Churchill Downs Inc

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Fair Grounds Applies for 2006-07 New Orleans Meet

Fair Grounds has applied to the Louisiana State Racing Commission to host an 81-day meet in 2006-2007 at its facility in New Orleans, president and general manager Randy Soth said April 14.

Churchill, Magna to Provide Races to UK

Churchill Downs Inc., Magna Entertainment Corp., and Racing UK announced April 7 that the three organizations have reached agreement to partner in a subscription television channel that will broadcast races from CDI and MEC racetracks, as well as other North American and international racetracks, into the United Kingdom and Ireland.

Meeker: Account Wagering Needs Overhaul, Expansion

Expansion of account wagering and improvements to existing platforms are a chief objective of Churchill Downs Inc., whose chief executive officer, Tom Meeker, indicated change is needed to generate more industry revenue and maintain or expand the customer base.

Churchill President Addresses University Students

Churchill Downs president Steve Sexton gave students in the University of Arizona Race Track Industry Program tips on how to grow a company in a mature industry, improve customer relations, and find new ways to market horse racing.

Indiana Legislation Targets Incoming Simulcasts

Legislation to be considered by the Indiana Senate would mandate that incoming simulcasts be made available to all wagering outlets in the state or not be available at all. The bill was reported out of the Senate Committee on Homeland Security, Utilities, and Public Policy Jan. 24.

Horsemen Adamant About Meet in New Orleans

Horsemen Adamant About Meet in New Orleans

As Churchill Downs Inc. continues to assess whether Fair Grounds will be ready to host its 2006-07 meet beginning in late November, the president of the Louisiana Horsemen's Benevolent and Protective Association said anything less than a live meet in New Orleans would bring "strong opposition" from the organization.

Help Wanted: Churchill Begins Search for Meeker's Successor

Help Wanted: Churchill Begins Search for Meeker's Successor

Churchill Downs Inc. announced Thursday that the company had initiated a formal succession-planning process for the position of president and chief executive officer, which is currently held by Thomas H. Meeker. Meeker's current employment contract with CDI will expire in March 2007. Meeker plans to retire from the company and step down from its board of directors upon the expiration of his employment contract.

Tornado-Damaged Ellis Park to Race in 2006

Tornado-Damaged Ellis Park to Race in 2006

Though repairs to damage from a Nov. 6 tornado won't be completed by summer, Ellis Park in western Kentucky will conduct its 36-day meet in 2006, parent company Churchill Downs Inc. announced Dec. 28.

Racetrack, Jockeys' Guild Officials Meet

Racetrack officials met with the new leadership of the Jockeys' Guild Dec. 1 to discuss "issues of mutual concern," according to a Guild release.

Lawmakers to Agencies: Consider Jockeys' Rights

Members of the U.S. House of Representatives are calling on the National Labor Relations Board and the National Institute of Occupational Safety and Health to take action to protect jockeys, exercise riders, and others who work with racehorses.

Live Racing Up in the Air; Gulfstream Takes Horses

Restoration of power is the key to whether Calder Race Course can resume simulcast operations in time for the Oct. 29 Breeders' Cup World Thoroughbred Championships at Belmont Park, and the South Florida racetrack's live racing schedule remains up in the air in the aftermath of Hurricane Wilma, which damaged a number of barns in the stable area.

Ellis Park's Paul Kuerzi to Step Down

Paul Kuerzi, who has served as vice president and general manager of Ellis Park since 1999, has announced plans to leave the Henderson, Ky., track at the end of the year.

'Big Three,' Others to Renew NTRA Membership

'Big Three,' Others to Renew NTRA Membership

The three major racetrack operators -- Churchill Downs Inc., Magna Entertainment Corp., and the New York Racing Association -- have confirmed along with other racing associations and horsemen's groups the renewal of their membership in the National Thoroughbred Racing Association.

Churchill Downs Completes Sale of Hollywood Park

Churchill Downs Inc. and Bay Meadows Land Company completed the sale of Hollywood Park racetrack and surrounding acreage at the Inglewood, Calif., site to Hollywood Park Land Company, an affiliate of BMLC, for $257.5 million. CDI will use the proceeds of the sale to pay down debt.

NTRA Approaches Critical Point on Memberships

With 2006 a little more than three months away, the National Thoroughbred Racing Association continues to push for membership renewals and seek new members in advance of its annual meeting, scheduled for Oct. 10-12 in Lexington.

Churchill, Horsemen Agree on 37-Day Meet in Louisiana

Churchill Downs Inc. Tuesday announced the company had reached a preliminary arrangement with the leadership of the Louisiana Horsemen's Benevolent and Protective Association ("LAHBPA") on details for a shortened Fair Grounds race meet from Nov. 19, 2005, to Jan. 22, 2006, for a total of 37 race dates.

CDI Locates More Louisiana Employees after Hurricane

Churchill Downs Inc. is now in contact with more than 70% of its 500 Louisiana employees who scattered to areas around the country in the evacuation of New Orleans prior to Hurricane Katrina's arrival.

CDI Eliminates 18 Positions at Hollywood Park

Churchill Downs Inc. is eliminating 18 positions at Hollywood Park, including four department heads, in anticipation of completing the Inglewood, Calif., racetrack's sale to Bay Meadows Land Co. The sale is scheduled to close Sept. 23.

Kentucky Horsemen Question Ellis Park Purse Cut

The Kentucky Horsemen's Benevolent and Protective Association has taken issue with an Ellis Park purse reduction that has put the minimum purse to near $5,000 for the first time in recent memory at any Thoroughbred racetrack in Kentucky.

Meeker Addresses Problems Facing Industry

Meeker Addresses Problems Facing Industry

Although competition from casinos and the desire to obtain alternative gaming at racetracks generate the most buzz about problems facing North American horse racing, Churchill Downs president and CEO Tom Meeker says there are other issues facing the industry that must be resolved.

Horsemen Seek Stability as Hollywood Deal Looms

Officials maintained a taut no-comment stance on reports that Churchill Downs Inc. is close to a deal with the owner of Bay Meadows for the sale of Hollywood Park, but a spokesman for California's major trainers' organization expressed comfort in the news.

CDI: Internal Growth, Several External Challenges

CDI: Internal Growth, Several External Challenges

Churchill Downs the company hopes to reap the rewards of what president Tom Meeker calls a "culture change," and it also plans to utilize its resources to deal with three lingering industry problems: the tote system, offshore wagering, and short fields.

Churchill Loses $13.9M in First Quarter of 2005

Churchill Downs Inc. posted revenue gains for the opening quarter of 2005 thanks to the addition of 61 racing dates at the newly acquired Fair Grounds, but higher corporate expenses resulted in a net loss of $13.9 million, the company reported May 10.

Allred Pulls Out of Los Alamitos Plan

Ed Allred, the owner of Los Alamitos Race Course, has reportedly backed out of a plan that could have brought Thoroughbred racing to his Quarter Horse facility in the event Hollywood Park were to be sold to development interests.

CDI Secures $1 Million Policy for Jockeys

Churchill Downs Inc. has finalized agreements with AIG Insurance to provide $1 million in on-track insurance coverage for jockeys who compete at CDI racetracks located in states where jockeys are not currently covered by workers' compensation programs.

Planning Board Postpones Fair Grounds Vote

The New Orleans Planning Commission has postponed for a month a decision on a proposal by Churchill Downs Inc. to install up to 700 slot machines at Fair Grounds.

Barden Named Assistant GM at Hollypark

Tim Barden, Hollywood Park's management liaison since 2000, has been promoted to assistant general manager of the Los Angeles-area racetrack, general manager Eual Wyatt Jr. announced on behalf of Hollywood Park and parent company Churchill Downs Inc.

Guild Files Counterclaim Over CDI Lawsuit

The Jockeys' Guild, in an answer and counterclaim filed March 24 in United States District Court for the western district of Kentucky, charges Churchill Downs Inc. used "exploitative tactics" in dealing with jockeys at company-owned Churchill Downs and Hoosier Park.

CDI: No Hollywood Comment Pending Deliberations

Churchill Downs Inc. officials discussed the company's financial picture, alternative gaming initiatives, and the industry's tote system during a March 17 teleconference but shed little light on their intentions for Hollywood Park, the Southern California racetrack that is the subject of sale rumors.

TOC: No Choice But to Evaluate Options

The Thoroughbred Owners of California, faced with the possibility of losing a major racetrack partner, has been discussing its options for the future given ongoing rumors Hollywood Park may be sold and no longer offer horse racing.

Churchill Sues Guild, Cuts Off Contributions

Churchill Sues Guild, Cuts Off Contributions

Churchill Downs Inc. has cut off its voluntary financial contributions to the Jockeys' Guild and has sued the organization over what it believes were violations of federal and state law when jockeys opted not to ride last fall at Churchill Downs and Hoosier Park.

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