Wind Creek Hospitality announced on Monday they have entered an agreement with the McGregor family to acquire Birmingham Racecourse. Wind Creek Hospitality is owned by the Poarch Band of Creek Indians, and the McGregor family owns Birmingham Racecourse.
Wind Creek plans
to transform the Birmingham Racecourse into a premier entertainment destination
in the Southeast and continue to provide parimutuel and historical horse racing
games.
"For
over 30 years, we have worked to provide the best possible experience for our
customers and employees, while generating significant tax revenue for the state
of Alabama and local charities," said Lewis Benefield, president
of the Birmingham Racecourse and Victoryland. Benefield said the tax revenue supports
local schools, hospitals, charities, and other organizations that need
financial support.
Benefield
said the McGregor family has consistently sought to enhance the gaming and
entertainment options at the Birmingham Racecourse, but legislative hurdles
have presented challenges.
"The
people of Birmingham desire the same types of entertainment offered
at other facilities in and around Alabama," Benefield said.
"Unfortunately, differing state laws and enforcement actions regarding
gaming have limited our ability to compete effectively. The McGregor family
will now focus their efforts on Victoryland in Macon County and
advocate for unified gaming legislation in Alabama which would
capture much-needed revenue for the people of Alabama."
Jay Dorris, president
and CEO of Wind Creek Hospitality said the McGregor family built and has
operated the Birmingham Racecourse and Casino for decades, “providing
great entertainment, attracting tourism, and creating economic growth In
Alabama.”
Stephanie
Bryan, Tribal Chair and CEO of the Poarch Band of Creek Indians, said the tribe
has already been heavily involved in the Birmingham area, supporting
organizations like the Birmingham Promise, Birmingham Zoo, and many
others. Bryan said Wind Creek will make the facility a major economic
force for the area by creating more jobs, taxes, and support for the local
community.
The sale of Birmingham
Racecourse is expected to be finalized by early 2025.
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