Oaklawn’s President Louis Cella announced a $100 million expansion in November 2018, with construction beginning in May 2019. In March 2019, Oaklawn officially changed its name, adding a full-service casino, as well as sports betting. Formerly known as Oaklawn Park Race Track, the now-named Oaklawn Racing Casino Resort is a Thoroughbred racetrack and casino in Hot Springs, Arkansas.