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BloodHorse.com Articles for "Churchill Downs Inc"

Florida Simulcast of Oaks, Derby Seems Safe

Though Calder Casino & Race Course can't export its signal outside of Florida, the Florida HBPA indicated it doesn't expect other horsemen's groups to immediately pull their consent for signals to be sent to Calder.

 Friday, May 03, 2013

Illinois Senate Passes Gaming Expansion Bill

The legislation authorizes slots at the racetracks and five new casinos.

 Thursday, May 02, 2013

Rumor That Stronach is Buying Calder Denied

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
CDI Quarterly Net Revenues Increased

CDI Quarterly Net Revenues Increased

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, 2013
NYRA Contract with AmTote Approved

NYRA Contract with AmTote Approved

A New York regulatory panel has approved a new 10-year tote contract between the New York Racing Association and AmTote International. NYRA had been aligned with Churchill Downs Inc.'s United Tote.

 Monday, April 22, 2013

TwinSpires Launches Derby Bankroll Contest

TwinSpires.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, 2013

Internet Gambling Issues Add to Illinois Rift

The Illinois Thoroughbred Horsemen's Association believes recent overtures by Arlington Park to the Illinois Thoroughbred Breeders and Owners Foundation may be an end-around on proposed Internet gaming legislation.

 Friday, March 29, 2013

Churchill Adds Maine Casino to Portfolio

Churchill 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, 2013

OH Racetrack Developers Put Through Ringer

Companies 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, 2013

Churchill Monitors Online Gaming Landscape

Churchill'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, 2013

Strong Interest Shown in Churchill's Mansion

Churchill Downs Inc. reports strong early interest in premium seating, including the Mansion, for Kentucky Derby Presented by Yum! Brands (gr. I) and Kentucky Oaks (gr. I) weekend.

 Thursday, February 28, 2013

Churchill Downs Reports Record Net Revenues

Bolstered 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, 2013

Ohio Takes Stand on Racetrack Casino Plans

The Ohio State Racing Commission put racetrack casino developers on notice Jan. 10 when, at a hearing, members expressed strong displeasure with the racing aspects of the proposed Miami Valley Gaming and Racing facility.

 Thursday, January 10, 2013
Arlington Files Suit Over Simulcast Dates

Arlington Files Suit Over Simulcast Dates

In a lawsuit filed last month, Arlington Park contends the Illinois Racing Board acted improperly when it seized 18 simulcast host days and awarded them to rival Hawthorne Race Course.

 Tuesday, December 04, 2012
OH County Approves Racetrack Casino Plans

OH County Approves Racetrack Casino Plans

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
CDI Says It's Poised for Growth in 2013

CDI Says It's Poised for Growth in 2013

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, 2012

Churchill Rolls Out New Website Luckity.com

Churchill Downs Inc. hopes to improve returns for its already successful online segment while drawing new customers to pari-mutuel wagering with its new on-line wagering site Luckity.com.

 Friday, October 19, 2012

Churchill VP of Racing Richardson Leaving

Churchill 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, 2012

Gay New Churchill Downs Interactive President

James E. "Ted" Gay has been named president of Churchill Downs Interactive, Churchill Downs Inc. officials announced Oct. 8.

 Monday, October 08, 2012

Wide Impact Seen from Calder Stall Rent Plan

A plan to start charging rent for stalls during the non-racing season at Calder is leading to concerns among horsemen that some owners might permanently ship horses out of Florida and that some smaller stables could close.

 Wednesday, October 03, 2012

Mobile Ontrack Wagering Begins to Take Root

Racetracks are beginning to implement mobile wagering at their facilities with positive results, but officials said Oct. 3 they don't expect it to chase away tote machines and advance deposit wagering systems.

 Wednesday, October 03, 2012

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.

 Tuesday, September 25, 2012
CDI Files Suit Over Texas' Wagering Rules

CDI Files Suit Over Texas' Wagering Rules

Recent action by the Texas Racing Commission to enforce its ban on Internet and telephone wagering has resulted in a lawsuit filed by Churchill Downs Inc. and TwinSpires.com.

 Tuesday, September 25, 2012
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.

 Monday, September 24, 2012
Thomason Newest Member of NTRA Board

Thomason Newest Member of NTRA Board

Bill Thomason, who took over as president and chief executive officer at Keeneland Sept. 1, has been named to the National Thoroughbred Racing Association board of directors.

 Monday, September 24, 2012

TwinSpires.com Says Breach 'Remediated'

Customers 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

Churchill Increases Kentucky Downs Investment

Churchill 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
Racing, Online Wagering Drive CDI Profits

Racing, Online Wagering Drive CDI Profits

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

Plans Announced to Relocate Lebanon Raceway

Miami Valley Gaming & Racing, a joint venture of Delaware North Gaming & Entertainment and Churchill Downs Inc., announced plans July 26 to relocate harness track Lebanon Raceway in Ohio and install VLTs at the new facility.

 Thursday, July 26, 2012
Churchill Could Drop $50 Derby Ticket Fee

Churchill Could Drop $50 Derby Ticket Fee

Two executives with Churchill Downs indicated June 14 there is a good possibility the track will drop a controversial policy requiring a non-refundable $50 fee for those wanting tickets to the Kentucky Derby.

 Thursday, June 14, 2012
Calder Asked to Reconsider Rent Plan

Calder Asked to Reconsider Rent Plan

The Florida Horsemen's Benevolent and Protective Association is asking Calder Casino & Race Course to call off a plan to charge grooms and hot walkers rent to live in rooms in the track's barn area.

 Tuesday, May 29, 2012

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.

 Tuesday, May 08, 2012
Total Oaks Day Wagering Up By 6.5% to $39.9M

Total Oaks Day Wagering Up By 6.5% to $39.9M

Churchill Downs Inc. reported record total wagering for the 138th Kentucky Oaks (gr. I) day program of $39.9 million.

 Saturday, May 05, 2012
Churchill Downs to Build 'The Mansion'

Churchill Downs to Build 'The Mansion'

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, 2012
Casino, Online Betting Grow CDI Earnings

Casino, Online Betting Grow CDI Earnings

Churchill Downs Inc reported 19% growth in revenue for 2011 due largely to a Mississippi casino and online wagering.

 Monday, March 12, 2012

Lebanon Raceway Bought by Delaware North, CDI

Delaware 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, 2012

New TwinSpires.com Triple Crown Contest

TwinSpires.com, Churchill Downs Incorporated's advanced deposit wagering network, has launched the "Triple Crown Showdown" contest for its customers during the Triple Crown season.

 Monday, February 20, 2012

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.

 Friday, February 10, 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
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