Keyword: Churchill Downs Inc.

  • 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.

  • William Carstanjen

    Carstanjen Promoted to CDI President

    Churchill Downs Incorporated announced March 21 that William C. Carstanjen, currently the company's chief operating officer, has been promoted to company president, effective immediately.

  • 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.

  • Calder Says It Will Race Year-Round

    Calder Casino & Race Course has gone on the offensive in southeast Florida's battle over racing dates by telling state regulators it intends to start racing year-round.

  • Gulfstream Applies for December Dates

    In a move that sets up a possible battle with Calder Casino & Race Course over racing dates, Gulfstream Park has told the Florida Division of Pari-Mutuel Wagering that it plans to hold racing in December 2011.

  • CDI Announces Annual Dividend

    Churchill Downs Inc. has announced an annual dividend of 50 cents per share on CDI's common stock, payable Jan. 24, 2011, to stockholders of record on Dec. 31, 2010.

  • 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.

  • Churchill Downs Inc. president and CEO Bob Evans

    Evans: HullabaLOU Was 'Expensive Education'

    Churchill Downs racetrack's move into the concert business proved to be an "expensive education," and despite an estimated $5 million loss on the HullabaLOU music festival there are plans to bring it back next year.

  • Packard Retires From CDI Board

    Churchill Downs Inc. announced June 14 that Susan Packard has retired from its board of directors effective June 30. The CDI board has unanimously adopted a resolution to concurrently reduce the number of directors to 12.

  • Arlington Trims Stakes Schedule by $725,000

    Arlington Park and the Illinois Thoroughbred Horseman's Association board of directors have agreed to trim stakes purses by $725,000 during 11 stakes races for the remainder of the 2010 meet, officials announced June 11.

  • Alex Waldrop, president and chief executive officer of the NTRA.

    NTRA: 'Punching Bag' or Valued Resource?

    As the National Thoroughbred Racing Association prepares for its June 3 board of directors meeting in New York amid a changing landscape, the organization's biggest challenge could very well be industry perception.

  • 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.