Date: March 8, 2021
Casino Queen (CQH) has entered into an agreement with Fairmount Park Racetrack which will pave the way for casino gaming at the historic Thoroughbred track.
We believe in the future of horseracing I Illinois and are thrilled to expand the Casino Queen family into neighboring Collinsville, Illinois. The close proximity of Fairmount and Casino Queen will allow us to offer unique opportunities for guests and Team Members that were not previously available in our community. The synergy of two local iconic brands will bolster gaming and entertainment opportunities throughout the region.
Out Team Members and guests in the Metro East St. Louis area are familiar with the historic Fairmount Park Racetrack which began operation in 1925. The track hosts Thoroughbred flat racing and is one of three horse racing venues currently active in Illinois, and the only one outside the Chicago metro area. The racing surface is a one-mile (1.6 km) dirt oval, with straight chutes for six furlong and 1 ¼ mile races. Fairmount Park offers simulcast wagering from tracks throughout the country. It also operates four off-track betting facilities in Alton, Springfield and Sauget, Illinois. Additionally, Fairmount Park has reached an agreement with FanDuel to be their partner for online and retail sports book services.
Our continuing expansion will yield new opportunities for guests and Team Members and we look forward to sharing our vision for future growth upon receipt of all regulatory and agreement condition approvals.