CDI

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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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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