Tag Archives: Churchill Downs
Churchill Downs opens the doors to its Terre Haute Casino Resort in Indiana
Churchill Downs has now opened its Terre Haute Casino Resort in Terre Haute, Indiana. The $290m investment includes a casino floor with 1,000 slot machines, 36 table games and a state-of-the-art sportsbook. The 400,000-square-foot entertainment venue also features regionally inspired bars and restaurants including: Four Cornered Steakhouse, Rockwood Bar & Grill, The Soda Shoppe, Crossroads…
US – Churchill Downs sets new records with revenue up 49 per cent
Churchill Downs generated record net revenue of $572.5m in its third quarter, up 49 per cent compared to the prior year quarter with record Adjusted EBITDA of $218.2 million, up 34% compared to the prior year quarter. It delivered record third quarter revenue and Adjusted EBITDA across our Live and Historical Racing and Gaming segments…
US – Churchill Downs suspends races at flagship track after 12 horse deaths
Churchill Downs has announced that it will suspend racing operations at Churchill Downs Racetrack beginning 7 June 2023, through the remainder of the Spring Meet, scheduled to run to 3 July. Live racing at Churchill Downs will be conducted as scheduled this weekend on Saturday, 3 June and Sunday, 4 June. The remainder of the race…
US – Churchill Downs launches new mobile experiences via Everi’s Venuetize platform
Everi Holdings has launched Phase Two of the Churchill Downs Racetrack mobile Venuetize experience, which now showcases the unique features of the iconic brands, the Kentucky Derby and Churchill Downs Racetrack – the world’s most legendary racetrack. Churchill Downs Racetrack is owned and operated by Churchill Downs Incorporated. While the app’s main infrastructure is shared,…
US – Churchill Downs generates record revenue in 2022
A stellar year for Churchill Downs saw it generate record revenue in 2022 of $1,809.8m, up 13 per cent compared to $1,597.2m in the prior year with the 148th Kentucky Derby on the first Saturday in May generating record Adjusted EBITDA. Net revenue for the fourth quarter of 2022 increased $87m from the prior year quarter…
US – Churchill Downs snaps up Historical Horseracing manufacturer Exacta Systems
Churchill Downs Incorporated has entered into a definitive agreement under which CDI would acquire all of the outstanding equity interests of Exacta Systems for $250m. The Transaction will provide CDI the opportunity to realize synergies related to the company’s recent acquisition of Colonial Downs Racetrack and the Rosie’s Gaming Emporium HRM facilities in Virginia. Exacta,…
US – Churchill Downs completes $2.75bn deal for Peninsula Pacific Entertainment’s assets
Churchill Downs has now bought all the assets of Peninsula Pacific Entertainment for $2.75bn including its casinos in Virginia, New York and Sioux City, Iowa, and follows licensing approvals from the Virginia Racing Commission, the New York State Gaming Commission and the Iowa Racing and Gaming Commission. “Today marks a significant moment in the evolution…
US – Churchill Downs to buy Ellis Park in Henderson, Kentucky
Churchill Downs has signed a definitive agreement to acquire Ellis Park Racing & Gaming (in Henderson, Kentucky, from Enchantment Holdings, LLC, an affiliate of Laguna Development Corporation, for total consideration of $79m in cash, subject to certain working capital and other purchase price adjustments. CDI will also assume Ellis Park’s opportunity to construct a track…
US – Churchill Downs enters into multi-year agreement with FanDuel
Churchill Downs has signed a multi-year agreement with FanDuel Group involving multiple facets of FanDuel’s sports wagering, advance deposit wagering and television businesses. Under the Agreement, CDI will provide certain technology and services to enable FanDuel’s customers to place pari-mutuel wagers on horse racing via FanDuel’s sports wagering and ADW platforms. CDI will also authorize…
