CDI

27th July 2023

Record-breaking Derby Week lifts CDI Q2 figures

A record-breaking Kentucky Derby helped Churchill Downs Incorporated (CDI) to post record net revenue for a second successive quarter. Derby Week generated record revenue of…

5th June 2023

Churchill Downs suspends racing amid safety concerns

Churchill Downs Incorporated (CDI) has suspended all racing activity at its Churchill Downs Racetrack in Kentucky due to concerns over the safety of horses. Racing…

27th April 2023

CDI hails P2E acquisition impact as revenue hits record $559.5m in Q1

Churchill Downs Incorporated (CDI) said its acquisition of properties from Peninsula Pacific Entertainment (P2E) helped drive the operator to record net revenue in the first…

23rd February 2023

Revenue reached record $1.81bn at CDI in 2022

Churchill Downs Incorporated (CDI) achieved record revenue during its 2022 financial year, driven by the acquisition of new casino properties and the removal of pandemic-related…

16th February 2023

CDI closes $197.2m sale of Arlington Heights property to Chicago Bears

Churchill Downs Incorporated (CDI) has completed the sale of a property in Arlington Heights, Illinois, to nearby National Football League (NFL) franchise the Chicago Bears.…

10th January 2023

Bet365 to enter Pennsylvania with CDI deal

Bet365 is set to expand into Pennsylvania, having entered an online sports betting and igaming market access deal with Churchill Downs Incorporated (CDI) subsidiary Presque…

20th December 2022

CDI agrees to acquire HHR tech supplier Exacta Systems for $250m

Churchill Downs Incorporated (CDI) has entered a definitive agreement to acquire  Exacta Systems, which provides technology to support historical horse racing (HHR) machines, for $250.0m.…

19th December 2022

CDI adds Global Payments’ Carter to board

Churchill Downs Incorporated (CDI) has appointed Andréa Carter, senior executive vice president and chief human resources officer for Global Payments, to its board of directors.…

2nd November 2022

CDI closes $2.75bn Peninsula Pacific Entertainment acquisition

Churchill Downs Incorporated (CDI) has completed its purchase of substantially all assets of Peninsula Pacific Entertainment (P2E) for total consideration of $2.75bn. The acquisition, agreed…

27th October 2022

CDI posts record earnings in Q3 as P2E acquisition edges closer

Churchill Downs Incorporated (CDI) reported record adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in the third quarter, while the operator revealed that its…

27th September 2022

Churchill Downs completes $79.0m purchase of Kentucky’s Ellis Park

Churchill Downs Incorporated (CDI) has completed its previously announced acquisition of the Ellis Park racetrack and gaming facility in Kentucky for a total consideration of…

16th September 2022

Churchill Downs to acquire Kentucky’s Ellis Park for $79m

Churchill Downs Incorporated (CDI) has agreed a deal to acquire the Ellis Park racetrack and gaming facility in Kentucky for a total consideration of $79.0m.…

8th September 2022

CDI pens deal with FanDuel

Horse-racing and casino operator Churchill Downs Incorporated (CDI) has signed a content and sponsorship agreement with Flutter-owned FanDuel.   The multi-year deal involves multiple areas…

12th August 2022

CDI sells 49% stake of United Tote subsidiary to New York Racing Association

Churchill Downs Incorporated (CDI) has entered into an agreement to sell 49% of its United Tote Company subsidiary to the New York Racing Association (NYRA).…