Keyword: CDI

  • 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.

  • TwinSpires.com Suspends Taking Bets in Texas

    TwinSpires.com announced that it is suspending wagering activity from Texas residents effective Sept. 25, following the dismissal of a federal lawsuit in which it challenged that state's ban on Internet gambling.

  • Calder's Share of Host-Track Market Declines

    Two recent reports show that Tampa Bay Downs and Gulfstream Park are making big inroads into Florida's lucrative host-track simulcast market., while host revenue for Calder fell by $5.1 million in this year's second quarter

  • 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.

  • Churchill to Acquire Riverwalk Casino, Hotel

    Churchill Downs Incorporated has agreed to acquire Riverwalk Casino and Hotel in Vicksburg, Miss., for total consideration of approximately $141 million, to be paid in cash, the company announced Oct. 5.

  • 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.

  • 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.

  • 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.

  • 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.

  • CDI chairman and CEO Bob Evans

    Evans: Continued Demand for Quality Racing

    The success of this year's Kentucky Derby Presented by Yum! Brands (gr. I) and Kentucky Oaks (gr. I) shows there is continued demand for quality racing that combines entertainment, according to CDI chairman and CEO Bob Evans.

  • 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.

  • Churchill Downs

    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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • CDI chairman Bob Evans

    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.

  • 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.

  • Churchill Downs

    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.

  • 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.