A June 6 meeting of horsemen's associations from around the country produced constructive dialogue and could lead to a regular exchange of information, officials said.
Churchill Downs has appointed Stacey Meier to serve as the track's director of marketing. The native of Fort Wayne, Ind., most recently served as director of marketing for the Churchill Downs Simulcast Network, a post she had held since 2003.
Andrew Skehan, who previously served as Churchill Downs Inc.'s chief marketing officer, has been named the company's chief operating officer. He will assume his new position immediately and report directly to CDI's president and chief executive officer Thomas Meeker.
The pari-mutuel industry April 9 officially acknowledged an initiative designed to upgrade the infrastructure of wagering systems and improve security and network capabilities.
An ambitious strategic plan Churchill Downs Inc. hopes to accomplish in 2004, which president Tom Meeker said will "change the culture of our company," includes a major customer service initiative, increased branding of the company's assets, and possibly even a company-owned account-wagering platform.
Representatives of the Churchill Downs Simulcast Network and the Southern Racing Cooperative approved a new agreement Oct. 19 to allow the export of CDSN racing signals to SRC member racetracks. Terms were not disclosed.
The simulcasting of Churchill Downs Simulcast Network signals from Calder Race Course, Churchill Downs, Hollywood Park and Hoosier Park has resumed at Lone Star Park after a five-day hiatus. A verbal agreement was reached between Lone Star Park and CDSN Wednesday morning, shortly after Lone Star withdrew from the Southern Racing Cooperative.
Lone Star Park has ended its relationship with the Southern Racing Cooperative due to a possible conflict of interest in the future.
The Southern Racing Cooperative, currently in a dispute with the Churchill Downs Simulcast Network over fees charged for signals, said Nov. 17 it has been approached by 10 racetracks that want to join the organization.
In apparent reaction to an impasse in negotiations between the Southern Racing Cooperative and Churchill Downs Simulcast Network over the Hollywood Park signal, CDSN has ceased sending any of its simulcasting signals to the racing cooperative's member tracks.
Indiana Downs, located less than an hour from Hoosier Park, has reached a deal with the Churchill Downs Simulcast Network to import the May 3 Kentucky Derby, as well as signals from other CDSN tracks. Terms of the agreement weren't released.
The Mid-Atlantic Cooperative and the Churchill Downs Simulcast Network continued negotiations April 24 in the wake of a standoff that threatens simulcast of the May 3 Kentucky Derby to wagering outlets in the Mid-Atlantic region.
Hollywood Park officials expect the California Horse Racing Board to quickly approve wagering security steps announced earlier by its parent company, Churchill Downs, Inc., including a requirement to close all mutuel pools one minute before horses are loaded into the starting gate for each race.
Churchill Downs Inc. hit a couple financial records during its second quarter due to record wagering on Kentucky Derby and Kentucky Oaks days, additional racing days, and growth in its simulcast network.
Churchill Downs Inc. hit several financial records during its second quarter due to record wagering on Kentucky Derby and Kentucky Oaks days, additional racing days, and growth in its simulcast network.
Churchill Downs Inc., through its simulcasting network, has created a pick 4 linking four races at four of the tracks under the Churchill ownership umbrella, starting on June 22.
Churchill Downs is setting up its simulcasting operations as a separate operating unit within the corporation.
Hoosier Park broke a record for all-sources handle during its 70-day meet that ended Dec. 3, but also reported declines in on-track handle, attendance, purses, and starters per race.
Churchill Downs reported Tuesday that first quarter revenues rose 22 percent to $31.7 million, compared with $25.9 million for the same period last year. The company reported a net loss of $11.0 million, or 84 cents per share on 13.0 million average shares outstanding, compared with a net loss of $8.8 million, or 89 cents per share on 9.9 million average shares outstanding, in the first quarter of 2000. Weakness in the economy has affected the simulcasting handle, but improvements in the Churchill Downs Simulcasting Network's marketing and presentation could offset the losses.
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