Keyword: CDI

  • 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.

  • A vintage postcard of Ocean Downs

    CDI Eyes Maryland Presence With Ocean Downs

    Casino at Ocean Downs, a harness track on the Eastern Shore of Maryland, is in the process of being purchased by Churchill Downs Inc. and Saratoga Casino Holdings from Delaware Park owner William Rickman.

  • Phantom Dollars Flood Track's Double Pool

    A computer glitch linked to United Tote resulted in more than $100,000 in bogus wagers pouring into a daily double pool in late April at Plainridge Park, a Massachusetts Standardbred track.

  • 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 will host Kentucky Derby May 7

    NY OTBs, CDI Resume Rocky Simulcast Talks

    With the Kentucky Derby Presented by Yum! Brands (gr. I) fast approaching, New York's off-track betting corporations and Churchill Downs Inc. have resumed negotiations to end a bitter dispute over simulcast fees.

  • CDI Reports Increase in Earnings, Revenue

    Churchill Downs Inc. reported a 19% increase in net earnings for the third quarter of 2015 compared with the same three months last year, and attributed a 61% spike in net revenue for the quarter to Big Fish Games.

  • Churchill, Grayson-JC Fund Lasix Studies

    Churchill Downs announced Sept. 17 that it is working in partnership with other tracks, the Grayson-Jockey Club Research Foundation, and the AAEP to fund studies of the administration of furosemide.

  • New York OTBs, CDI at Odds Over Host Fees

    New York's five off-track betting corporations said they have cut ties with Churchill Downs Inc. and won't offer signals from tracks owned by the company or tracks that contract with CDI to sell their simulcast signals.

  • 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.

  • Materiality in the Florida Derby.
<br><a target="blank" href="http://photos.bloodhorse.com/AtTheRaces-1/At-the-Races-2015/i-wdS4cW8">Order This Photo</a>

    FL Derby Day Sets Handle Record

    Gulfstream Park had $27,255,863 in all-sources handle March 28, breaking its Florida Derby Day record of $26,820,951 that was set March 29, 2014.

  • The fence at Calder

    No Movement on Plans for Calder Barn Area

    Calder and Churchill Downs Inc. still have not applied for any of the permits required to tear down barns and put up new structures, the head of the development department for the city of Miami Gardens said.

  • Gulfstream to Build More Temporary Stalls

    Gulfstream Park plans to build an additional 200 temporary stalls for horses that are facing eviction from the stables at neighboring Calder Casino & Race Course, officials of the Florida HBPA said.

  • Sign posted on the fence with Jan. 1 deadline.

    Horses Not Evicted From Calder Just Yet

    Calder Casino & Race Course reportedly is considering an extension of its Jan. 1 eviction deadline for the approximately 300 horses that remain stabled in a recently fenced-in area of its barn area.

  • The fence at Gulfstream Park West.

    Commentary: 600 Horses With No Place to Live

    As many in the Thoroughbred industry are aware, there is an ongoing dispute regarding stabling at the track formerly known as Calder Race Course, now operating as Gulfstream Park West.

  • The fence at Calder

    New Calder Backside Fence Stirs Controversy

    Parent company Churchill Downs Inc., preparing to redevelop parts of Calder Race Course, has started on the backside by putting up a wire fence. Trainers are saying the fence is a safety hazard and hinders access to barns.

  • 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.

  • Artist rendering of the capital improvement project at Churchill Downs

    Churchill to Add Owner Suites for Derby, Oaks

    Churchill Downs announced plans for a $4.2 million capital improvement project Oct. 29 designed to upgrade accommodations for the Kentucky Derby Presented by Yum! Brands and Longines Kentucky Oaks (both gr. I).

  • 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.

  • Wester Named CDI VP of Government Relations

    Elizabeth Wester has been promoted to vice president of government relations for Churchill Downs Inc., and will be responsible for the development and implementation of the company's political and legislative strategies.

  • CDI Reports Record Second Quarter Revenues

    Churchill Downs Inc. reported July 30 that the track and casino company had record second quarter net revenues of $303.7 million, up 7% over the $283.6 million figure for the same period a year ago.

  • 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.

  • Gulfstream president Tim Ritvo

    Ritvo Details Gulfstream Plans

    A new era of South Florida Thoroughbred racing begins July 4 with Gulfstream Park and its parent The Stronach Group in control and feeling a new sense of independence.

  • Gulfstream Park

    Gulfstream to Add Summit of Speed Stakes

    Gulfstream Park in early July plans to run most if not all of the seven Summit of Speed sprint stakes that been scheduled for July 5 at neighboring Calder Casino & Race Course.

  • In Florida Deal, CDI Also Moves on From HRTV

    As part of agreement to have The Stronach Group take over racing operations at Calder Casino & Race Course, CDI announced May 28 that it will walk away from its involvement in HRTV as TSG will become sole owner.

  • Slots Revenue Issue in Gulfstream-Calder Plan

    A plan that would end the head-to-head weekend racing between Gulfstream Park and Calder Race Course remained under review by the tracks and by the Florida Horsemen's Benevolent and Protective Association as of May 12.

  • Fair Grounds Race Course

    LA Lawmakers Blast CDI But Defer Bill Action

    An official with Fair Grounds Race Course & Slots assured Louisiana lawmakers May 6 that owner Churchill Downs Inc. will make the improvements required under a conditional license it received from state racing commission.

  • Fair Grounds Generic

    Louisiana Grants One-Year License to CDI

    The Louisiana State Racing Commission April 29 granted a one-year conditional license to Churchill Downs Inc. for Fair Grounds. The company must provide a list of improvements to be made in the next 60 days.

  • Churchill Downs

    Churchill Outlines Equine Security Protocols

    Churchill Downs April 25 re-emphasized its annual enhanced security measures for horses competing in the Kentucky Derby and the ongoing safety and integrity measures included in its "Safety from Start to Finish" program.

  • 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.

  • Gulfstream Park

    Gulfstream-Calder Deal Could Be in Works

    Gulfstream Park and Calder Casino & Race Course reportedly are close to an agreement under which Gulfstream would lease Calder's racing operations and the two tracks would stop their head to head weekend racing.

  • Fair Grounds Generic

    Louisiana Puts More Pressure on Fair Grounds

    The Louisiana State Racing Commission has scheduled a special meeting for May 1 to consider the license Churchill Downs Inc. holds to operate Fair Grounds Race Course & Slots and a ring of OTB parlors with video poker.