FOR SALE?: Churchill Downs may be ready to sell struggling Hoosier Park
“I’m not sure Churchill Downs has put a deadline on this issue, but rest assured, they’re constantly evaluating their portfolio,” said Ed Feigenbaum, publisher of Indiana Gaming Insight. Churchill Downs sold Hollywood Park for $260 million to San Francisco-based Bay Meadow Land Co. The lofty price was based largely on the value of land in southern California. Analysts say Hoosier Park, which sits on 100 acres rented from the city of Anderson, would fetch a fraction of that price. Industry…