Churchill Downs Incorporated Opens The Rose Gaming Resort in Northern Virginia $460 Million Investment Creates a Worldclass Entertainment Destination Resort Supporting Horse Racing and Agriculture Industry in Virginia LOUISVILLE, Ky., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today the grand opening of The Rose Gaming Resort (“The Rose”) in Dumfries, Virginia. The worldclass entertainment resort includes 1,650 historical racing machines (“HRMs”), 8 bars and restaurants and a hotel with over 100 rooms and event space....
Churchill Downs Incorporated Announces New HRM Entertainment Venue in Calvert City, Kentucky LOUISVILLE, Ky., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today the planned development of a $40 to $50 million historical racing machine (“HRM”) entertainment venue in Calvert City, Kentucky. CDI plans to open the new 23,000 square-foot facility with 250 HRMs, a sports bar and a sportsbook, and a simulcast center in early 2026. The new facility will serve as an extension of Oak Grove Racing, Gaming and Hotel (“Oak Grove”) and will be CDI’s ...
Churchill Downs Incorporated Reports 2024 Third Quarter Results LOUISVILLE, Ky., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") today reported business results for the third quarter ended September 30, 2024. Company Highlights Third quarter results: Record net revenue of $628.5 million compared to $572.5 million in third quarter 2023Record net income attributable to CDI of $65.4 million compared to $61.0 million in third quarter 2023Record Adjusted EBITDA of $235.3 million compared to $218.2 million in third quarter 2023 Delive...
Churchill Downs Incorporated 2024 Third Quarter Financial Results Conference Call Invitation LOUISVILLE, Ky., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release third quarter 2024 financial results after the market closes on Wednesday, October 23, 2024, and host a related conference call to discuss the quarter on Thursday, October 24, 2024, at 9 a.m. ET. Investors and other interested parties may listen to the call by accessing the online, real-time webcast at or by registering in advance via teleconfere...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Churchill Downs Incorporated and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 19 August 2024 in which we reassessed the appropriateness of the ratings in th...
Churchill Downs Incorporated Reveals Grandstand Club and Pavilion Renovation Plan for Churchill Downs Racetrack $80-$90 Million Project will Debut for the 151st Kentucky Derby in May 2025 LOUISVILLE, Ky., July 24, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today an $80-$90 million renovation to the existing grandstand at Churchill Downs Racetrack (“Churchill Downs”) that will update ticketed seating options while significantly improving and adding to the amenities available for all guests in the grandstand area. Construction on the Grandstan...
Churchill Downs Incorporated Announces Robert L. Fealy Retires From Company’s Board of Directors LOUISVILLE, Ky., July 24, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “Company”) announced today that Robert L. Fealy retired from CDI’s Board of Directors on July 23, 2024. "We are grateful for Bob’s long-term exemplary service as a board member of Churchill Downs Incorporated,” said Bill Carstanjen, CDI's President and Chief Executive Officer. "We will miss his perspective, insight, and dedication to our Company. I want to also personally thank him for his friendship a...
Churchill Downs Incorporated Reports 2024 Second Quarter Results LOUISVILLE, Ky., July 24, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the “Company”, “CDI”, “we”) today reported business results for the second quarter ended June 30, 2024. Company Highlights All-time record net revenue of $890.7 million compared to $768.5 million in second quarter 2023Net income attributable to CDI of $209.3 million compared to $143.0 million in second quarter 2023All-time record Adjusted EBITDA of $444.8 million compared to $363.7 million in second quarter 2023Delivered record ...
Churchill Downs Incorporated Closes Amendment to Extend Maturity Date of its Revolving Credit Facility and Term Loan A Facility LOUISVILLE, Ky., July 03, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today that CDI successfully closed an amendment of its senior secured credit agreement to extend the maturity date of its revolving credit facility and term loan A facility from 2027 to 2029 and to make certain other changes to its existing credit agreement. About Churchill Downs Incorporated Churchill Downs Incorporated (“CDI”) (Nas...
Churchill Downs Incorporated Names Michael Lilly President of TwinSpires Horse Racing LOUISVILLE, Ky., June 27, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that Michael Lilly has been promoted to President of TwinSpires Horse Racing, the leading provider of legal online horse betting sites and the official wagering partner of the Kentucky Derby. In this role, Lilly will be responsible for the overall strategy and operation of the TwinSpires Horse Racing business within CDI’s TwinSpires Segment. Lilly brings over 20 years of financial exp...
Churchill Downs Incorporated 2024 Second Quarter Financial Results Conference Call Invitation LOUISVILLE, Ky., June 21, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release second quarter 2024 financial results after the market closes on Wednesday, July 24, 2024, and host a related conference call to discuss the quarter on Thursday, July 25, 2024, at 9 a.m. ET. Investors and other interested parties may listen to the call by accessing the online, real-time webcast at or by registering in advance via teleconference...
Churchill Downs Incorporated Names Sam Ullrich Vice President of Investor Relations LOUISVILLE, Ky., May 29, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company," "CDI") announced today that Sam Ullrich has been named Vice President of Investor Relations for the Company. In this role, Ullrich will be responsible for all aspects of investor relations and work closely with current and prospective shareholders and analysts. He will report to Marcia Dall, Executive Vice President and Chief Financial Officer for CDI. Ullrich brings 15 years of financial experien...
Churchill Downs Incorporated Opens Terre Haute Casino Resort Hotel in Terre Haute, Indiana LOUISVILLE, Ky., May 15, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) today announced the opening of its new 122-room hotel and event center at Terre Haute Casino Resort. CDI opened the 400,000-square-foot regional entertainment venue’s casino floor on April 5, 2024 with 1,000 slot machines, 36 tables games, and a state-of-the-art sportsbook. Terre Haute Casino Resort offers regionally inspired food and beverage amenities including the Four Cornered S...
Churchill Downs Incorporated and NBC Sports Extend Historic Partnership Kentucky Derby to be Presented on NBC and Peacock through 2032 LOUISVILLE, Ky., May 04, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) ("CDI") announced today that NBC Sports will continue to host the Kentucky Derby on NBC and Peacock through 2032. CDI’s partnership with NBC Sports began in 2001. This multi-year partnership extension will make NBC the first media company to present the most prestigious event in horse racing for over three decades. “As we celebrate the 150th running of the Ke...
Mystik Dan Wins the Historic 150th Running of the Kentucky Derby Presented by Woodford Reserve New All-Time Handle Record Set for the Kentucky Derby Race, Kentucky Derby Day Program, and Kentucky Derby Week Races LOUISVILLE, Ky., May 04, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the “Company”, “CDI”) announced today that a jubilant crowd of nearly 157,000 Derby fans gathered at Churchill Downs Racetrack (“Churchill Downs”) to celebrate and witness Mystik Dan claim the Garland of Roses at the 150th running of the Kentucky Derby presented by Woodford Reserve ...
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