CDI

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,…

29th July 2021

Churchill Downs sees profit reach $144.4m in H1 as revenue rockets 91.6%

Churchill Downs Incorporated (CDI) returned to profit in the first half of its financial year as revenue almost doubled year-on-year following the easing of novel…

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…