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According to a short report from Gambling Insider, the Johannesburg-headquartered firm has instead opted to accept an earlier offer from one of its largest creditors, private equity investor Mary Oppenheimer Daughters, that will involve it receiving just over .8 million in exchange for its assets and large shareholding in local horseracing broadcaster Phumelela Gold International Limited.In a news release, Kevin Flanery, the President of the Churchill Downs Racetrack, commented that reducing the size of the crowd is important to creating a safe environment....

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