Churchill Downs Incorporated
Record-breaking Derby Week lifts CDI Q2 figures
A record-breaking Kentucky Derby helped Churchill Downs Incorporated (CDI) to post record net revenue for a second successive quarter. Derby Week generated record revenue of…
Churchill Downs suspends racing amid safety concerns
Churchill Downs Incorporated (CDI) has suspended all racing activity at its Churchill Downs Racetrack in Kentucky due to concerns over the safety of horses. Racing…
CDI hails P2E acquisition impact as revenue hits record $559.5m in Q1
Churchill Downs Incorporated (CDI) said its acquisition of properties from Peninsula Pacific Entertainment (P2E) helped drive the operator to record net revenue in the first…
DraftKings launches DK Horse app in 12 states
DraftKings has announced that its horseracing product, DK Horse, has officially launched in 12 states – and is set to launch in several more before…
Revenue reached record $1.81bn at CDI in 2022
Churchill Downs Incorporated (CDI) achieved record revenue during its 2022 financial year, driven by the acquisition of new casino properties and the removal of pandemic-related…
Bet365 to enter Pennsylvania with CDI deal
Bet365 is set to expand into Pennsylvania, having entered an online sports betting and igaming market access deal with Churchill Downs Incorporated (CDI) subsidiary Presque…
CDI agrees to acquire HHR tech supplier Exacta Systems for $250m
Churchill Downs Incorporated (CDI) has entered a definitive agreement to acquire Exacta Systems, which provides technology to support historical horse racing (HHR) machines, for $250.0m.…
CDI adds Global Payments’ Carter to board
Churchill Downs Incorporated (CDI) has appointed Andréa Carter, senior executive vice president and chief human resources officer for Global Payments, to its board of directors.…
CDI to develop DraftKings horse racing offering
Race track and gaming business Churchill Downs Incorporated (CDI) has entered into a multi-year agreement with DraftKings to develop DK Horse, a parimutuel wagering horse…
CDI closes $2.75bn Peninsula Pacific Entertainment acquisition
Churchill Downs Incorporated (CDI) has completed its purchase of substantially all assets of Peninsula Pacific Entertainment (P2E) for total consideration of $2.75bn. The acquisition, agreed…
CDI posts record earnings in Q3 as P2E acquisition edges closer
Churchill Downs Incorporated (CDI) reported record adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in the third quarter, while the operator revealed that its…
CDI pens deal with FanDuel
Horse-racing and casino operator Churchill Downs Incorporated (CDI) has signed a content and sponsorship agreement with Flutter-owned FanDuel. The multi-year deal involves multiple areas…
CDI sells 49% stake of United Tote subsidiary to New York Racing Association
Churchill Downs Incorporated (CDI) has entered into an agreement to sell 49% of its United Tote Company subsidiary to the New York Racing Association (NYRA).…
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…