Churchill Downs Inc. has acquired the assets of Bluff Media, an Atlanta-based multimedia poker content, brand and publishing company, it was announced Feb. 10. Terms of the sale were not disclosed.
Yesterday
A dispute between the Jockeys' Guild and Churchill Downs Inc. has been resolved with the racetrack operating company agreeing to a contract with the jockeys' organization.
Monday, January 23, 2012The California Horse Racing Board agreed Dec. 15 to extend the license of account wagering firm TwinSpires.com after receiving assurance that parent company Churchill Downs Inc. would meet with the Jockeys' Guild.
Thursday, December 15, 2011
The general counsel for Churchill Downs Inc. has issued a lengthy defense of the racetrack operating company's decision to not renew a contract with the Jockeys' Guild.
Tuesday, December 06, 2011
Churchill Downs, Inc. announced Dec. 5 that its board of directors has approved an annual dividend of 60 cents per share, up 20% over the 50 cent per share dividend that had been awarded in recent years.
Monday, December 05, 2011The decision by Churchill Downs Inc. to drop a longstanding insurance agreement with the Jockeys' Guild could have ramifications in California for the company's advance deposit wagering firm TwinSpires.com.
Thursday, November 17, 2011
Efforts by the Jockeys' Guild to persuade Churchill Downs Inc. to renew its contract entered another realm Nov. 14 when a petition signed by 240 jockeys was submitted to the CDI board of directors.
Monday, November 14, 2011The Jockeys' Guild wants Churchill Downs Inc. to come to the table to discuss reinstatement of roughly $330,000 the racing and gaming company has paid annually to support insurance for jockeys.
Saturday, November 05, 2011Churchill Downs Inc. reported net earnings from continuing operations of $19.7 million for the third quarter of 2011, up significantly from $3.7 million for the third quarter of 2010.
Wednesday, October 26, 2011
Churchill Downs Inc. said Oct. 21 it will move its corporate staff from Churchill Downs to building now under construction on the east side of Louisville, Ky., early next year.
Friday, October 21, 2011
Churchill Downs Inc., boosted by its online and gaming business segments, reported double-digit increases in the second quarter this year compared to 2010 numbers.
Wednesday, July 27, 2011
Churchill Downs Inc. and The Stronach Group have renewed their partnership in HRTV, the horse racing and equestrian-related network, through 2014.
Wednesday, July 20, 2011
Though there is no end in sight for the continued declines in North American racing, the newly elected chairman of Churchill Downs Inc. painted a positive picture for the Kentucky-based racetrack and gaming operator.
Thursday, June 16, 2011Alternative gaming in Illinois would be good for Arlington Park but could potentially have a negative impact on Kentucky, according to the chairman of Churchill Downs Inc.
Thursday, June 16, 2011
Churchill Downs Inc. expects continued growth in its online wagering business, and with a little help from the Illinois governor, expansion of its gaming operations.
Thursday, June 09, 2011With racing operations continuing to show losses at Churchill Downs Inc., company CEO Bob Evans said May 9 that it would be hard for CDI to justify capital expenditures on racetracks, except in special cases.
Tuesday, May 10, 2011
The night-time opening card of the spring meet and the success of Kentucky Derby week at Churchill Downs will likely result in a contribution of between $5-6 million in pre-tax earnings to the company's bottom line for 2011.
Tuesday, May 10, 2011
Churchill Downs Inc. reinforced its safety initiatives April 11 and said it plans to seek re-accreditation for its four racetracks through the National Thoroughbred Racing Association Safety and Integrity Alliance.
Monday, April 11, 2011The account wagering operation owned by Churchill Downs Inc. avoided losing its license to operate in California by reaching agreement with tracks in the state before a deadline expired March 18.
Friday, March 18, 2011
Churchill Downs Inc. plans to expand beyond pari-mutuel wagering should online gambling be legalized on the state or federal levels, company officials said March 15.
Tuesday, March 15, 2011
Churchill Downs Inc. reported net earnings from continuing operations of $19.6 million in 2010, up from $17.7 million for 2009.
Monday, March 14, 2011
Churchill Downs Inc. March 10 named Alan K. Tse executive vice president and general counsel for the Company. Tse will oversee all legal, corporate governance, and compliance matters for CDI.
Thursday, March 10, 2011Churchill Downs Inc. and Daily Racing Form are at odds over the publishing company's launch of an advance deposit wagering system powered by XpressBet.com, which is owned by CDI rival MI Developments.
Saturday, March 05, 2011
Churchill Downs Incorporated Foundation March 1 announced its first fundraising initiative, an online/e-mail auction of five Kentucky Derby and Oaks ticket packages.
Tuesday, March 01, 2011
During an event with political overtones, Churchill Downs Inc. introduced its renovated TwinSpires.com offices in Lexington Feb. 15 with a message: We'll invest in Kentucky as long as it remains horse capital of the world.
Tuesday, February 15, 2011
Churchill Downs Inc. president and chief executive officer Bob Evans said Dec. 7 there are reasons to be optimistic about the future of horse racing -- but not without major changes in the way the industry does business.
Tuesday, December 07, 2010Julie Koenig Loignon is returning as vice president of corporate communications for Churchill Downs Inc.
Thursday, November 11, 2010
Churchill Downs Inc. reported net earnings of $3.7 million for the third quarter of 2010, up considerably from a net loss of $1.2 million for the same period in 2009.
Thursday, November 04, 2010
Churchill Downs Inc. will terminate about 60 employees because of what it calls "redundancies" in its online betting operations.
Tuesday, October 05, 2010
Churchill Downs Inc. president and chief executive officer Robert Evans will give the keynote address at the 2010 University of Arizona Symposium on Racing & Gaming.
Monday, September 27, 2010MI Developments, among the largest dues-paying members of the National Thoroughbred Racing Association, committed to the organization for the first half of 2010 and will discuss its future involvement.
Sunday, August 22, 2010
The countdown to July 1 and long-awaited new Florida rules on slot machines and poker has ended for Calder Casino & Race Course and for Gulfstream Park.
Thursday, July 01, 2010
The ability of Churchill Downs Inc. to expand into online wagering, casino-type gaming, and entertainment offerings at its four racetracks has enabled the company to continue to grow.
Thursday, June 17, 2010
The National Thoroughbred Racing Association is moving on in the wake of the defection of Churchill Downs Inc. for at least this year.
Friday, June 04, 2010
Operating revenue for the National Thoroughbred Racing Association was down 45.2% in 2009 from 2008, but expenses were down 47.5% year-to-year, leading the organization to suggest it should have a balanced budget for 2010.
Tuesday, May 25, 2010
Churchill Downs Inc. and MI Developments said May 14 they will dissolve TrackNet Media Group, a company formed to address signal pricing and distribution.
Friday, May 14, 2010
CDI and Youbet.com extend the outside date for termination of their merger agreement, though merger still expected to close in second quarter of 2010
Tuesday, May 11, 2010The defection of Churchill Downs Inc. from the National Thoroughbred Racing Association won't impact Churchill Downs' hosting of this year's Breeders' Cup World Championships.
Monday, May 10, 2010
Churchill Downs Inc., operator of four major racetracks in the United States, has informed the National Thoroughbred Racing Association via letter it won't renew its membership for 2010.
Friday, May 07, 2010Youbet.com reported a small loss for the first three months of 2010, noting there would have been a similar gain if not for $1 million in expenses tied to its impending merger with Churchill Downs Inc.
Friday, May 07, 2010
A day after Churchill Downs Inc. issued a revenue report from the first quarter of 2010 officials analyzed the information and talked about what's in store for the future of the company.
Thursday, May 06, 2010
Churchill Downs Inc. reported that revenue from the newly opened Calder Casino and revenue growth at TwinSpires.com boosted net revenues from continuing operations to a record total of $75.1 million for 2010's first quarter.
Wednesday, May 05, 2010A lawsuit between Churchill Downs Inc. and a horsemen's group and some individuals over alleged antitrust violations has been settled between the parties.
Tuesday, April 27, 2010
Youbet.com shareholders voted to approve a merger agreement with Churchill Downs Inc., the company announced April 6.
Wednesday, April 07, 2010Churchill Downs Inc. chief operating officer Bill Carstanjen took part in the TV show Undercover Boss. The episode, filmed at Arlington Park and Calder Race Course last year, will air March 14.
Wednesday, March 10, 2010
During the first full month of operation, slot machines at Calder Casino & Race Course placed third in pre-tax revenue among the five pari-mutuel casinos in southeast Florida.
Tuesday, March 09, 2010
Churchill Downs Inc. reported a decline in net income for 2009, as well as a fourth-quarter loss for the year.
Tuesday, March 02, 2010
Churchill Downs Inc., which announced Nov. 11 plans to purchase Youbet.com and its United Tote subsidiary for about $126.8 million, is on the lookout for other prospective purchases in the area of Internet wagering.
Friday, November 13, 2009
TVG has reached an agreement with TrackNet Media Group that allows it to offer wagering on racing from Churchill Downs and Fair Grounds Race Course & Slots.
Sunday, November 01, 2009The president of Churchill Downs Inc. said he believes recent developments with the makeup of the Kentucky General Assembly are positive and could help lead to legalization of video lottery terminals at racetracks in the state.
Friday, October 30, 2009
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