CDI

Kentucky Commission Unanimously Approves Sale Of Turfway To Churchill

At a special meeting convened Tuesday afternoon, the Kentucky Horse Racing Commission voted unanimously to approve the change of control for Turfway Park, clearing the way for Churchill Downs Inc. (CDI) to purchase the track for $46 million. Churchill, operating via its wholly-owned subsidiary, NKYRG LLC, announced the deal last week, noting it was contingent […]

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CDI Announces Agreement To Buy Turfway Park For $46 Million, Will Withdraw Plans For New Latonia

Churchill Downs Incorporated (“CDI”) announced today that, through its wholly-owned subsidiary NKYRG, LLC (“NKYRG”), it has signed a definitive agreement to acquire Turfway Park in Florence, Kentucky from Jack Ohio LLC, an affiliate of JACK Entertainment LLC (“JACK”) and Hard Rock International for total consideration of $46 million in cash, subject to certain working capital […]

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CDI Announces Intent To Apply For Turfway’s Dates, Construct New Track In Northern Kentucky

Following a report from the Daily Racing Form Thursday, Churchill Downs Incorporated announced plans to apply for winter racing dates currently held by Turfway Park. The Kentucky Horse Racing Commission will make a determination about date applications by Nov. 1. Turfway has drawn criticism from the commission over the slow progress of its renovations and […]

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Churchill/Stronach Group Dispute Leads To Pimlico Signal Blackout For Some Horseplayers

An ongoing, unspecified disagreement between racetrack and advance deposit wagering company owners The Stronach Group and Churchill Downs Inc. has led to a blackout of the Pimlico simulcast signal for some horseplayers. Customers at Presque Isle Downs, Louisiana Downs, and users of BetAmerica are currently unable to watch and wager on races from Pimlico, one […]

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Report: As Portland Meadows Closes, Grants Pass Could Absorb Dates

Although Portland Meadows officials say a deal is not yet done on the sale of the track, it appears Grants Pass will likely absorb the Oregon track’s dates, according to The Oregonian. The Oregon Racing Commission approved a three-year license for Grants Pass Downs and heard no objection from Portland Meadows. Those in the know […]

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CDI/Keeneland Partnership Awarded New Racing License In Kentucky

WKY LLC., a partnership between Churchill Downs, Inc. and Keeneland, has edged Caesars Entertainment and Kentucky Downs in a three-way war for a new racing license in Kentucky. In a special meeting on Friday afternoon, a majority of the Kentucky Horse Racing Commission voted to award the dates to WKY, with three commissioners dissenting. The […]

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Report: Kentucky Commission Hits Derby City Gaming With Fine Over Historical Racing Machines

The Blood-Horse’s Frank Angst reported Thursday that Churchill Downs Inc.’s new facility, Derby City Gaming, faces fines over the operation of its historical horse racing machines, and may see the machines shut down. In a later sent to CDI last week, the Kentucky Horse Racing Commission levied a significant fine for what it says is […]

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Churchill Downs Inc. Buys Majority Interest In Casino Near Arlington Park

Churchill Downs Incorporated (CDI, Nasdaq: CHDN) has announced it has signed a definitive purchase agreement pursuant to which CDI will acquire certain of the ownership interests of Midwest Gaming Holdings, LLC, the parent company of Rivers Casino Des Plaines in Des Plaines, Ill., for cash. The Rivers Casino Des Plaines is 14 miles from CDI-owned […]

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TVG Will Broadcast Churchill Fall Meet Signal On Primary Network

TVG, America’s national horse racing network and an affiliate of FanDuel Group, will carry the 21-day fall meet from the historic home of the Kentucky Derby on its primary broadcast channel, TVG, which is available in over 40 million homes, with live coverage beginning Sunday, October 28th.   TVG also announced it will carry the […]

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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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