The del Lago Resort & Casino in Seneca County will be getting a new owner.
Churchill Downs Incorporated is purchasing del Lago owner Peninsula Pacific Entertainment for nearly $2.5 billion.
Churchill Downs operates the online horse racing and sports betting platform Twin Spires.
If the state gaming commission approves the sale, it could close before the end of the year.
Peninsula Pacific took over del Lago last summer, after the Wilmot family sold their majority stake.