Business
June 1, 2026
Pay Dispute at Ocean Downs Sparks Protests
Ocean Downs Casino workers and management have failed to reach an agreement on fair pay, leading to talks of a strike just as the busy summer season is getting started. Employees represented by Unite Here Local 7 say they have reached a breaking point after months of negotiations with Churchill Downs Incorporated, the parent company […]
Industry
May 26, 2026
Stifel Analyst Says Churchill Downs’ Gaming Segment Has Selling Potential
According to Stifel analyst Jeffrey Stantial, Churchill Downs’ gaming segment has potential optionality. However, he cautions that Stifel is not aware of the company engaging in any merger or acquisition discussions at the moment. Gaming Sector Could Bring In A Lot, But Churchill Downs’ Won’t Sell Stantial observes that there is a compelling sum-of-the-parts (SOTP) […]
Business
April 23, 2026
Churchill Downs Q1 Report Outlines Record Revenue, EBITDA
Churchill Downs Incorporated (CDI) has published its Q1 financials, reporting slight increases across the board. The company’s net revenue hit a new record, attesting to the company’s strong position. A Strong Start to the Year for CDI In the three months ended March 31, 2026, Churchill Downs reported net revenue of $663 million, marking an […]
Sports
April 22, 2026
Churchill Downs to Acquire Intellectual Property of Preakness Stakes, Black-Eyed Susan Stakes
Churchill Downs has confirmed that it is looking to acquire the intellectual property, trademarks, and associated rights for the Preakness Stakes and Black Eyed Susan Stakes. Churchill Downs Moves on Preakness Stakes IP and Associated Rights According to a press release, the company has entered into a definitive agreement with 1/ST Maryland LLC, the current […]
Legal
January 28, 2026
Churchill Downs Strikes Back Against Maine’s Tribal iGaming
Maine’s decision to grant local tribes exclusive rights to offer online casino gaming does not sit well with Churchill Downs, judging from the operator’s decision to challenge the law in court. The company argued that online gaming would undermine brick-and-mortar casinos, such as its Oxford Casino, which have been major contributors to the local economy. […]
Casino
January 13, 2026
Churchill Downs to Redevelop Salem Casino into Rockingham Grand Casino
Churchill Downs Incorporated (CDI) announced its plans to renovate its charitable gaming facility in Salem, New Hampshire. The company expects to invest up to $200 million in transforming the venue into a modern casino called Rockingham Grand Casino. The Casino Will Be Significantly Expanded In its official announcement, CDI noted that plans will see the […]
Legal
January 7, 2026
Churchill Downs Secures Decisive Court Win in Michigan
The protracted legal battle between Churchill Downs and the Michigan gaming regulator finally reached its conclusion, marking a pivotal moment for online horse wagering in the United States. On January 6, the federal court issued a decisive ruling in favor of the Louisville-based operator, permanently blocking Michigan’s attempt to shut down TwinSpires, Churchill Downs’ advance […]
Legal
August 7, 2025
Churchill Downs Scores Another Legal Victory in Michigan Betting Dispute
Churchill Downs Incorporated, parent company of the TwinSpires betting platform, scored another court win in its long-running legal dispute with the Michigan Gaming Control Board (MGCB). The Sixth Circuit Court of Appeals denied the regulator’s request to stay a lower court order that has allowed TwinSpires to continue operating in the state. Interstate Laws Clash […]
Industry
May 5, 2025
Churchill Downs Sees Record Handle as Sovereignty Wins Kentucky Derby
Churchill Downs Incorporated (CDI) announced Sovereignty as the winner of the 151st running of the Kentucky Derby. In addition to that, the company noted that this year, a record-breaking $394 million has been wagered on the event. Sovereignty Prevailed at the Main Race In its official announcement, CDI confirmed that Sovereignty has claimed the Garland […]
Industry
January 14, 2025
Churchill Downs Takes MGCB to Court over TwinSpires Suspension
Churchill Downs, a prominent horse racing and gaming company in America, has filed a lawsuit against the Michigan Gaming Control Board (MGCB). The suit is related to the recent suspension of the TwinSpires online platform. Michigan Asked ADW Operators to Cease Their Activities Earlier this month, the MGCB issued a summary suspension order against TwinSpires, […]
