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Gulfstream Park officials said April 25 that there is no truth to rumors that its parent The Stronach Group has reached an agreement to buy Calder Casino & Race Course from its parent Churchill Downs Inc.
Thursday, April 25, 2013
Churchill Downs Inc. reported net revenues from continuing operations for the first quarter of 2013 increased 7% to $148.1 million from $138.2 million during the same period a year ago.
Thursday, April 25, 2013TwinSpires.com, the official advance deposit wagering service for Churchill Downs Incorporated, is giving 150 players a chance to win a $500 betting bankroll for Kentucky Derby Day.
Friday, April 05, 2013Churchill Downs Inc. announced it has entered into a definitive purchase agreement to acquire Oxford Casino in Oxford, Maine, for total consideration of approximately $160 million to be paid in cash.
Friday, March 29, 2013Companies that plan to construct new racetrack gaming facilities in Ohio have been summoned to appear before the Ohio State Racing Commission for a third time March 27.
Friday, March 22, 2013Churchill's experience in operating an ADW and working with state regulators could prove useful as it attempts to expand its Internet gambling operations.
Thursday, February 28, 2013Bolstered by strong numbers during Kentucky Derby week, strength in its online wagering business, and acquisition of a new casino, Churchill Downs Inc. reported record $732.4 million in net revenues in 2012.
Thursday, February 28, 2013Churchill Downs is among the growing number of publicly traded companies that have accelerated payment of dividends to get ahead of probable increased tax rates next year.
Wednesday, November 21, 2012
The Warren County, Ohio, government Nov. 13 approved plans by Churchill Downs Inc. and Delaware North to build a racetrack casino that would replace Lebanon Raceway.
Wednesday, November 14, 2012
Churchill Downs Inc. officials said Nov. 6 the company had a "decent" third quarter in 2012 and is poised for growth in 2013-14.
Tuesday, November 06, 2012Churchill Downs Inc. announced Oct. 19 that Senior Vice President of Racing Donnie Richardson will leave the company at the end of the year.
Friday, October 19, 2012Churchill Downs Incorporated has agreed to acquire Riverwalk Casino and Hotel in Vicksburg, Miss., for total consideration of approximately $141 million, to be paid in cash, the company announced Oct. 5.
Saturday, October 06, 2012The decision to revise the qualifying process for the Kentucky Derby Presented by Yum! Brands (gr. I) was a track decision and was not submitted to the Churchill Downs, Inc. board for approval, president Kevin Flanery said.
Tuesday, September 25, 2012
Churchill Downs Inc. has filed suit against the entities that have majority ownership of Kentucky Downs, contending the defendants breached their agreement with CDI by converting debt securities into equity.
Monday, September 24, 2012Customers continue to receive letters from TwinSpires.com informing them of an early August security breach that allowed access to basic personal information.
Wednesday, September 12, 2012
Calder Casino & Race Course will open its annual Tropical Meet on Sept. 1, and over its 65 race days will have six graded stakes and 15 other stakes with purses of $100,000 or higher.
Friday, August 31, 2012Churchill Downs Inc. has invested at least an additional $1 million in Kentucky Downs, the track in South Central Kentucky that has reaped millions in revenues from Instant Racing machines introduced last fall.
Wednesday, August 08, 2012
Due primarily to increased business Kentucky Derby week and continued growth at TwinSpires.com, Churchill Downs Inc. reported an 8% increase in net revenues from continuing operations for the second quarter of 2012.
Tuesday, August 07, 2012
The success of this year's Kentucky Derby Presented by Yum! Brands (gr. I) and Kentucky Oaks (gr. I) shows there is continued demand for quality racing that combines entertainment, according to CDI chairman and CEO Bob Evans.
Thursday, June 14, 2012Penn National Gaming Inc., which owns two racetracks in Ohio, said it will run full live racing schedules at both tracks for the rest of this year and possibly next year depending on resolution of a legal challenge.
Tuesday, May 08, 2012
Churchill Downs Inc. reported net earnings of $1.4 million in the first quarter of 2012, a reversal from a $3.2 million loss during the first three months of 2011.
Tuesday, May 08, 2012
Calling it a "tease" with details to follow later, Churchill Downs Inc. chairman and CEO Robert Evans said March 13 the company plans to construct "The Mansion" at its flagship track in Louisville.
Tuesday, March 13, 2012Delaware North Companies Gaming & Entertainment and Churchill Downs Inc. announced March 1 their joint venture to purchase Lebanon Raceway in Lebanon, Ohio, and develop a new video lottery terminal facility.
Thursday, March 01, 2012Churchill 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.
Friday, February 10, 2012
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.
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