Churchill Downs Inc.

Churchill Announces $60 Million Investment In Louisville Historical Racing Facility

The Kentucky Horse Racing Commission voted at its meeting Tuesday to grant Churchill Downs Inc. permission to offer wagering on historical horse racing. The approval is conditional upon CDI submitting additional details about its plans for a new facility at the Trackside Training Center to the commission and its staff for review. There was one dissenting vote. […]

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Report: Churchill Downs Planning Major Parking Expansion

Over the past six months, Churchill Downs Inc. has been buying up property surrounding the historic racetrack, spending close to $13 million to do so. The reason behind the purchases had been unknown, or at least track representatives weren’t revealing any information. However, according to a report by NewsRadio 840 WHAS, Churchill Downs is planning to greatly expand […]

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Churchill Downs Inc. Relocating TwinSpires Division From California To Louisville

Churchill Downs Inc. announced May 30 that it will relocate the TwinSpires headquarters to Louisville from Mountain View, Calif., creating more than 70 high-tech jobs in Kentucky. CDI is investing $2.2 million to build out the TwinSpires headquarters at its existing offices at 600 North Hurstbourne Parkway, totaling approximately 15,000 square feet in new office […]

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Churchill Preparing To ‘Build Something Special’ With Recent Land Acquisitions

Between December 2016 and April of this year, Churchill Downs, Inc. was busy acquiring a number of properties surrounding the Louisville oval. According to WDRB.com, CEO Bill Carstanjen made his first public comments on the $13 million in purchases on Tuesday morning, saying that they give the company “the flexibility and the options to build […]

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Land Rush: Churchill Downs Buying Up Property Surrounding Racetrack

Over the past six months or so, Churchill Downs Inc. has been purchasing property in the neighborhoods surrounding the racetrack. According to WDRB-41, Churchill has purchased more real estate near the track “in the last six months than it had in the previous ten years.” WDRB reports that the racetrack has spent close to $13 million so far. The land purchased […]

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Churchill Downs Inc.: Net Income Increases Sharply In First Quarter

Churchill Downs Inc. had net income of $7.3 million in the first quarter of 2017, up $4.5 million from the same quarter in 2016, according to financial statements released Wednesday. Churchill Downs Incorporated Reports 2017 First Quarter Results In the quarter, net revenue declined $8.9 million driven by a $10.1 million decrease from Big Fish Games […]

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TOC Says TwinSpires Now In Compliance With Geolocation Tracking, Restores Signal

Thoroughbred Owners of California chief executive officer Greg Avioli said the in-state signal has been restored to the Churchill Downs Inc.-owned advance deposit wager company TwinSpires in time for Saturday’s Santa Anita Derby program from Santa Anita Park. On Thursday, TOC officials withdrew consent for TwinSpires to accept wagers from California residents on California races […]

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UPDATED: Thoroughbred Owners Of California, TwinSpires In Dispute Over On-Track ADW Wagers

During Thursday’s meeting of the California Horse Racing Board, Thoroughbred Owners of California chief executive officer Greg Avioli said his organization has withdrawn consent for the Churchill Downs Inc.-owned ADW company TwinSpires to accept wagers from California residents. The decision, Avioli said, stems from TwinSpires not meeting a deadline – agreed to by TwinSpires and three other […]

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Churchill Downs Rejoins NTRA

The National Thoroughbred Racing Association (NTRA) today announced that Churchill Downs, Incorporated (CDI) has rejoined the organization and that Bill Mudd, President and Chief Operating Officer of CDI, has been appointed to the NTRA’s Board of Directors. “We are delighted to welcome Churchill Downs Incorporated back into the NTRA,” said Alex Waldrop, NTRA President & […]

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Louisiana Case Suggests Gaps Remain In Racetrack Anti-Slaughter Policies

When Louisiana state health officials began dealing with the EHV-1 outbreak at Fair Grounds in January, part of the task was working backwards after a new case cropped up to find all horses that may have been exposed to the illness. As state animal health officials did their detective work, it’s unlikely they imagined an […]

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