Bill Carstanjen

Churchill Downs Hotel And Casino Among Company Projects Put On Hold During Coronavirus Pandemic

Churchill Downs Inc., in reaction to the economic fallout from the coronavirus (COVID-19) pandemic, is putting expansion projects at several of its gaming facilities on hold, including a new hotel and historical horse racing machine (HRM) casino at its flagship racetrack in Louisville, Ky. Bill Carstanjen, CDI’s chief executive officer, outlined plans for the company’s […]

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‘More Than Cautiously Optimistic’: Churchill CEO Making Plans For Fan Presence At September Derby

On the heels of yesterday’s announcement that horsemen will be allowed on the backside of Churchill Downs on May 11, CEO Bill Carstanjen is now hoping that the track will be able to have fans attend the re-scheduled Kentucky Derby on the first Saturday in September. “There’s still going to be social distancing issues,” Carstanjen […]

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CDI Workers Furloughed, Salaries Of Remaining Employees Cut

According to multiple media reports on Thursday, Churchill Downs Inc. (CDI) has furloughed an unspecified number of employees as many of its gaming facilities have been closed due to COVID-19. The measure impacts employees who worked at: Derby City Gaming (Louisville, Ky.) Calder Casino (Miami Gardens, Fla.) Fair Grounds Slots and VLT operations (New Orleans, […]

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Churchill To Apply For Second Northern Kentucky Parimutuel License

Churchill Downs, Inc. will apply for a second parimutuel wagering license in Northern Kentucky, according to Louisville Business First, in order to move simulcasting off-site and complete major renovations at Turfway Park. The construction at Turfway, which CDI purchased last year, is expected to take more than a year. During Thursday’s quarterly earnings call, CEO […]

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Churchill Commits To Add Hotel, Historical Racing Machines By 2021 Derby

A hotel on the clubhouse turn will be the latest change to the iconic skyline of Churchill Downs, according to wdrb.com. CEO Bill Carstanjen told investors on Thursday’s quarterly earnings call that the hotel is expected to be finished before the 2021 Kentucky Derby. The success of the Churchill-owned Derby City Gaming’s historical racing machines ($9 […]

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2019 Kentucky Derby Sets All-Time Handle Records; $4.1 Million Wagered In Japan

Derby fans weathered a steady late-afternoon rain as Country House captured the 145th Kentucky Derby Presented by Woodford Reserve over a sloppy track. Wagering from all-sources was the highest all-time on both the Kentucky Derby Day program and on the Kentucky Derby race. Wagering from all-sources on the Kentucky Derby Day program totaled $250.9 million, […]

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Keeneland And Churchill Commit $100K Each To Equine Research Through Grayson

Keeneland and Churchill Downs Incorporated jointly announced today that the two industry icons have each committed $100,000 in contributions to the Grayson-Jockey Club Research Foundation. This contribution will enable the sponsorship of two Grayson-approved projects. For the initial two years, 2019 and 2020, the funds will sponsor Dr. Sue Stover’s Grayson-funded research project, “Training Programs for Prevention of Fetlock Injury.” […]

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Churchill Downs Inc. Partners With Golden Nugget, Targets Online Gaming, Sports Betting In New Jersey

Churchill Downs Incorporated (CDI) (Nasdaq:CHDN) today announced an agreement with Golden Nugget Atlantic City (“Golden Nugget”) to enter into the New Jersey real money online gaming (iGaming) and sports betting markets, subject to sports wagering legislation and gaming license approvals. CDI is targeting the first quarter 2019 to begin accepting legal wagers for iGaming and sports […]

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Record $225.7 Million Wagered On Kentucky Derby Day Program

Fans braved a steady all-day rain and the wettest Kentucky Derby ever as Justify captured the 144th Kentucky Derby Presented by Woodford Reserve over a sloppy track. Attendance of 157,813, was the eighth highest attendance figure in track history. Wagering from all-sources was the highest all-time on both the Kentucky Derby Day program and on […]

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