CDI

Kentucky Commission Receives Three Applications For New Harness Track

After putting out a call for new applications for race dates, the Kentucky Horse Racing Commission’s race dates committee announced Tuesday it has received three applications for a new harness track in the southwestern part of the state. Applications came from WKY Development LLC (a partnership between Churchill Downs Inc. and Keeneland), Kentucky Downs, and […]

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FTBOA: Churchill Using ‘Bait And Switch’ At Calder, May Halt Racing In Favor Of Jai Alai

The Florida Thoroughbred Breeders’ and Owners’ Association distributed the following statement to media late Thursday. Churchill Downs obtained a permit to host summer jai alai earlier this year, which may allow it to link the jai alai meet to its casino license, as opposed to a live racing meet. On Aug. 23, the leading representatives […]

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In Advance Of Derby City Gaming Opening, Churchill Downs Gets OK For Additional Historical Racing Machines

Churchill Downs Incorporated (Nasdaq:CHDN) announced that it has received approval from the Kentucky Horse Racing Commission (KHRC) to increase from 600 to 900 historical racing machines for the opening of its new Derby City Gaming facility.  KHRC also conditionally approved the Ainsworth Game Technology historical racing operating system and an initial group of game themes […]

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View From The Eighth Pole: Who Wins From Sports Betting?

We woke up in a different world today. Yesterday, outside of the state of Nevada, the only legal “sports” betting in the United States was on horse racing. Today, or more realistically in the coming months and years, Americans will be able to bet on baseball, basketball, football and hockey, among other sports. They’ll be […]

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Rankin Elected Chairman Of Churchill Downs Inc. Board Of Directors

Alex Rankin has been elected elected chairman of the board of directors of Churchill Downs Inc., effective April 24, when longtime director and current chairman, G. Watts Humphrey Jr., steps down. Humphrey, a prominent Thoroughbred owner and breeder who has served on numerous horse industry boards, opted not to stand for re-election to the CDI […]

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CDI Announces Purchase Of Presque Isle, Lady Luck Casino

Churchill Downs Incorporated (“CDI” or the “Company”) (NASDAQ:CHDN) today announced that it has entered into two separate definitive purchase agreements to acquire Presque Isle Downs & Casino (“Presque Isle”) in Erie, Pennsylvania, and Lady Luck Casino (“Lady Luck Vicksburg”) in Vicksburg, Mississippi for total aggregate consideration of approximately $229.5 million, to be paid in cash. […]

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Horseracing Integrity Act Gains Support Of 64 Trainers; Among Major Tracks, Churchill Downs Missing In Action

The Water Hay Oats Alliance has released a letter – signed by 64 current and retired trainers – endorsing the Horseracing Integrity Act (H.R. 2651) introduced in the U.S. Congress last year by Reps. Andy Barr (R-KY) and Paul Tonko (D-NY). The bill would establish a non-governmental, non-profit agency to oversee medication policy and enforcement […]

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Cherwa On Churchill’s DRF On-Track Sales Ban: ‘Are We Back In The Fifth Grade?’

“Not having the Daily Racing Form available at the race track would be like not having a Bible in a church.” So writes John Cherwa, deputy sports editor of the Los Angeles Times, in reaction to the decision by Churchill Downs Inc. management to ban on-track sales of the 124-year racing newspaper at its flagship […]

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Churchill Downs Bans Daily Racing Form On-Track Sales; Launches Rival Product

Management of Churchill Downs and Daily Racing Form – two iconic racing institutions that date back to the 1800s – apparently will not be sitting down together for a Thanksgiving Dinner. The two parties have been feuding in recent months, culminating with Churchill Downs opting to ban on-track sales of the daily racing newspaper founded […]

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Former United Tote Employee Charged With Extortion; Allegedly Stole Social Security Numbers

A Kentucky man who formerly worked for Churchill Downs Inc.’s bet processing company, United Tote, has been indicted by a federal grand jury on extortion charges. Ethan C. Fey has been charged in United States District Court for the Western District of Kentucky in Louisville with one count of Hobbs Act extortion and one count […]

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