Keyword: Bill Carstanjen

  • Kentucky Derby week revenue increased this year

    CDI Reports 27% Increase in Net Income

    Continued growth in the week leading up to the Kentucky Derby Presented by Yum! Brands (gr. I) fueled an increase in earnings for the racing segment of Churchill Downs Inc. in the second quarter of 2016.

  • Churchill Downs is preparing for Kentucky Derby week

    CDI Reports Productive First Quarter

    In advance of what it anticipates will be another successful Kentucky Derby (gr. I) week, Churchill Downs Inc. April 28 reported net income of $2.8 million for the first quarter of 2016.

  • Churchill Downs Stock Price Soars

    A day after Churchill Downs (CHDN) reported record second-quarter earnings, the company's stock price soared July 30 on the NASDAQ, setting a record high and closing up 5.55%.

  • CDI Reports Record $194.3M in Derby Day Bets

    All-sources pari-mutuel handle on the 13-race Kentucky Derby Presented by Yum! Brands (gr. I) program May 2 totaled a record $194.3 million, up 4% from $186.6 million in 2014, Churchill Downs Inc. said.

  • Churchill Downs Inc. Looking Forward to Derby

    After a record-breaking first quarter for Churchill Downs Inc., company officials expect more good news as one executive predicts record revenues from Kentucky Derby Presented by Yum! Brands (gr. I) week.

  • CDI, Gaming Distributor Announce Merger

    Churchill Downs Inc. and Big Fish Games, one of the largest producers and distributors of mobile and online games, said Nov. 12 they have entered into a merger agreement under which CDI will acquire all of Big Fish's stock.

  • Record Third Quarter Earnings for Churchill

    Churchill Downs Inc. reported Oct. 29 record adjusted earnings for the third quarter for the racetrack and casino owner. Third quarter adjusted earnings (EBITDA) reached $32.2 million, up 1% from last year's third quarter.

  • Churchill Increases Dividend to $1

    Churchill Downs Inc. announced Oct. 28 an annual dividend of $1 per outstanding share, a 15% increase over prior year, on CDI's common stock, payable Jan. 7, 2015, to shareholders of record Dec. 5, 2014.

  • Saratoga Casino and Raceway

    CDI Gets 5-Year Contract with Saratoga Casino

    Churchill Downs is finalizing a five-year contract to manage the Saratoga Casino and Raceway and another casino in Colorado owned by Saratoga Harness Racing Inc. CDI is pursuing a 25% equity stake in Saratoga Harness Racing.

  • CDI: Next Gaming Push in KY Likely for 2016

    Churchill Downs Inc., which spent $600,000 in the first quarter of this year on another failed bid for casino gambling in Kentucky, believes the next opportunity to makes its case will come in 2016.

  • 2013 Kentucky Derby winner Orb<br><a target="blank" href="http://photos.bloodhorse.com/TripleCrown/2013-Triple-Crown/Kentucky-Derby-139/29213460_Rcqkd4#!i=2493507617&k=b9hVvb3">Order This Photo</a>

    Derby and Oaks Bright Spots for Churchill

    Once again, the success of the Kentucky Derby Presented by Yum! Brands and Longines Kentucky Oaks were the rare brights spots within the racing sector when Churchill Downs Inc. reported record revenues for 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.

  • An artist's rendering of the new gaming and racing facility expected to open in the first quarter of 2014.

    Miami Valley Gaming Finalizes Lebanon Sale

    Miami Valley Gaming & Racing, a joint venture of Delaware North Companies Gaming & Entertainment and Churchill Downs Incorporated, has completed its purchase of the harness racing assets held by Lebanon Raceway in Ohio.

  • 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.

  • 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.

  • 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.

  • 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.

  • 'Undercover' Churchill COO Gets TV Time

    Churchill Downs Inc. chief operating officer Bill Carstanjen took part in the TV show Undercover Boss. The episode, filmed at Arlington Park and Calder Race Course last year, will air March 14.