Churchill Downs

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…

3rd September 2020

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…

27th August 2020

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…

13th August 2020

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…

30th July 2020

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…

30th July 2020

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…

21st May 2020

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…

30th April 2020

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…

26th March 2020

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…

17th March 2020

Kentucky Derby postponed until September 5

Churchill Downs Incorporated (CDI) has announced that the 2020 edition of the Kentucky Derby US horse racing event will be switched from May to September…

16th March 2020

Covid-19 leads to casino closures across US

Casinos have closed, both voluntarily and by law, across the US in response to the ongoing outbreak of the novel Coronavirus disease (Covid-19). The Indiana…

27th February 2020

Expanded casino estate boosts CDI revenue in 2019

Churchill Downs Incorporated’s net revenue for 2019 increased 33.0% to $1.33bn, thanks mostly to the building and acquisition of new casinos, though this expansion also…

3rd January 2020

CDI launches BetAmerica online sportsbook in Indiana

Churchill Downs Incorporated (CDI) has announced that its BetAmerica-branded online sportsbook has launched in Indiana. The move follows the launch of the BetAmerica retail sportsbook…

14th November 2019

State of the Union: NY, IN, IA, DE and more

This week’s State of the Union, in partnership with Segev LLP, covers the latest revenue figures from a range of sports betting markets across the…