CDI
CDI looks to acquire after land sale boosts profit in Q2
Churchill Downs Incorporated (CDI) posted record revenue for the second quarter of 2022 following the recovery of its live and historical racing segment, while it…
Churchill Downs returns to profit as revenue grows 51.1% in 2021
Churchill Downs Incorporated (CDI) reported net revenue of $1.59bn (£1.19bn/€1.43bn) for its 2021 financial year ended 31 December, helped by consistent year-on-year increases in every…
CDI names Simon as new technology chief
Churchill Downs Incorporated (CDI) has announced the appointment of Nate Simon as its new senior vice president and chief technology officer. Replacing Ben Murr, who…
CDI appoints Murr to lead sports betting and igaming
Churchill Downs Incorporated (CDI) has promoted Ben Murr to president of online gaming and its TwinSpires sports betting brand. In his new role, Murr will…
Churchill Downs wins tender for Indiana casino development
Churchill Downs Incorporated’s (CDI) proposal to develop and operate a new land-based casino in the state has been selected in a tender process by the…
Gaming growth drives CDI to record revenue and net profit for third quarter
Churchill Downs Incorporated (CDI) saw revenue and net profit reach record levels in the third quarter of its 2021 financial year, primarily due to growth…
Churchill Downs sells Arlington Racecourse site to Chicago Bears for $200m
Churchill Downs Incorporated (CDI) has signed a purchase and sale agreement with NFL side Chicago Bears, which will see the latter obtain property in Arlington…
Indiana Gaming Commission receives four bids for Vigo County resort
The Indiana Gaming Commission has received proposals over the development of a casino resort in Vigo County from Churchill Downs Incorporated (CDI), Full House Resorts,…
Churchill Downs sees profit reach $144.4m in H1 as revenue rockets 91.6%
Churchill Downs Incorporated (CDI) returned to profit in the first half of its financial year as revenue almost doubled year-on-year following the easing of novel…
Sportradar scores sports betting partnership with CDI’s TwinSpires
Sportradar has entered a multi-year sports betting partnership with TwinSpires, the online sports wagering division of Churchill Downs Incorporated (CDI). Under the deal, Sportradar will…
Churchill Downs raises $500m through senior notes offering and term loan
Racing and gambling operator Churchill Downs Incorporated (CDI) has raised a total of $500m through a term loan and an offering of senior notes. Both…
US federal court approves Big Fish Washington settlement
A US federal court has approved a settlement agreed by Churchill Downs Incorporated, former owner of Big Fish Games, and its current owner Aristocrat Leisure,…
CDI swings to 2020 loss despite Q4 recovery
Racetrack and gaming operator Churchill Downs Incorporated (CDI) made a loss of $81.9m in 2020 as revenue dropped 207% to $1.05bn, but the business experienced…
State of the Union: NV, Penn, NBA and more
This week’s State of the Union, in partnership with Segev LLP, includes financial results from a variety of the US’s major regional casino players –…