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Churchill to Acquire Riverwalk Casino, Hotel

Churchill 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.

Flanery Explains Derby Qualifying Changes

The 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.

Two Kentucky Tracks in Legal Dispute

Two Kentucky Tracks in Legal Dispute

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.

PNGI: Status Quo on Ohio Tracks for Now

Penn 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.

CDI Net Revenues Rise 16%

CDI Net Revenues Rise 16%

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.

Diversification Drives CDI's Success

Diversification Drives CDI's Success

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.

Market Competitor Doesn't Sit Well With CDI

Churchill 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.

Evans: Optimism, But Not Without Changes

Evans: Optimism, But Not Without Changes

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.

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