The company opening a racino in Turtlecreek Township says it's committing $3 million to revitalizing the Warren County Fairgrounds.
Miami Valley Gaming is contributing $1 million this year that will support redeveloping the current Lebanon Raceway at the fairgrounds. The raceway is being moved to the new gaming and racing complex that will be built.
The company is also contributing $500,000 per year for the next four years.
Warren County Commissioners have approved plans for developing a $175 million racino in Turtlecreek Township. The facility will combine harness racing with up to 2,500 video lottery terminals. It'll be located on State Route 63 at Union Road. The current Lebanon Raceway will move to the new site.
It's a joint venture of Churchill Downs and Delaware North Companies Gaming and Entertainment, which have formed a new company, Miami Valley Gaming and Racing, to develop and operate the racino.