue in Calvert City, Kentucky, is projected to cost $40 to $50 million.

Marshall Yards will be CDI's eighth HRM venue in Kentucky and is expected to open in early 2026. The facility will feature up to 240 state-of-the-art HRMs, a sports bar, a retail sportsbook, simulcast wagering, and food and beverage offerings. It will operate as an annex of Oak Grove Racing, Gaming & Hotel.

The company anticipates that this project will generate $45 million in annual regional economic impact and create 90 permanent jobs, in addition to 250 construction jobs. This development reinforces CDI's strategy of expanding its high-margin HRM business in key markets.

The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.