CDI

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).…

28th July 2022

CDI looks to acquire after land sale boosts profit in Q2

Churchill Downs Incorporated (CDI) posted record revenue for the second quarter of 2022 following the recovery of its live and historical racing segment, while it…

24th February 2022

Churchill Downs returns to profit as revenue grows 51.1% in 2021

Churchill Downs Incorporated (CDI) reported net revenue of $1.59bn (£1.19bn/€1.43bn) for its 2021 financial year ended 31 December, helped by consistent year-on-year increases in every…

17th February 2022

CDI names Simon as new technology chief

Churchill Downs Incorporated (CDI) has announced the appointment of Nate Simon as its new senior vice president and chief technology officer. Replacing Ben Murr, who…

17th January 2022

CDI appoints Murr to lead sports betting and igaming

Churchill Downs Incorporated (CDI) has promoted Ben Murr to president of online gaming and its TwinSpires sports betting brand. In his new role, Murr will…

19th November 2021

Churchill Downs wins tender for Indiana casino development

Churchill Downs Incorporated’s (CDI) proposal to develop and operate a new land-based casino in the state has been selected in a tender process by the…

28th October 2021

Gaming growth drives CDI to record revenue and net profit for third quarter

Churchill Downs Incorporated (CDI) saw revenue and net profit reach record levels in the third quarter of its 2021 financial year, primarily due to growth…

29th September 2021

Churchill Downs sells Arlington Racecourse site to Chicago Bears for $200m

Churchill Downs Incorporated (CDI) has signed a purchase and sale agreement with NFL side Chicago Bears, which will see the latter obtain property in Arlington…

23rd September 2021

Indiana Gaming Commission receives four bids for Vigo County resort

The Indiana Gaming Commission has received proposals over the development of a casino resort in Vigo County from Churchill Downs Incorporated (CDI), Full House Resorts,…