CDI

15th April 2021

Sportradar scores sports betting partnership with CDI’s TwinSpires

Sportradar has entered a multi-year sports betting partnership with TwinSpires, the online sports wagering division of Churchill Downs Incorporated (CDI). Under the deal, Sportradar will…

18th March 2021

Churchill Downs raises $500m through senior notes offering and term loan

Racing and gambling operator Churchill Downs Incorporated (CDI) has raised a total of $500m through a term loan and an offering of senior notes. Both…

2nd March 2021

US federal court approves Big Fish Washington settlement

A US federal court has approved a settlement agreed by Churchill Downs Incorporated, former owner of Big Fish Games, and its current owner Aristocrat Leisure,…

25th February 2021

CDI swings to 2020 loss despite Q4 recovery

Racetrack and gaming operator Churchill Downs Incorporated (CDI) made a loss of $81.9m in 2020 as revenue dropped 207% to $1.05bn, but the business experienced…

29th October 2020

State of the Union: NV, Penn, NBA and more

This week’s State of the Union, in partnership with Segev LLP, includes financial results from a variety of the US’s major regional casino players –…

29th October 2020

Net profit rockets 191.9% at CDI after online betting growth in Q3

Churchill Downs Incorporated (CDI) has reported a 10.3% year-on-year increase in net revenue in the third quarter, as growth within its online betting business also…

7th September 2020

Michigan clears CDI for advance-deposit wagering

The Michigan Gaming Control Board (MGCB) has approved Churchill Downs Incorporated (CDI) to begin offering advance deposit wagering (ADW) on horse racing to players in…

4th September 2020

CDI opens new outdoor gaming space at Derby City

Churchill Downs Incorporated (CDI) has opened a new outdoor gaming patio on the south side of Derby City Gaming, the only licensed land-based gaming facility in…

2nd September 2020

CDI reopens Calder Casino in Florida

Churchill Downs Incorporated (CDI) has announced the reopening of its Calder Casino property in Miami, Florida, after more than five months closed due to the…

28th August 2020

Churchill Downs shifts online offering to Kambi and GAN

Churchill Downs Incorporated (CDI) has announced that it will migrate its BetAmerica-branded sports betting and igaming business to Kambi and GAN’s software.  The deal will…

12th August 2020

CDI sets out safety protocols for delayed Kentucky Derby

Churchill Downs Incorporated (CDI) has announced a series of safety protocols for the Kentucky Derby, as it prepares to host the showpiece horse racing event…

30th July 2020

State of the Union: DraftKings, Rush Street, NV and more

This week’s State of the Union, in partnership with Segev LLP, covers DraftKings and Kambi’s decision to cooperate as the operator migrates from Kambi’s platform…

30th July 2020

CDI seals deal to launch BetAmerica in Michigan

Churchill Downs Incorporated (CDI) is set to launch its BetAmerica brand in the state of Michigan, after agreeing a new partnership with the Hannahville Indian…

30th July 2020

CDI sees revenue plummet and losses rise in first half

Churchill Downs Incorporated (CDI) has reported a year-on-year fall in revenue and a net loss for the first half of 2020, primarily due to the…