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Turfway's Polytrack Installation On Schedule

Turfway Park president Bob Elliston said he expects the Kentucky racetrack's new Polytrack surface to be ready for horses to train on by mid-August, when trainers are expected to begin arriving for the fall meet that begins Sept. 7.

Churchill Downs Participating in National Gaming Conference

Churchill Downs is one of 70 leading public and private companies asked to do a presentation before investors Wednesday morning at the 11th Annual CIBC World Markets Gaming, Lodging, and Leisure Conference in New York City.

Gtech Reports 38% Gain in Third Quarter Earnings

Gtech Holdings, a co-owner of Turfway Park and lottery system operator, reported Monday an 18% increase in fiscal third-quarter profits due to the sale of terminals and software to the United Kingdom. Net income rose to $21.6 million, or 73 cents a share, in the three months ending Nov. 24 from $18.3 million, or 53 cents a share, a year earlier.

Gtech Earnings Fall for Fourth Quarter

Gtech, one of the county's largest lottery company and a one-third owner of Turfway Park, reported declines in earnings per share for its fourth quarter and fiscal year ending Feb. 24. Fourth quarter earnings fell 13.8% to 75 cents per diluted share, and earnings for the fiscal year dropped 51.5% to $1.25 per diluted share.

Gtech to cut 80 jobs

Gtech, a lottery company and co-owner of Turfway Park, announced today it was eliminating jobs as part of a large cut in operating expenses.

Gtech's Third Quarter Earnings Fall 20%

The major international lottery company said further cuts and asset sales can be expected in the next quarter. One of those assets could be the company's one-third interest in Turfway Park.

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