Churchill Downs Inc.

Report: DraftKings Sportsbook Takes Down Derby Odds After Churchill Downs’ Protest

The Mississippi-based DraftKings sportsbook has shut down its Kentucky Derby futures odds following a complaint from Churchill Downs, Inc., according to a report by the Vegas Stats & Information Network. A source told VSiN’s Ron Flatter that CDI pointed to legal precedent as the reason DraftKings should remove the odds, produced by former Las Vegas […]

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Churchill Downs Finalizes Purchase Of Presque Isle, Targets Sports Wagering In Pennsylvania

Churchill Downs, Inc. has completed the purchase of Presque Isle Downs, opening the door for the company to take advantage of legalized sports betting in Pennsylvania. CDI bought the Erie racetrack from Eldorado Resorts for just shy of $179 million. The deal was approved by the Pennsylvania Gaming Control Board and the Pennsylvania State Horse […]

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Caesars Bullish On Proposed Historical Racing, Harness Track In Kentucky

The Kentucky Horse Racing Commission on Friday is expected to award a new harness racing license to one of three applicants: Kentucky Downs, a joint venture of Churchill Downs Inc. and Keeneland, or Caesars Entertainment. The first two groups are pretty well known in the Bluegrass State. Kentucky Downs has built a highly successful year-round […]

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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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Florida HBPA Sues State Regulators, Calder Race Course Over Jai Alai Permit

The same bureaucrats in Tallahassee, Fla., who define a “horse race” as two equines ambling down a dirt path at a snail’s pace have been sued by the Florida Horsemen’s Benevolent and Protective Association for giving Calder Race Course a summer jai alai permit that will allow the Churchill Downs Inc.-owned track to stiff Thoroughbred […]

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Churchill Downs Opens New Historical Racing Facility In Louisville

Churchill Downs Incorporated (CDI) is celebrating the grand opening of Derby City Gaming, a $65 million state-of-the-art historical racing machine (HRM) facility located at 4520 Poplar Level Road in Louisville, Ky. State and local officials and members of the horse racing community are joining the CDI team today to officially open the entertainment facility to the public. […]

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Churchill Downs, Keeneland Propose Harness Racing Dates For 2019 And Beyond

WKY Development, LLC – a joint venture between Churchill Downs Incorporated (CDI) and Keeneland Association Inc. – has filed an application with the Kentucky Horse Racing Commission requesting live Standardbred racing dates at CDI’s old Louisville Downs racing venue located at Derby City Gaming in Louisville for 2019 and in 2020 at its proposed venue […]

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Sept. 24 Hearing Date Set For Florida HBPA Lawsuit Challenging Calder’s Jai Alai Permit

An order was entered on Thursday that sets Sept. 24, 2018, as the hearing date for the Florida Horsemen’s Benevolent and Protective Association’s lawsuit challenging the validity of the summer jai alai permit given to Calder in February of this year. The issue in the case, styled the Florida Horsemen’s Benevolent and Protective Association, Inc. […]

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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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Churchill Down Nixes Mississippi Casino Purchase; Presque Isle Deal Still In Place

Churchill Downs Incorporated (“CDI” or the “Company”) announced that it has terminated its definitive purchase agreement to acquire substantially all of the assets and properties used in connection with the operation of Lady Luck Casino in Vicksburg, Mississippi ( the “Lady Luck Vicksburg Transaction”) and amended its previously announced definitive purchase agreement (the “Amendment”) to […]

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