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CDI Acquires Poker Content Firm Bluff Media

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.

 2 days ago

Three Charged in Kickback Scheme at Calder

The former track supervisor at Calder Race Course and Casino and two maintenance contractors are charged in an alleged scheme that stole millions of dollars from the Thoroughbred racetrack.

 Friday, February 03, 2012
Jockeys' Guild Seeks Contracts With Tracks

Jockeys' Guild Seeks Contracts With Tracks

On the heels of signing a contract with Churchill Downs Inc. that ended a protracted stalemate, the Jockeys' Guild is preparing to launch an initiative to get other tracks to enter into agreements with the organization.

 Tuesday, January 31, 2012
CDI, Jockeys' Guild Reach Agreement

CDI, Jockeys' Guild Reach Agreement

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, 2012

Study Projects $1.7B Benefit of KY Racinos

A study commissioned by a partnership of Kentucky horse racing interests shows that casinos at eight racetrack locations would have a first-year economic impact of $1.7 billion.

 Tuesday, January 17, 2012

TwinSpires Gets Short California Extension

The 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

Jockeys' Guild Seeks KY Legislative Support

The Jockeys' Guild has sent letters to Gov. Steve Beshear and the Kentucky General Assembly, asking that jockeys not be forgotten when the legislature considers any changes in the laws concerning the equine industry.

 Tuesday, December 13, 2011

Meyocks Offers to Meet With CDI Executives

A dispute between the Jockeys' Guild and Churchill Downs Inc. over a contract continued Dec. 7, with guild national general manager Terry Meyocks offering to meet with CDI representatives "any time and any place."

 Wednesday, December 07, 2011
Churchill Downs Inc. Increases Dividend

Churchill Downs Inc. Increases Dividend

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, 2011
Churchill Fall Meet Handle Declines

Churchill Fall Meet Handle Declines

Total wagering during the recently concluded 21-day fall meet at Churchill Downs fell 3.9%, with a large portion of the difference coming during the two-day Breeders' Cup World Championships.

 Thursday, December 01, 2011

CHRB Defers ADW Licenses Over Guild Insurance

The 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
Jockeys' Guild Submits Petition to Churchill

Jockeys' Guild Submits Petition to Churchill

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, 2011

Guild Wants CDI to Renew Insurance Deal

The 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, 2011

CDI Reports Substantial Jump in Earnings

Churchill 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
CDI Corporate Staff Will Move in 2012

CDI Corporate Staff Will Move in 2012

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

CDI Will Not Renew Jockeys' Guild Contract

Churchill Downs Inc. does not plan to renew its agreement with the Jockeys' Guild when the four-year pact at the four CDI-owned tracks ends at the end of this year.

 Thursday, September 15, 2011
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.

 Wednesday, July 27, 2011
CDI, Stronach Group Extend HRTV Partnership

CDI, Stronach Group Extend HRTV Partnership

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

KY Tracks Wait-and-See on Instant Racing

Regulations governing Instant Racing in Kentucky apparently will be on the books July 1, but there won't be a rush by racetracks to move forward on implementing the games.

 Tuesday, June 28, 2011
Churchill Night Racing to Benefit Charities

Churchill Night Racing to Benefit Charities

The Churchill Downs Incorporated Foundation has unveiled 'Pony Up For Charity,' a new charitable initiative which will be offered at the next three "Downs After Dark" night racing events at the flagship track.

 Wednesday, June 22, 2011
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.

 Thursday, June 16, 2011

Evans: Illinois Slots a 'Two-Edged' Sword

Alternative 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
CDI Poised for Online Betting, Gaming Growth

CDI Poised for Online Betting, Gaming Growth

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, 2011

Casino, Online Businesses Boost CDI Numbers

With 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
Derby Week Boosts Churchill's Earnings

Derby Week Boosts Churchill's Earnings

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
CDI Reinforces Safety for Upcoming Meets

CDI Reinforces Safety for Upcoming Meets

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, 2011
Carstanjen Promoted to CDI President

Carstanjen Promoted to CDI President

Churchill Downs Incorporated announced March 21 that William C. Carstanjen, currently the company's chief operating officer, has been promoted to company president, effective immediately.

 Monday, March 21, 2011

Twinspires Avoids Loss of California License

The 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
Evans: CDI Prepared for Internet Gambling

Evans: CDI Prepared for Internet Gambling

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
Gaming, Online Sectors Help CDI Bottom Line

Gaming, Online Sectors Help CDI Bottom Line

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

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.

 Saturday, March 05, 2011

KY Bill to Regulate ADW Providers Progresses

Legislation calling for state licensing of advance deposit wagering companies advanced March 2 as Kentucky lawmakers try to get a handle on the fast-growing operations.

 Thursday, March 03, 2011

Fla. Dates: Still Plenty of Questions

Analysis: Gulfstream/Calder resolution opens door for more questions regarding the future of racing in South Florida.

 Tuesday, March 01, 2011
South Florida Dates Altered; Overlap Avoided

South Florida Dates Altered; Overlap Avoided

Gulfstream Park and Calder Casino & Race Course have selected schedules that will have Gulfstream rather than Calder holding races through most of December 2011, with no overlap of dates.

 Tuesday, March 01, 2011
CDI: We'll Invest, But KY Must Remain Strong

CDI: We'll Invest, But KY Must Remain Strong

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
Yum! Brands to Sponsor Derby Thru 2015

Yum! Brands to Sponsor Derby Thru 2015

Churchill Downs, Yum! Brands announce deal Jan. 13 to extend the sponsorship agreement for five years.

 Thursday, January 13, 2011
Calder Says It Will Race Year-Round

Calder Says It Will Race Year-Round

Calder Casino & Race Course has gone on the offensive in southeast Florida's battle over racing dates by telling state regulators it intends to start racing year-round.

 Saturday, January 08, 2011
Gulfstream Applies for December Dates

Gulfstream Applies for December Dates

In a move that sets up a possible battle with Calder Casino & Race Course over racing dates, Gulfstream Park has told the Florida Division of Pari-Mutuel Wagering that it plans to hold racing in December 2011.

 Saturday, January 01, 2011
CDI Announces Annual Dividend

CDI Announces Annual Dividend

Churchill Downs Inc. has announced an annual dividend of 50 cents per share on CDI's common stock, payable Jan. 24, 2011, to stockholders of record on Dec. 31, 2010.

 Monday, December 20, 2010
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.

 Tuesday, December 07, 2010

Koenig Loignon to Handle CDI Communications

Julie Koenig Loignon is returning as vice president of corporate communications for Churchill Downs Inc.

 Thursday, November 11, 2010
Strong Third Quarter Overall for Churchill

Strong Third Quarter Overall for Churchill

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
Harris to Direct Churchill Downs Foundation

Harris to Direct Churchill Downs Foundation

Churchill Downs Incorporated announced Oct. 18 that Liz Harris will become vice president and executive director of the Churchill Downs Incorporated Foundation, effective Oct. 25.

 Monday, October 18, 2010

Petrillo Named Arlington Park GM

Tony Petrillo has been promoted to general manager of Arlington Park.

 Wednesday, October 13, 2010
Arnold Resigns as Arlington President

Arnold Resigns as Arlington President

Roy Arnold has resigned as president of Arlington Park and its OTB affiliates, Churchill Downs Inc. announced Oct. 11.

 Monday, October 11, 2010
CDI to Terminate About 60 Online Employees

CDI to Terminate About 60 Online Employees

Churchill Downs Inc. will terminate about 60 employees because of what it calls "redundancies" in its online betting operations.

 Tuesday, October 05, 2010
Evans to Give Keynote Address at Symposium

Evans to Give Keynote Address at Symposium

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, 2010
Churchill Buys Mississippi Casino for $138M

Churchill Buys Mississippi Casino for $138M

Churchill Downs Incorporated has entered into an agreement to acquire Harlow's Casino Resort & Hotel, in Greenville, Miss., for approximately $138 million

 Monday, September 13, 2010

MID Pays First Half Dues to NTRA

MI 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

Changes in CA Bill Trigger Track Opposition

A bill that would not only increase takeout on exotic wagers in California but also introduce "exchange wagering" to the state has drawn opposition within the racing industry.

 Saturday, August 21, 2010
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