Racing, wagering and entertainment business Churchill Downs Incorporated (CDI) released today the financial results for the second quarter of 2022 posting increases in revenue and income. Double Digit Revenue Growth CDI registered in Q2 2022 net revenue of $582.5 million, up 13% as compared to $515.1 million in the second quarter of 2021. The company […]
Churchill Downs Incorporated, a major racetrack and betting company, has opted to invest $200 million in a major makeover of the Paddock area at the Churchill Downs Racetrack. The Paddock Area Will Rock a New Look Churchill Downs’ namesake venue is its most important racetrack which is why the company will waste no money or […]
The famous horseracing, casino, and betting brand Churchill Downs Incorporated has moved to expand its business with the acquisition of a poker room in New Hampshire. The location in question is the Chasers Poker Room in Salem – a charity gambling venue. Churchill Downs to Acquire Chasers Poker Room This move comes in the wake […]
The horseracing brand Churchill Downs will shut down its online sports betting and iGaming business after it failed to produce favorable results. According to the company, its offerings will gradually be scaled down over the next six months. Churchill Downs Gives Up on Online Betting The decision comes in the wake of Churchill Downs’ Q4 […]
Earlier this week, Churchill Downs Incorporated announced that its SVP of gaming operations Austin Miller will retire. Austin Miller to Retire from Churchill Downs in March Churchill Downs Incorporated (CDI) said on Thursday that Austin Miller, who served as the company’s SVP of gaming operations for 8 years will retire. His retirement is effective as […]
Churchill Downs Inc. is altering its Terre Haute casino development plans as the gaming company wants to rezone the property on west-central Indiana city’s east side. CDI applied for rezoning the $240-million property on Monday. CDI Was the Only Company That Didn’t Want the Casino to Be On the East Side Back in November, Churchill […]
With sports betting still gaining ground in the US, Churchill Downs Inc. (CDI) isn’t going to leave anything to chance. The company announced last Friday that Ben Murr was named President of TwinSpires and Online Gaming, losing the “interim” tag that had been part of his title. He will be responsible to oversee the operations […]
Bob Baffert, a US Hall of Fame trainer spoke to the New York Times and threatened to sue Churchill Downs due to the fact that the organization handed him a ban after his horse, Medina Spirit, failed drug tests and is not eligible to run this year. Churchill Downs is Planning to File a Countersuit […]
Last week, rumors surfaced that Churchill Downs was considering selling its TwinSpires Racing division. One market observer believes that a familiar name could make a bid. Brian Lichtor, a Roundhill Investments analyst, believes it is likely that TwinSpires will mention Fanatics as a potential suitor. He cites Fanatics’ well-known wagering ambitions. Fanatics Looks For Larger […]
Medina Spirit, trained by Bob Baffert, was the big winner of the Kentucky Derby in May this year. Following the hype of the win, a urine sample of the colt tested positive for the anti-inflammatory drug betamethasone. Betamethasone is a legal drug that is not allowed during races. Following the positive test, Medina Spirit’s win […]
