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Churchill Downs buying Maine casino for $160M

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OXFORD, Maine (AP) — Less than a year after it opened, Oxford Casino is being sold for about $160 million to Churchill Downs Inc., the Kentucky-based gambling company announced Friday. The deal awaits approval by the Maine Gambling Control Board and is expected to close in the fourth quarter of 2013. Churchill Downs Chairman Robert Evans said the acquisition of Oxford continues its focus on...

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