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August 01, 2015 10:28 PM ET


Company Overview of Miami Valley Gaming & Racing LLC

Company Overview

Miami Valley Gaming & Racing LLC develops and manages VLT facility and racetrack. The company is based in the United States. Miami Valley Gaming & Racing LLC operates as a subsidiary of Churchill Downs Inc and Delaware North Companies Gaming & Entertainment, Inc.


United States

Key Executives for Miami Valley Gaming & Racing LLC

Miami Valley Gaming & Racing LLC does not have any Key Executives recorded.

Miami Valley Gaming & Racing LLC Key Developments

Miami Valley Gaming Names Domenic Mancini as President and General Manager

Miami Valley Gaming announced it has named Domenic Mancini as president and general manager. Miami Valley Gaming in Lebanon announced it has named Domenic Mancini as president and general manager. He replaces James Simms who served as the general manager of the $175 million facility for its first two years of operation. Mancini has been senior director of operations since its opening. He will oversee all racing operations at the facility.

Miami Valley Gaming & Racing LLC Reports Earnings Results for the First Quarter Ended March 31, 2015

Miami Valley Gaming & Racing LLC reported earnings results for the first quarter ended March 31, 2015. The company reported net revenue of $34,001,000, adjusted EBITDA of $9,367,000, net income of $6,223,000 against net revenue of $32,794,000, adjusted EBITDA of $8,583,000, net income of $4,082,000 a year ago.

Miami Valley Gaming & Racing LLC Opens New Gaming in the Dayton and Cincinnati Regions of Southwest Ohio

Miami Valley Gaming & Racing LLC opened new gaming in the Dayton and Cincinnati regions of southwest Ohio. The facility features 1,600 of the gaming industry's newest video lottery terminals; a racing simulcast center, broadcasting races from around the country; and a 5/8-mile harness racetrack. The racetrack, which will open in February to replace Lebanon Raceway, will accommodate more than 1,000 harness-racing fans in an indoor grandstand. Miami Valley Gaming boasts four new dining options for the region: CinCity, a 1940's-cool steak and seafood restaurant with upscale service but a high-level casual feel; Acres Seasonal Buffet, featuring a wide array of prepared cuisine and action stations focused on serving dishes using fresh, Ohio-grown produce; Trifecta, three fast-casual eateries in one where guests can savor brick-oven pizzas, famous Cincinnati and other chili, and specialty burgers; and MV Perks, a coffee shop also offering pastries, shakes and smoothies. Miami Valley Gaming also offers two tavern options: 1803 Bar and Center Bar. Paying homage to the year Ohio became the 17th state, the 1803 Bar features both traditional and dining seating and a game of Ohio-specific trivia. Center Bar is a highlight of the gaming floor area, featuring full-service cocktails, spirits, wines and craft brews and other beers. The facility is expected to generate at least $24 million per year for local communities and provide more than 500 jobs in the region.

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