CDI
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…
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…
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…
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…
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…
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…
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…
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…
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…
State of the Union: CA, LA, NJ and more
This week’s State of the Union, in partnership with Segev LLP, includes the latest updates on bills to put sports betting to voters in both…
CDI to reopen five more US casino properties
Churchill Downs Incorporated (CDI) has announced that it is to reopen five more of its casinos across Florida, Louisiana, Maryland, Ohio and Pennsylvania. Casinos will…
CDI reopens Derby City Gaming, purchases HRMs from IGT
Churchill Downs Incorporated (CDI) has reopened its Derby City Gaming property in Louisville, Kentucky, and agreed a deal to acquire 1,250 historical racing machines (HRMs)…
Impairment expenses push CDI to loss in Q1
Churchill Downs Incorporated (CDI) has posted a net loss of $23.4m for the first quarter, primarily due to write-downs of business assets. Net revenue in…
CDI furloughs employees at closed locations
Churchill Downs Incorporated (CDI) has temporarily furloughed employees at venues closed by the novel coronavirus (Covid-19) pandemic. In addition, all remaining salaried CDI employees will…