SUNLAND PARK, N.M. (KFOX14/CBS4) — The Sunland Park Racetrack & Casino has been bought for $301 million.
Strategic Gaming Management, LLC (SGM), a company out of the Midwest and Mountain West in the U.S., made the announcement on Wednesday.
“With the acquisition of Sunland, we are well on our way to our goal of being a scale operator of regional assets with rich histories, competitive moats, and very strong and loyal customer bases,” said J. Grant Lincoln, SGM’s founder and CEO. “We will continue to invest in our assets and thoughtfully grow our platform while continuing to pursue opportunities that meet our strategic plans. We welcome the incredible Sunland Park team to the Strategic family and look forward to many years of success together.”…