Churchill Downs
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…
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.…
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…
Churchill Downs announces new HRM hall in Downtown Louisville
Churchill Downs has announced plans to open a new historical racing machine (HRM) entertainment venue in downtown Louisville, Kentucky. Named Derby City Gaming Downtown, the…
Flanery to step down as Churchill Downs Racetrack president
Churchill Downs Racetrack president T. Kevin Flanery will step down from the role he has held since 2009 at the end of the year. Bill…
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…
State of the Union: William Hill, Washington DC, PointsBet and more
This week’s State of the Union, in partnership with Segev LLP, covers William Hill’s acquisition of sportsbook solutions provider CG Technology and the latest sports…
State of the Union: Illinois, Nevada, New Jersey and more
This week’s State of the Union, in partnership with Segev LLP, includes the return of remote registration in Illinois, following renewed casino shutdowns, as well…
State of the Union: Caesars, New Jersey, college football and more
This week’s State of the Union, in partnership with Segev LLP, covers the first results update from Caesars Entertainment since the merger between the former…
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 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…
Tribal and commercial casino reopenings continue
A number of major commercial and tribal casinos operators have announced that they will begin to reopen some of their facilities across the US, following…
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…