Churchill Downs Incorporated

EXACTA SYSTEMS® TO POWER HISTORICAL HORSE RACING AT DERBY CITY GAMING DOWNTOWN IN LOUISVILLE, KY

Retrieved on: 
Thursday, December 7, 2023

BOYNTON BEACH, Fla., Dec. 7, 2023 /PRNewswire/ -- Exacta Systems® continues its steady growth in Historical Horse Racing (HHR) with system installation at Derby City Gaming Downtown in Louisville, KY.

Key Points: 
  • BOYNTON BEACH, Fla., Dec. 7, 2023 /PRNewswire/ -- Exacta Systems® continues its steady growth in Historical Horse Racing (HHR) with system installation at Derby City Gaming Downtown in Louisville, KY.
  • This new 43,000-square foot, world class gaming entertainment venue is owned and operated by Churchill Downs Incorporated, and will feature top titles from Everi, AGS, Incredible Technologies and Bluberi, all powered by the Exacta Connect® system.
  • "Exacta Systems is excited and proud to be launching our system in a Kentucky-based Churchill Downs Incorporated property," said Jeff Clifford, vice president of sales and revenue for Exacta Systems.
  • "This is certainly an exciting time for our entire team and we couldn't be happier than to have a partner like Exacta alongside us," said Garth Williams, general manager for Derby City Downtown.

Global Sports Betting Market to Grow by $139.26 Billion During 2023-2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 2, 2023

This study identifies the emergence of machine learning in sports betting as one of the prime reasons driving the sports betting market growth during the next few years.

Key Points: 
  • This study identifies the emergence of machine learning in sports betting as one of the prime reasons driving the sports betting market growth during the next few years.
  • Also, increasing popularity of e-sports tournaments and rising consolidation in sports betting market will lead to sizable demand in the market.
  • Also, the sports betting market analysis report includes information on upcoming trends and challenges that will influence market growth.
  • The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Churchill Downs Incorporated Enters into Agreement with bet365 to Offer Online Sports Betting and iGaming in Pennsylvania

Retrieved on: 
Monday, January 9, 2023

LOUISVILLE, Ky., Jan. 09, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) announced today that Presque Isle Downs & Casino (“Presque Isle”), the Company’s wholly-owned subsidiary, has entered into a multi-year agreement with a wholly-owned U.S. subsidiary of bet365 Group Ltd (“bet365") for online sports betting and iGaming market access in Pennsylvania, subject to necessary regulatory approvals.

Key Points: 
  • LOUISVILLE, Ky., Jan. 09, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) announced today that Presque Isle Downs & Casino (“Presque Isle”), the Company’s wholly-owned subsidiary, has entered into a multi-year agreement with a wholly-owned U.S. subsidiary of bet365 Group Ltd (“bet365") for online sports betting and iGaming market access in Pennsylvania, subject to necessary regulatory approvals.
  • “We are pleased to partner with a global leader in the online gaming industry,” said Bill Carstanjen, CEO of CDI.
  • “Our relationship with bet365 enables us to maximize the value of our company’s sports betting and iGaming market access in Pennsylvania.”
    The bet365 agreement is consistent with CDI’s strategy to exit the online sports and casino business, monetize the Company’s online sports and iGaming market access rights and remain focused on growing the TwinSpires online horseracing wagering business.
  • “Off the heels of our launch in Ohio, we are thrilled to announce our partnership with Churchill Downs Incorporated,” a bet365 spokesperson said.

EXACTA SYSTEMS SIGNS AGREEMENT WITH CHURCHILL DOWNS INCORPORATED

Retrieved on: 
Wednesday, December 21, 2022

BOYNTON BEACH, Fla., Dec. 21, 2022 /PRNewswire/ -- Exacta Systems announces today that it has entered into a definitive agreement with Churchill Downs Incorporated (CDI, NASDAQ: CHDN).

Key Points: 
  • BOYNTON BEACH, Fla., Dec. 21, 2022 /PRNewswire/ -- Exacta Systems announces today that it has entered into a definitive agreement with Churchill Downs Incorporated (CDI, NASDAQ: CHDN).
  • "We are very excited about this partnership," said Jeremy Stein, chief executive officer and president of Exacta Systems.
  • About Exacta Systems: Exacta Systems employs a pioneering technology driving growth in HHR.
  • About Churchill Downs, Incorporated: Churchill Downs Incorporated ("CDI",NASDAQ: CHDN) has been creating extraordinary entertainment experiences for nearly 150 years, beginning with the company's most iconic and enduring asset, the Kentucky Derby.

Skyward Specialty Appoints Two New Independent Directors to Board of Directors

Retrieved on: 
Wednesday, October 19, 2022

HOUSTON, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group Inc.TM ("Skyward Specialty" or the "Company"), a leader in the specialty property and casualty (P&C) market, elected Kate Terry and Marcia Dall to its Board of Directors effective immediately.

Key Points: 
  • HOUSTON, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group Inc.TM ("Skyward Specialty" or the "Company"), a leader in the specialty property and casualty (P&C) market, elected Kate Terry and Marcia Dall to its Board of Directors effective immediately.
  • "We are fortunate to add Marcia and Kate to the Board as both are highly-respected and seasoned executives, said Andrew Robinson, Skyward Specialtys CEO.
  • Skyward Specialty is a rapidly growing specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis.
  • Skyward Specialty's subsidiary insurance companies consist of Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company.

Churchill Downs Incorporated Enters into Multi-Year Agreement with FanDuel

Retrieved on: 
Thursday, September 8, 2022

LOUISVILLE, Ky., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced today a multi-year agreement (the “Agreement”) with FanDuel Group (“FanDuel”) involving multiple facets of FanDuel's sports wagering, advance deposit wagering (“ADW”) and television businesses.

Key Points: 
  • Agreement Includes Wagering Rights to Horse Racing Content, Totalizator Services, Certain Television and Media Rights and a Kentucky Derby Sponsorship
    LOUISVILLE, Ky., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (CDI) (Nasdaq: CHDN) announced today a multi-year agreement (the Agreement) with FanDuel Group (FanDuel) involving multiple facets of FanDuel's sports wagering, advance deposit wagering (ADW) and television businesses.
  • In addition, the Agreement provides FanDuel non-exclusive Kentucky Derby sponsorship rights within the sports wagering category.
  • FanDuel will also receive exclusive television rights to the racing content of all CDI thoroughbred racetracks, including Churchill Downs Racetrack, once its existing non-Derby media rights deal expires in 2023.
  • Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event, the Kentucky Derby.

Home Franchise Concepts, a JM Family Enterprises Company, Welcomes Andrew Skehan as New President and CEO

Retrieved on: 
Tuesday, June 21, 2022

Skehan is joining Home Franchise Concepts with nearly 40 years' experience working across several consumer-facing industries in both the U.S. and abroad.

Key Points: 
  • Skehan is joining Home Franchise Concepts with nearly 40 years' experience working across several consumer-facing industries in both the U.S. and abroad.
  • Skehan has also held executive-level roles at Popeyes Louisiana Kitchen, Wendys/Arby's International, Quiznos, Churchill Downs Incorporated and Nabisco.
  • Barrett, a member of JM Familys board of directors since 2012, was asked to serve as president and CEO of HFC in 2019, soon after JM Family acquired the company.
  • HFC is part of JM Family Holdings & Services, a subsidiary of JM Family Enterprises, Inc., a privately held company with $18 billion in revenue and more than 4,000 associates.

Churchill Downs Reduces Risk of Virus Transmission with Pyure Air & Surface Purification Technology

Retrieved on: 
Thursday, June 9, 2022

When the pandemic impacted its operations, CDI became a leader in the utilization of air and surface purification technology to reduce the risk of virus transmission, including COVID-19 and influenza, plus the spread of bacteria and molds.

Key Points: 
  • When the pandemic impacted its operations, CDI became a leader in the utilization of air and surface purification technology to reduce the risk of virus transmission, including COVID-19 and influenza, plus the spread of bacteria and molds.
  • Following the results of an independent study on the effectiveness of Pyure Dynamic Protection technology, the company has now committed to additional installations.
  • Pyure Technology reduces the viral load in the air by 99 percent in 20 minutes and below the limit of detection in 80 minutes, significantly reducing the risk of transmission.
  • In addition, each of the 112 suites at the famed Churchill Downs Racetrack is outfitted with Pyures high performance air purification system.

Sentient Jet Returns as the Preferred Private Aviation Partner of the Kentucky Derby® and Backs Derby and Oaks Favorites

Retrieved on: 
Wednesday, May 4, 2022

The Kentucky Derby is tradition at Sentient Jet which is why we are excited to be partnering with Winchell Thoroughbreds once again in supporting Epicenter and Echo Zulu come Oaks and Derby Day.

Key Points: 
  • The Kentucky Derby is tradition at Sentient Jet which is why we are excited to be partnering with Winchell Thoroughbreds once again in supporting Epicenter and Echo Zulu come Oaks and Derby Day.
  • As a strong supporter of the thoroughbred racing community, Sentient Jet was hand-selected as the first-ever private aviation partner of Churchill Downs and The Kentucky Derby.
  • Founded in 1999 and now an integral part of Directional Aviation, Sentient Jet is one of the leading private aviation companies in the country.
  • Kentucky Derby, Kentucky Oaks, Churchill Downs and the Twin Spires Design are registered trademarks of Churchill Downs Incorporated.

United States Online Gambling Market Forecasts: Compound Annual Growth of 12.47% Forecast with Market Set to Grow by by $2.22 billion during 2022-2026 - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 17, 2022

The online gambling market in the US is poised to grow by $2.22 billion during 2022-2026, decelerating at a CAGR of 12.47% during the forecast period.

Key Points: 
  • The online gambling market in the US is poised to grow by $2.22 billion during 2022-2026, decelerating at a CAGR of 12.47% during the forecast period.
  • The report on the online gambling market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as key vendor analysis.
  • This study identifies the growth in spending capability of customers another prime reason driving the online gambling market growth in US during the next few years.
  • Also, the online gambling market in US analysis report includes information on upcoming trends and challenges that will influence market growth.