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Cherokees purchase Blue Ribbon Downs
Friday, December 11, 2009 at 10:08:35 AM
The Cherokee Nation announced Thursday that it had purchased the Blue Ribbon Downs race track in Sallisaw.
Blue Ribbon Downs, the state's first parimutuel race track and first racino in the state had been shuttered by the Choctaw Nation in November at the end of its fall live racing meet, after the track experienced severe financial problems.
Though Cherokee Nation Enterprises, the tribe's gaming, hospitality and tourism subsidiary, did not disclose the terms of the sale or how much it agreed to pay for the track, it did state in a news release that the purchase includes the land, facilities and equipment.
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