Casino
August 29, 2022
HHR Venues to Open in Kentucky as the Vertical Grows
Historical Horse Racing continues to enjoy a lot of popularity in Kentucky. Seeing the popularity HHR has in the state, two companies have decided to open new HHR venues. Kentucky Bettors Adore HHR Machines HHR machines are slot-like machines that use data from horse races to determine the outcome of a player’s bet. These machines […]
Business
August 12, 2022
NYRA Purchases 49% of Churchill Downs’ Subsidiary United Tote
Churchill Downs Incorporated (CDI), the parent company of Churchill Downs, has announced that it will sell 49% of United Tote’s shares to NYRA Content Management Solutions. NYRA Content Management Solutions is a subsidiary of the New York Racing Association, whereas United Tote is a subsidiary fully owned by CDI. The Goal of the Deal Is […]
Industry
July 29, 2022
CDI Revealed another Impressive Quarterly Performance in Q2 2022
Racing, wagering and entertainment business Churchill Downs Incorporated (CDI) released today the financial results for the second quarter of 2022 posting increases in revenue and income. Double Digit Revenue Growth CDI registered in Q2 2022 net revenue of $582.5 million, up 13% as compared to $515.1 million in the second quarter of 2021. The company […]
Business
April 28, 2022
Churchill Downs to Put $200M for Renovation of the Paddock Area
Churchill Downs Incorporated, a major racetrack and betting company, has opted to invest $200 million in a major makeover of the Paddock area at the Churchill Downs Racetrack. The Paddock Area Will Rock a New Look Churchill Downs’ namesake venue is its most important racetrack which is why the company will waste no money or […]
Sports
March 23, 2022
Churchill Downs Eyes Granite State HRM Launch Through Chasers Acquisition
The famous horseracing, casino, and betting brand Churchill Downs Incorporated has moved to expand its business with the acquisition of a poker room in New Hampshire. The location in question is the Chasers Poker Room in Salem – a charity gambling venue. Churchill Downs to Acquire Chasers Poker Room This move comes in the wake […]
Business
February 25, 2022
Churchill Downs to Begin Scaling Down Online Business Amid Low Profits
The horseracing brand Churchill Downs will shut down its online sports betting and iGaming business after it failed to produce favorable results. According to the company, its offerings will gradually be scaled down over the next six months. Churchill Downs Gives Up on Online Betting The decision comes in the wake of Churchill Downs’ Q4 […]
Business
February 11, 2022
CDI Selects Maureen Adams as New SVP of Gaming Operations
Earlier this week, Churchill Downs Incorporated announced that its SVP of gaming operations Austin Miller will retire. Austin Miller to Retire from Churchill Downs in March Churchill Downs Incorporated (CDI) said on Thursday that Austin Miller, who served as the company’s SVP of gaming operations for 8 years will retire. His retirement is effective as […]
Casino
February 8, 2022
Churchill Downs Plans to Rezone the $240m Terre Haute Casino in Indiana
Churchill Downs Inc. is altering its Terre Haute casino development plans as the gaming company wants to rezone the property on west-central Indiana city’s east side. CDI applied for rezoning the $240-million property on Monday. CDI Was the Only Company That Didn’t Want the Casino to Be On the East Side Back in November, Churchill […]
Business
January 17, 2022
Churchill Downs Solidifies Murr’s Position as President of TwinSpires
With sports betting still gaining ground in the US, Churchill Downs Inc. (CDI) isn’t going to leave anything to chance. The company announced last Friday that Ben Murr was named President of TwinSpires and Online Gaming, losing the “interim” tag that had been part of his title. He will be responsible to oversee the operations […]
Legal
January 12, 2022
Bob Baffert and Churchill Downs Feud Continues, Lawsuits Might Be Filed
Bob Baffert, a US Hall of Fame trainer spoke to the New York Times and threatened to sue Churchill Downs due to the fact that the organization handed him a ban after his horse, Medina Spirit, failed drug tests and is not eligible to run this year. Churchill Downs is Planning to File a Countersuit […]