A Louisville, Kentucky-based investor reached a deal to buy the majority stake in a newly opened casino in Southern New Hampshire.
Churchill Downs Inc., owner of the famous race track that hosts the Kentucky Derby, entered into an agreement to acquire 90% ownership in the Live Casino in Salem, the company announced Monday. A securities filing shows it paid $180M for the stake. 
CDI purchased a 51% stake from The Cordish Cos., operator of the nationwide Live Casino brand. And it bought a 39% stake from F&L Gaming, an entity owned by local developers Sal Lupoli and Joe Faro.
Lupoli and Faro will maintain a 10% ownership of the…