Oxford Casino GM Talks to Gambling Board About Sale to Churchill Downs
The general manager of Oxford Casino appeared before the Gambling Control Board for the first time since the company announced plans to sell the facility to Churchill Downs. Churchill Downs has agreed to buy the casino for $160 million. Oxford’s general manager, Jack Sours, spoke at the board’s meeting in Bangor Tuesday.He says he expects the deal be done in the fall. But Churchill Downs still needs to submit an application to operate in Maine. Oxford Casino opened last June and expanded its gaming floor a few months later.Sours says, “You look at company like Churchill Downs coming to the state of Maine. It’s a publicly traded corporation with a lot of resources and it’s a very good fit, a good fit for the Oxford Casino and staff, so we’re all very excited about it.”Gambling Control Board Chairman Timothy Doyle says, “We’ll do a thorough vetting of their background and then we’ll apply the law. The law spells out suitability for being licensed. So we’ll review the application with the law in mind and, if appropriate, they’ll be licensed.”Tuesday, the board also approved the license for a new gaming vendor in the state. Genesis Gaming provides poker services for casinos.