Keyword: CDI

  • Market Competitor Doesn't Sit Well With CDI

    Churchill Downs Inc. and Daily Racing Form are at odds over the publishing company's launch of an advance deposit wagering system powered by XpressBet.com, which is owned by CDI rival MI Developments.

  • CDI: We'll Invest, But KY Must Remain Strong

    During an event with political overtones, Churchill Downs Inc. introduced its renovated TwinSpires.com offices in Lexington Feb. 15 with a message: We'll invest in Kentucky as long as it remains horse capital of the world.

  • Robert Evans

    Evans: Optimism, But Not Without Changes

    Churchill Downs Inc. president and chief executive officer Bob Evans said Dec. 7 there are reasons to be optimistic about the future of horse racing -- but not without major changes in the way the industry does business.

  • MID Pays First Half Dues to NTRA

    MI Developments, among the largest dues-paying members of the National Thoroughbred Racing Association, committed to the organization for the first half of 2010 and will discuss its future involvement.

  • NTRA president and chief executive officer Alex Waldrop

    NTRA: Balanced Budget, Board Changes in Works

    Operating revenue for the National Thoroughbred Racing Association was down 45.2% in 2009 from 2008, but expenses were down 47.5% year-to-year, leading the organization to suggest it should have a balanced budget for 2010.

  • CDI, Youbet.com Merger Date Extended

    CDI and Youbet.com extend the outside date for termination of their merger agreement, though merger still expected to close in second quarter of 2010

  • CDI Won't Renew NTRA Membership for 2010

    Churchill Downs Inc., operator of four major racetracks in the United States, has informed the National Thoroughbred Racing Association via letter it won't renew its membership for 2010.

  • Youbet.com Reports Small First-Quarter Loss

    Youbet.com reported a small loss for the first three months of 2010, noting there would have been a similar gain if not for $1 million in expenses tied to its impending merger with Churchill Downs Inc.

  • The Calder Casino celebrated the Derby with a Kentucky Derby slot machine.

    Calder Casino, TwinSpires.com Boost CDI

    Churchill Downs Inc. reported that revenue from the newly opened Calder Casino and revenue growth at TwinSpires.com boosted net revenues from continuing operations to a record total of $75.1 million for 2010's first quarter.

  • '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.

  • Calder Casino and Race Course

    Calder Casino Gets Off to Modest Start

    During the first full month of operation, slot machines at Calder Casino & Race Course placed third in pre-tax revenue among the five pari-mutuel casinos in southeast Florida.

  • CDI 'Well-Positioned' to Make Other Deals

    Churchill Downs Inc., which announced Nov. 11 plans to purchase Youbet.com and its United Tote subsidiary for about $126.8 million, is on the lookout for other prospective purchases in the area of Internet wagering.

  • CDI's Evans: Some Progress in Kentucky

    The president of Churchill Downs Inc. said he believes recent developments with the makeup of the Kentucky General Assembly are positive and could help lead to legalization of video lottery terminals at racetracks in the state.

  • Churchill Downs Night Racing.

    Churchill Downs to Install Permanent Lights

    Based on a review of its experimental three night racing cards during the spring meet, Churchill Downs Inc. announced Sept. 28 it will install permanent lights at its flagship racetrack in Louisville.

  • CDI president and CEO Robert Evans

    Evans Cites Benefits of Non-Racing Ventures

    While Churchill Downs Incorporated will continue to focus on racing as its primary business, its ability to expand into more profitable ventures such as alternative gaming and concerts will be key to future growth.

  • Toe Grabs Banned at CDI Tracks

    Churchill Downs Inc., has implemented a new horseshoe policy at its four racetracks that bans the use of toe grabs greater than two millimeters. The new policy is effective immediately.

  • Calder Race Course has won the right to install slot machines.

    Slots Revenue Agreement OK'd for Calder

    Churchill Downs Inc. and the Florida Thoroughbred Breeders and Owners Association announced Sept. 10 that they have reached an agreement on a contract for future slot machine revenue at CDI-owned Calder Race Course.

  • Calder Slots Deal Signed by CDI, FTBOA

    Churchill Downs Inc. and the Florida Thoroughbred Breeders and Owners Association announced on Sept. 10 that they have reached an agreement on a contract for future slot machine revenue at CDI-owned Calder Race Course.

  • Churchill Downs

    Churchill Makes Deep Cut in Fall Stakes

    Blaming a decline in purse money earned earned from wagering sources during its 2008 spring meet, Churchill Downs Racetrack has slashed its stakes program for the upcoming fall meet by $975,000 through purse reductions in 11 stakes races and the elimination of two others.

  • MEC Working With THG on Pricing Model

    Magna Entertainment Corp., in a statement issued the evening of Aug. 28, acknowledged it is having discussions with the Thoroughbred Horsemen's Group on what company chairman Frank Stronach called "a new framework" for pari-mutuel economics.

  • Randall E. Soth

    Fair Grounds President Soth Resigns

    Churchill Downs Inc. announced Aug. 14 that Randall Soth, who since September 2004 has served as president of Fair Grounds Race Course & Slots in New Orleans, is leaving CDI to pursue other career interests.

  • Calder Race Course has won the right to install slot machines.

    New Boss at Calder Among CDI Changes

    Churchill Downs Inc. has appointed Ted Nicholson to oversee operations at Calder Race Course on an interim basis, one day after CDI implemented a company-wide personnel overhaul.

  • Calder Paddock and Grandstand

    Group Thanks Calder Horsemen for Effort

    The Florida Horsemen's Benevolent and Protective Association issued a statement July 8 thanking Calder horsemen who "took the full brunt" of purse cuts during a 2 1/2-month dispute with track owner Churchill Downs Inc.

  • Shippers Target 'Summit of Speed' Races

    Calder Race Course posted entries July 7 for its July 12 Summit of Speed, a card with a quartet of six-furlong graded stakes that has become the highlight of the year at the South Florida track.