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Industry
August 9, 2024
Churchill Downs Floods Northern Virginia Residents With The Rose Ads
At the end of February, Nasdaq-listed Churchill Downs Incorporated announced it received approval from the Town of Dumfries to open Phase One of The Rose Gaming Resort (The Rose) with 1,650 historical racing machines (HRMs), 500 more than the original plan. The $460-million gaming resort, which was scheduled to open 25 miles south of Dumfries […]
Sports
April 10, 2024
Historical Horse Racing Revenue Growth Undervalued, Says JMP
Historical horse racing (HHR) machines offer a form of gambling entertainment that enables fans to place wagers on recorded horse races. For years, the activity has been expanding its reach, although it remains significantly less popular when compared to sports wagering which is available in nearly 40 US states. Currently, there are several states that […]
Industry
February 22, 2024
CDI Plans to Open Owensboro Racing & Gaming Early in 2025
Churchill Downs’ parent company, Churchill Downs Incorporated (CDI), announced Wednesday plans regarding its newest historical racing machines (HRMs) entertainment venue. The new HRMs entertainment outlet, Owensboro Racing & Gaming, would represent the company’s seventh such location in Kentucky. Owensboro Racing & Gaming will be located in eastern Daviess County and will use approximately 20 acres […]
Sports
December 20, 2022
Churchill Downs to Acquire Exacta Systems in a $250M Deal
On Monday, Churchill Downs Incorporated revealed it has come to a definitive agreement to acquire in full the outstanding interests in Exacta Systems, a leading provider of solutions and technology used for operating historical horse racing (HHR) businesses. Churchill Downs to Acquire Remaining Interest in Exacta The newly announced definitive agreement has a price tag […]
Business
September 27, 2022
Churchill Downs Finalizes Acquisition of Ellis Park for $79M
The industry-leading racing, online betting and gaming entertainment company, Churchill Downs Incorporated, announced it finalized an important acquisition. CDI Finalizes Takeover of Ellis Park The company revealed Monday it completed the takeover of Ellis Park Racing and Gaming, located in Henderson, Kentucky in a deal completed in cash consideration of $79 million. The new acquisition will further boost […]
Casino
August 29, 2022
HHR Venues to Open in Kentucky as the Vertical Grows
Historical Horse Racing continues to enjoy a lot of popularity in Kentucky. Seeing the popularity HHR has in the state, two companies have decided to open new HHR venues. Kentucky Bettors Adore HHR Machines HHR machines are slot-like machines that use data from horse races to determine the outcome of a player’s bet. These machines […]
