Keyword: Churchill Downs Inc.

  • 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.

  • 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.

  • Handle Declines at Churchill-Owned Tracks

    Despite an increase in racing days during the first six months of this year, total pari-mutuel handle at Churchill Downs, Inc.-owned tracks fell 9.7%, from $1.06 billion in 2013, to $958.3 million.

  • 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.

  • Calder Casino and Race Course

    Approval of Florida Dates Deal Seems Imminent

    A report that Calder Casino & Race Course is preparing to close its poker room could be an indication that Calder and South Florida neighbor Gulfstream Park will soon receive state approval for their deal on racing dates.

  • The first day of the Gulfstream summer meet is July 1.

    Gulfstream-Calder Overlap to Continue for Now

    Gulfstream Park and Calder Casino & Race Course are heading into the June 27-29 weekend they hoped would be their last with head-to-head racing, and it appears both will continue racing through at least early July.

  • Gulfstream Park

    Gulfstream Sets Dates for Summit Substitutes

    Gulfstream Park has released its stakes schedule for July through early October, including seven races that are substitutes for stakes that had been scheduled for Calder Casino & Race Course's Summit of Speed on July 5.

  • 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.

  • Chris Kay, NYRA President and CEO

    NYRA Board Gets Optimistic Report From Kay

    Optimism was evident May 28 as the board of directors of the New York Racing Association heard Chris Kay, president and CEO, detail several improvements customers can expect on what could be an historic Belmont Stakes day.

  • 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.

  • Racing at the Fair Grounds

    Churchill to Make Fair Grounds Improvements

    Churchill Downs Inc. officials told Louisiana lawmakers May 13 the company will reinvest in Fair Grounds, thus staving off legislation that would have forced a portion of the track's annual slots revenue to track improvements

  • 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.

  • Derby Day Handle Up, Weekly Betting Down

    Churchill Downs reported a 1.08% increase in all-sources wagering for this year's Kentucky Derby (gr. I) program May 3, but an overall 1.81% decrease in total pari-mutuel handle for the six days that make up Derby week.

  • 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.

  • 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.

  • CDI Reports Slight First Quarter Loss

    Churchill Downs Inc. reported April 23 that the racetrack and gaming company's revenues increased $19.4 million to total a record $167.3 million during the first three months of 2014.

  • 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.

  • Deadline Nears for Florida Dates Conflict

    The clock is ticking toward the final day for Gulfstream Park and Calder Casino & Race Course to reach an agreement that would prevent another bruising 12 months of head-to-head racing.

  • Record Net Revenues at Churchill Downs Inc.

    With continued success in its gaming and online operations and the Kentucky Derby presented by Yum! Brands (gr. I) week, along with a steady year in racing, Churchill Downs Inc. reports record net revenues in 2013.

  • $1M Prize Offered in Kentucky Derby Showdown

    TwinSpires.com, the official advance deposit wagering service for the Kentucky Derby Presented by Yum! Brands (gr. I), is offering its players an opportunity to win $1 million by betting Kentucky Derby qualifying races.

  • Fair Grounds Generic

    Wagering Declines Lead to Fair Grounds Cuts

    Citing an overall decline in wagering, Fair Grounds Race Course & Slots has canceled four stakes and cut purses for a dozen others, including the Fair Grounds Oaks (gr. II), which went from $500,000 to $400,000.

  • Gulfstream Park

    More Head-to-Head Racing in South Florida?

    Gulfstream Park and Calder Casino & Race Course have sent the Florida Division of Pari-Mutuel Wagering preliminary dates filings that would result in another 12 months of head-to-head weekend racing starting in July 2014.

  • 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