Churchill Downs Inc

News, Articles, Videos and other content about Churchill Downs Inc

'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.

TrackNet, MidAtlantic Reach Agreement

TrackNet, MidAtlantic Reach Agreement

TrackNet Media Group and the MidAtlantic Cooperative announced Jan. 22 that they have reached an agreement with MidAtlantic members of the simulcast signals of racetracks affiliated with TrackNet

CDI Amends Revolving Credit Line

CDI Amends Revolving Credit Line

Churchill Downs Inc. announced Dec. 22 it has amended its revolving credit facility while increasing the borrowing capacity from $120 million to $275 million.

Arlington Completes Purchase of Leased Land

Churchill Downs Inc.'s wholly-owned subsidiary Arlington Park has entered into an agreement to purchase approximately 66.8 acres of leased land which is currently part of Arlington Park's racing facilities in Arlington Heights, Ill., from The Duchossois Group for a total purchase price of $27.5 million, as of Dec. 3.

CDI 'Well-Positioned' to Make Other Deals

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.

CDI Quarterly Net Revenue Up Slightly

CDI Quarterly Net Revenue Up Slightly

Churchill Downs Inc. reported Oct. 28 that net revenue from continuing operations for the third quarter of 2009 totaled $100.9 million, an increase of $1.3 million, or 1%, over the $99.6 million recorded during the third quarter of 2008.

Evans: We Believe We Must Win Slots Battle

Evans: We Believe We Must Win Slots Battle

Although Churchill Downs Inc. posted a slight increase in revenue during the second quarter of 2009 despite the depressed economic picture with the U.S., the racetrack operating company's president and CEO said the "results from our racing operations were disappointing."

Thukral Named President of Twinspires.com

Rohit Thukral has been promoted to president of Twinspires.com and has been appointed executive vice president of technology initiatives for Churchill Downs Inc., it was announced May 21.

ADWs Grab Larger Share in First Quarter

Led by strong performances from Twinspires.com and Youbet.com, collective handle for the four largest domestic advance deposit wagering platforms increased by roughly 15% in the first quarter of the year, while their overall share of the national betting pie grew by more than 2%.

USO to Host Soldiers on Derby Day

For the first time in the 135-year history of the Kentucky Derby, the United Service Organizations will host American soldiers and their families from Fort Campbell and Fort Knox at Churchill Downs for the Run for the Roses May 2.

KTA Dismissed from CDI Lawsuit

KTA Dismissed from CDI Lawsuit

The Kentucky Thoroughbred Association and its executive director have been dismissed from the federal antitrust lawsuit brought by Churchill Downs Inc. against multiple horsemen's groups.

TwinSpires to Show Handicapping Tourney

TwinSpires.com, the official advance deposit wagering service for Churchill Downs Inc., will provide an inside look at the DRF/NTRA National Handicapping Championship from Red Rock Casino in Las Vegas by providing online video coverage of the event throughout the Jan. 23-24.

Slots Revenue Agreement OK'd for Calder

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 Makes Deep Cut in Fall Stakes

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

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.

State Grants Calder Additional Dark Days

Calder Race Course got state permission to run four days a week instead of five for an 11-week period beginning Sept. 1. The South Florida track has lost horses due to reduced purses that were caused by a lingering dispute over simulcast signal distribution.

'Realities' Force Calder Date Cuts

'Realities' Force Calder Date Cuts

Calder Race Course has asked the Florida Division of Pari-Mutuel Wagering for permission to hold live racing four days a week, rather than five, during 11 weeks beginning Sept. 1.

Mudd Appointed to Equibase Committee

William "Bill" Mudd, executive vice president and chief financial officer of Churchill Downs Inc., has been appointed by the Thoroughbred Racing Associations of North America to the Equibase Company Management Committee, it was announced Aug. 14 by Equibase chairman Alan Marzelli.

Eight Belles to Be Interred at Museum

Eight Belles to Be Interred at Museum

Eight Belles, who finished second in the Kentucky Derby Presented by Yum! Brands (gr. I) but suffered a catastrophic injury moments after the race, will be honored by Churchill Downs Inc. through a series of charitable contributions and initiatives, including the interment of her remains at the Kentucky Derby Museum.

MEC, THG Talking But No Deal in Sight

MEC, THG Talking But No Deal in Sight

Officials with Magna Entertainment Corp. and the Thoroughbred Horsemen's Group have met twice recently to discuss the ongoing conflict over revenue splits for advance deposit wagering, though the sides aren't close to striking a deal.

Stakes Purses to be Trimmed at Calder

Stakes Purses to be Trimmed at Calder

Calder Race Course announced May 9 that it will cut purses for eight upcoming stakes races, including the July 12 Summit of Speed card, blaming a continuing dispute with the Florida horsemen's association.

Most Popular Stories