CDI agrees to acquire HHR tech supplier Exacta Systems for $250m

| By Robert Fletcher
Churchill Downs Incorporated (CDI) has entered a definitive agreement to acquire Exacta Systems, which provides technology to support historical horse racing (HHR) machines, for $250.0m (£205.8m/€235.0m).
Churchill Downs Incorporated raise funds

Under the agreement, CDI would purchase all the outstanding equity interests of Exacta Systems, which provides technology for machines made by suppliers such as AGS, IGT, Light & Wonder, Everi, Konami and Incredible Technologies.

Historical horse racing machines allow players to play a slot-like game based on horse racing results. These machines are permitted in some states in which betting on horse racing is legal but traditional slot machines are not.

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