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Churchill Downs Drops Solo Bid for OTB28 March 2001LOUISVILLE, Kentucky -- March 28, 2001 -- As reported by Reuters:``Horse race company Churchill Downs Inc. (NasdaqNM:CHDN) on Tuesday said it had joined the New York Racing Association and Television Games Network in their bid to buy New York City Off-Track-Betting Corp., and withdrew the application it had filed on its own. ``Churchill Downs' flagship operation hosts the legendary Kentucky Derby race. ``Off-Track-Betting sites in New York City are authorized to take bets on horse races, and are dispersed around the city..." |