Keyword: earnings

  • Arrogate Powering Baffert, Smith to Earnings Heights

    While Arrogate is fueling the massive earnings of Baffert and Smith, they have teamed to win grade 1 races this year with Abel Tasman and Mor Spirit. Smith also rides champion Songbird; Baffert has multiple graded stakes winner Vale Dori.

  • Kentucky Derby week revenue increased this year

    CDI Reports 27% Increase in Net Income

    Continued growth in the week leading up to the Kentucky Derby Presented by Yum! Brands (gr. I) fueled an increase in earnings for the racing segment of Churchill Downs Inc. in the second quarter of 2016.

  • Churchill Downs is preparing for Kentucky Derby week

    CDI Reports Productive First Quarter

    In advance of what it anticipates will be another successful Kentucky Derby (gr. I) week, Churchill Downs Inc. April 28 reported net income of $2.8 million for the first quarter of 2016.

  • Triple Crown and Breeders' Cup Classic winner American Pharoah <br><a target="blank" href="http://photos.bloodhorse.com/BreedersCup/2015-Breeders-Cup/Breeders-Cup-Classic/i-znCSLnf">Order This Photo</a>

    American Pharoah, Castellano Set Records

    Triple Crown and Breeders' Cup Classic winner American Pharoah established a single season record for earnings in 2015 while his owner, Zayat Stables LLC, finished the year as the leading owner by earnings.

  • CDI Reports Increase in Earnings, Revenue

    Churchill Downs Inc. reported a 19% increase in net earnings for the third quarter of 2015 compared with the same three months last year, and attributed a 61% spike in net revenue for the quarter to Big Fish Games.

  • Top 3YOS Separated from Pack in Derby Preps

    Looking at the six U.S. races this year that the Road to the Kentucky Derby awards 100 points to the winner, four were won by favorites. Of the six races, International Star delivered the largest win payout at $6.60...

  • Ron Burke

    Harness Trainer Breaks Pletcher Purse Record

    Harness trainer Ron Burke's record-setting year continued the evening of Dec. 12 when he broke Todd Pletcher's North American record for purses won by a trainer. Pletcher held the mark of $28,116,097 set in 2007.

  • 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.

  • 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.

  • 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.

  • 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.

  • PNGI Continues Looking for Growth Markets

    Penn National Gaming Inc. said 10 of its 15 gaming properties increased net revenue and that it intends to "expand its presence to any jurisdiction considering the expansion of gaming."

  • 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.

  • MTR Finances Improve; Focus Now on Ohio

    MTR Gaming Group, which cut jobs and corporate expenses in the past year, released improved financial results for the second quarter of 2009 and said it's poised for growth in Ohio, where racetrack video lottery terminals have been authorized.

  • Churchill Posts Slight Increase in Earnings

    Churchill Downs Inc. released its second-quarter results after the close of the stock market July 29, with a slight increase in earnings due to its advance deposit wagering system and slot-machine gaming.

  • Canterbury Park Reports Lower Profit

    The parent company of Canterbury Park reported a smaller first-quarter profit May 13, blaming current economic conditions and increased competition at the racetrack located in Shakopee, Minn.

  • Youbet Looking Beyond Racing for Growth

    Flush off a quarter in which it saw increased handle and profit, Youbet.com said May 13 it would look at possibly establishing a presence in another country in an effort to expand its wagering offerings beyond horse racing.

  • Stronach Critical of Certain MID Investors

    Magna Entertainment Corp. chairman Frank Stronach criticized certain hedge-fund investors for putting "unwarranted" pressure on the bankrupt racetrack company's parent entity, suggesting May 8 that those antagonists could start their own company if they didn't like what they saw.

  • MTR Gaming Not Looking for 'Cheap Assets'

    MTR Gaming Group swung to a profit of $742,000 in the first quarter of the year, with officials vowing May 7 to continue to improve on current operations rather than seek other properties to add to the company's portfolio.

  • CDI: We're Rebuilding Racing, but Need Slots

    Despite growth in its online pari-mutuel wagering and Louisiana slots operations, the top executive of Churchill Downs Inc. said May 7 the company is not ignoring its racing properties, but needs legislative help to keep them viable entities.

  • CDI: Revenues Up, Earnings Down

    Citing the absence of insurance payments received in 2008, Churchill Downs Inc. reported a net loss of $4.8 million in the first quarter of the year, but said a 12% increase in net revenues were attributed to strength in its Louisiana gaming business and on-line wagering operation.

  • MEC 2008 Loss Highest in Company History

    One day after reporting Magna Entertainment Corp. would not release an annual report due to its ongoing bankruptcy proceedings, controlling shareholder MI Developments released data showing MEC posted its highest-ever annual loss in its brief history, though it's not exactly clear what the final tally is.

  • Impairment Hits Youbet Bottom-Line

    Youbet.com reported a loss of $4.5 million for 2008, fueled by an $11.2 million fourth-quarter impairment charge for subsidiary United Tote, the company reported March 5.

  • Deal to Sell TVG in 'Final Phases'

    TVG has been classified as a discontinued operation by parent company Macrovision Solutions Corp., which says it in the "final phases" of negotiations to sell the horse racing network.

  • Youbet Reports Rise in Net Income

    After turning over a new leaf in management, Youbet.com's net income for the third quarter of 2008 experienced a significant increase in profit from the year before.

  • CDI: Quietly Positioned for Growth

    Churchill Downs Inc. said Nov. 6 it is in a position to grow in various gaming areas, but is mum about what possible ventures might be considered in the future.