Legal
March 2, 2021
Big Fish Lawsuits Settlement Approved by Federal Court
Australian-based manufacturer of gaming machines Aristocrat Technologies announced today the settlement related to Big Fish Games was approved by the US Federal District Court for the Western District of Washington. Federal Court Approval Aristocrat filed the announcement to the Australian Stock Exchange (ASX) regarding the May 2020 agreement to settle claims related to the two […]
Industry
February 24, 2021
CDI Sells Arlington Racecourse as Redevelopment Site
Casino and horse racing operator Churchill Downs Incorporated (CDI) announced in a press release on its website it initiated a procedure for the sale of Arlington International Racecourse – the oval and all 326 acres of land. Arlington on the Block The historic racetrack in Arlington Heights, Illinois, is marketed as a redevelopment opportunity by […]
Casino
February 19, 2021
Rivers Casino Des Plaines Plans $87 Million Expansion
Churchill Downs Incorporated announced plans to expand its jointly owned property with Rush Street Interactive – Rivers Casino Des Plaines in Illinois. With an $87 million price tag, the expansion plans to add gaming positions, a poker room, a new restaurant, and event space. CDI Plans to Expand Rivers Casino Des Plaines The industry-leading racing […]
Sports
January 5, 2021
CDI Phases out BetAmerica, Consolidates around TwinSpires
Horse racing, online wagering, and gaming operator Churchill Downs Incorporated (CDI) announced in a media release today a shift towards a single brand strategy regarding its online wagering segment is underway, rebranding its sportsbook and iGaming platform to TwinSpires. Michigan to Initiate the Brand Transition Currently, CDI operates under the BetAmerica brand and the process […]
Business
September 2, 2020
Calder Casino Miami Opens Doors, CDI Sticks to Health Protocols
Calder Casino in Miami, Florida, a property owned by Churchill Downs Incorporated, has restarted operations. The Miami-Dade County is now reopening businesses. CDI Restarts Operations in Calder Casino, Miami Following news that Churchill Downs Incorporated (CDI) would need to cut live attendance at the Kentucky Derby on Saturday, September 5, the company finally has some […]
Sports
August 24, 2020
CDI Says No Live Audience Allowed for Kentucky Derby Festival
Churchill Downs Incorporated (CDI) has confirmed that the event will go on without any live audience. The news reverses a previous plan to host around 23,000 guests for the Kentucky Derby Race program. Kentucky Derby to Go on Without Live Audience The biggest horseracing event in the United States is about to get underway. Yet, […]
Sports
August 12, 2020
CDI Issues 146th Kentucky Derby Safety Plan Update
Race track and casino operator Churchill Downs Incorporated (CDI) issued today an update to the comprehensive safety plan regarding all live races days during this year’s rescheduled Kentucky Derby Week. The 146th Kentucky Derby that will take place September 5 will feature an audience capped at 23,000 people to ensure physical distance compliance. The Kentucky […]
Business
July 30, 2020
Hannahville Indian Community Secures BetAmerica’s Michigan Presence
Race track and casino operator Churchill Downs Incorporated (CDI) issued in a press release July 29 that it would launch its sports betting operations in Michigan in partnership with Hannahville Indian Community. Retail BetAmerica Sports Book Under the terms of the agreement reached with the Hannahville Indian tribe, CDI will open a BetAmerica-branded retail sports […]
Casino
June 12, 2020
CDI Re-Opens Five More Casinos, Pushing the Total Number to Seven
Churchill Downs Incorporated (CDI), the company famous with the race tracks it operates and the Kentucky Derby, announced it will re-open five of its land-based gaming facilities across the states. The racetrack operator that also runs 10 US casinos said it will reopen its Florida, Louisiana, Maryland, Ohio and Pennsylvania properties. Venues in 5 Other […]
Business
May 3, 2020
CDI Reported Q1 Revenue Drop, Re-Opening of Churchill Downs Racetrack in Sight
Churchill Downs Incorporated /CDI/ has recently released its first quarter financial report posting net revenue of $252.9 million, down 5% compared to Q1 in 2019. The company posted net loss for the quarter to the extent of $23.4 million, in total contrast with the $11.6 million profit generated the year before. Adjusted earnings before interest, […]