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 PRESS RELEASE

Sovereignty Wins the 151st Running of the Kentucky Derby Presented by ...

Sovereignty Wins the 151st 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 03, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") announced today that Sovereignty claimed the Garland of Roses at the 151st running of the Kentucky Derby presented by Woodford Reserve under steady rain and the watchful eyes of over 147,000 eager racing fans. Sovereignty, owned and bred by Godolphin, LLC, traine...

 PRESS RELEASE

Good Cheer Claims the Lilies for the 151st Running of the Longines Ken...

Good Cheer Claims the Lilies for the 151st Running of the Longines Kentucky Oaks LOUISVILLE, Ky., May 02, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") announced Good Cheer captured the Lilies in the 151st running of the Longines Kentucky Oaks in a field of 13 and sloppy track conditions. Under mostly cloudy skies, more than 100,000 excited racegoers gathered to watch America’s premier race for 3-year-old fillies. Wagering from all sources on the full Kentucky Oaks race day card was $73.9 million. All-sources wagering on the Kentucky ...

 PRESS RELEASE

Churchill Downs Incorporated Announces Updates on Capital Projects for...

Churchill Downs Incorporated Announces Updates on Capital Projects for Churchill Downs Racetrack New Renovations for Finish Line Suites and The Mansion; Temporary Pause of The Skye, Conservatory and Infield General Admission Projects LOUISVILLE, Ky., April 23, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today renovations of the existing Finish Line Suites and The Mansion at Churchill Downs Racetrack with expected completion in April 2026. After careful consideration, CDI has decided to pause the multi-year projects to develop ...

 PRESS RELEASE

Churchill Downs Incorporated Reports 2025 First Quarter Results

Churchill Downs Incorporated Reports 2025 First Quarter Results LOUISVILLE, Ky., April 23, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") today reported business results for the first quarter ended March 31, 2025. Company Highlights First quarter 2025 financial results, as compared to the prior year quarter: Record net revenue of $642.6 million, up $51.7 million or 9%Net income attributable to CDI of $76.7 million, down $3.7 million or 5%Record Adjusted EBITDA of $245.1 million, up $2.6 million or 1% We opened Owensboro Racing and G...

 PRESS RELEASE

Churchill Downs Incorporated 2025 First Quarter Financial Results Conf...

Churchill Downs Incorporated 2025 First Quarter Financial Results Conference Call Invitation LOUISVILLE, Ky., March 18, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release first quarter 2025 financial results after the market closes on Wednesday, April 23, 2025, and host a related conference call to discuss the quarter on Thursday, April 24, 2025, 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 ...

 PRESS RELEASE

Churchill Downs Incorporated Announces New $500 Million Share Repurcha...

Churchill Downs Incorporated Announces New $500 Million Share Repurchase Program LOUISVILLE, Ky., March 12, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today that the Company’s Board of Directors approved a $500 million share repurchase program. The new share repurchase program replaces the prior $500 million program that was authorized in September 2021 and had unused authorization of $125.6 million as of March 12, 2025. The new share repurchase program includes and is not in addition to any unspent amount remaining under the pr...

 PRESS RELEASE

Churchill Downs Incorporated Unveils Multi-Year Series of Capital Proj...

Churchill Downs Incorporated Unveils Multi-Year Series of Capital Projects for Churchill Downs Racetrack The Skye, Conservatory and Infield General Admission Projects Will Create World-Class Premium Hospitality for Kentucky Derby Guests LOUISVILLE, Ky., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today a multi-year series of capital projects that will enhance and expand the Kentucky Derby experience across three key areas of Churchill Downs Racetrack (“Churchill Downs”). The series of transformational projects are, col...

 PRESS RELEASE

Churchill Downs Incorporated Reports 2024 Fourth Quarter and Full Year...

Churchill Downs Incorporated Reports 2024 Fourth Quarter and Full Year Results LOUISVILLE, Ky., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") today reported business results for the quarter and full year ended December 31, 2024. Company Highlights Record fourth quarter 2024 financial results compared to the prior year: Net revenue of $624.2 million, up $63.0 million or 11%Net income attributable to CDI of $71.7 million, up $14.1 million or 24%Adjusted EBITDA of $236.6 million, up $17.5 million or 8% Record 2024 financial resul...

 PRESS RELEASE

Churchill Downs Incorporated Opens Owensboro Racing & Gaming in Wester...

Churchill Downs Incorporated Opens Owensboro Racing & Gaming in Western Kentucky $100 Million Investment Provides World-Class Entertainment While Supporting Purse Funding for Ellis Park OWENSBORO, K.Y., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) today announced the grand opening of Owensboro Racing & Gaming, the Company’s seventh premier historical horse racing entertainment venue in Kentucky. The $100 million gaming and entertainment venue in Owensboro, Kentucky, features 600 state-of-the-art historical racing machines (“HRM”)...

 PRESS RELEASE

Churchill Downs Incorporated 2024 Fourth Quarter and Full Year Financi...

Churchill Downs Incorporated 2024 Fourth Quarter and Full Year Financial Results Conference Call Invitation LOUISVILLE, Ky., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release fourth quarter and full year 2024 financial results after the market closes on Wednesday, February 19, 2025, and host a related conference call to discuss the quarter on Thursday, February 20, 2025, 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 registe...

 PRESS RELEASE

Churchill Downs Incorporated Opens The Rose Gaming Resort in Northern ...

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....

 PRESS RELEASE

Churchill Downs Incorporated Announces New HRM Entertainment Venue in ...

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 ...

 PRESS RELEASE

Churchill Downs Incorporated Reports 2024 Third Quarter Results

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...

 PRESS RELEASE

Churchill Downs Incorporated 2024 Third Quarter Financial Results Conf...

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...

Churchill Downs Incorporated: Update to credit analysis

Our credit view of this issuer reflects its size and scale from acquisitions and development projects, constrained by its large debt.

Moody's Ratings announces completion of a periodic review of ratings o...

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...

 PRESS RELEASE

Churchill Downs Incorporated Reveals Grandstand Club and Pavilion Reno...

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...

 PRESS RELEASE

Churchill Downs Incorporated Announces Robert L. Fealy Retires From Co...

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...

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