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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 […]
Sports
May 6, 2024
Mystik Dan Conquers Churchill Downs’ Refurbished Racetrack
This year’s edition of the Kentucky Derby ushered in a new era for horse racing. According to Churchill Downs, which hosts the derby, the renovated track changed how fans experience the races. For context, Churchill Downs just completed its $200 million renovation. The company started the project almost three years ago and managed to complete […]
Business
February 9, 2024
Churchill Downs Forms Strategic Partnership with SAP America
Churchill Downs Incorporated (CDI) has unveiled a multi-year partnership with SAP America, a global market leader in enterprise application software. Under the deal, SAP will leverage its tech expertise to serve as the official technology partner of Churchill Downs Racetrack, the Kentucky Derby, and Kentucky Oaks. In addition, the agreement includes naming rights for the […]
Sports
August 1, 2023
Live Racing at Churchill Downs Resumes This September
The world’s most legendary racetrack and home of the famous Kentucky Derby, Churchill Downs Racetrack, will resume its operations starting from next month. On Monday, Churchill Downs Incorporated (CDI) confirmed that live racing will resume for the regularly scheduled meet starting on September 14, 2023. The relaunch of live racing comes after Churchill Downs temporarily […]
Industry
September 14, 2022
Churchill Downs Racetrack Teams with Venuetize for New App
The world’s most legendary racetrack and home of the Kentucky Derby Churchill Downs Racetrack announced it has entered into a partnership with Venuetize to provide its guests with a customized mobile app experience. New Way to Interact and Navigate The partnership between Venuetize and Churchill Downs Racetrack will see the mobile-first and payment technology supplier […]
Business
May 3, 2020
CDI Reported Q1 Revenue Drop, Re-Opening of Churchill Downs Racetrack in Sight
Churchill Downs Incorporated /CDI/ has recently released its first quarter financial report posting net revenue of $252.9 million, down 5% compared to Q1 in 2019. The company posted net loss for the quarter to the extent of $23.4 million, in total contrast with the $11.6 million profit generated the year before. Adjusted earnings before interest, […]
