Keyword: GTECH

  • Turfway's Polytrack Installation On Schedule

    Turfway Park president Bob Elliston said he expects the Kentucky racetrack's new Polytrack surface to be ready for horses to train on by mid-August, when trainers are expected to begin arriving for the fall meet that begins Sept. 7.

  • Churchill Downs Participating in National Gaming Conference

    Churchill Downs is one of 70 leading public and private companies asked to do a presentation before investors Wednesday morning at the 11th Annual CIBC World Markets Gaming, Lodging, and Leisure Conference in New York City.

  • Gtech Reports 38% Gain in Third Quarter Earnings

    Gtech Holdings, a co-owner of Turfway Park and lottery system operator, reported Monday an 18% increase in fiscal third-quarter profits due to the sale of terminals and software to the United Kingdom. Net income rose to $21.6 million, or 73 cents a share, in the three months ending Nov. 24 from $18.3 million, or 53 cents a share, a year earlier.

  • Gtech Earnings Fall for Fourth Quarter

    Gtech, one of the county's largest lottery company and a one-third owner of Turfway Park, reported declines in earnings per share for its fourth quarter and fiscal year ending Feb. 24. Fourth quarter earnings fell 13.8% to 75 cents per diluted share, and earnings for the fiscal year dropped 51.5% to $1.25 per diluted share.

  • Gtech to cut 80 jobs

    Gtech, a lottery company and co-owner of Turfway Park, announced today it was eliminating jobs as part of a large cut in operating expenses.

  • Gtech's Third Quarter Earnings Fall 20%

    The major international lottery company said further cuts and asset sales can be expected in the next quarter. One of those assets could be the company's one-third interest in Turfway Park.