Sunland Park Racetrack and Casino Sale Finalized

October 18, 2025 - 18:16

The sale of the Sunland Park Racetrack and Casino has officially been completed. This historic facility, which has been a staple in Sunland Park, New Mexico, for 66 years, was initially announced on October 1. However, the full financial details of the transaction were not disclosed until the deal was finalized on October 15.

The acquisition, valued at $301 million, includes a real estate leaseback arrangement with Gaming and Leisure Properties, Inc. This strategic move is expected to enhance the operational capabilities of the racetrack and casino while providing a steady revenue stream for the new owners.

Strategic Gaming Management, the company behind the purchase, aims to revitalize the venue and expand its offerings, further solidifying its position in the competitive gaming market. The sale marks a significant milestone for the region, promising to bring new investments and opportunities to the local economy. As the new owners take the reins, the community looks forward to the future of this iconic establishment.