Wind Creek Hospitality is set to acquire Birmingham Racecourse and Casino in Alabama, US, with a view to transform it into “a premier entertainment destination in the Southeast.”
The venue will continue to offer parimutuel and historical horse racing games currently in operation and the facility.
"For over 30 years, we have worked to provide the best possible experience for our customers and employees, while generating significant tax revenue for the state of Alabama and local charities," said Lewis Benefield, president of the Birmingham Racecourse and VictoryLand.
"We have paid hundreds of millions of dollars to the State of Alabama and to local schools, hospitals, charities and other organisations that need financial support."
Benefield said the McGregor family has consistently sought to enhance the gaming and entertainment options at the Birmingham Racecourse, but legislative hurdles have presented challenges.
"The people of Birmingham desire the same types of entertainment offered at other facilities in and around Alabama," Benefield said. "Unfortunately, differing state laws and enforcement actions regarding gaming have limited our ability to compete effectively. The McGregor family will now focus their efforts on VictoryLand in Macon County and advocate for unified gaming legislation in Alabama which would capture much-needed revenue for the people of Alabama."
Wind Creek Hospitality is based in Atmore, Alabama and plans to expand the investments made in recent years at the Birmingham Racecourse.
