LOUISVILLE

BDSA Forecasts Global Legal Cannabis Sales to Hit $58 Billion in 2028

Retrieved on: 
Wednesday, March 6, 2024

BDSA forecasts sales to grow at a compound annual growth rate (CAGR) of 10% from 2023 to 2028, resulting in a $58 billion market by 2028.

Key Points: 
  • BDSA forecasts sales to grow at a compound annual growth rate (CAGR) of 10% from 2023 to 2028, resulting in a $58 billion market by 2028.
  • The growth of legal cannabis sales has been largely driven by U.S. markets, and particularly fueled by the adult-use channel.
  • Globally, legal cannabis markets beyond the U.S. and Canada remain small, with BDSA estimating sales totaling just $2.4 billion in 2023.
  • Total international cannabis sales are forecast to grow at a CAGR of 24% through 2028, reaching $7 billion.

Signature HealthCARE’s “Legislative Lady” Honored Nationally as an Advocate for the Long- Term Care Industry and Its Patrons for Nearly Three Decades

Retrieved on: 
Tuesday, March 5, 2024

“They are having a positive impact within their organizations and within the industry, benefiting colleagues, residents, patients, and clients.

Key Points: 
  • “They are having a positive impact within their organizations and within the industry, benefiting colleagues, residents, patients, and clients.
  • We are delighted to recognize their accomplishments and look forward to honoring them in person soon.”
    Lawmakers on both sides of the isle, know Kathy Gallin.
  • For the past 18 years, Kathy has taken on and pioneered legislative affairs, healthcare issues, and health care policies on behalf of Signature HealthCARE and its predecessor company , Home Quality Management.
  • 7 years prior, she was a litigation paralegal for a large multi-office law firm defending skilled nursing facilities throughout Florida.

Churchill Downs Incorporated Announces Exacta Expansion in New Hampshire

Retrieved on: 
Monday, March 4, 2024

LOUISVILLE, Ky., March 04, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” or the “Company”) announced today that Exacta Systems® (“Exacta”) has completed the installation of 175 Exacta-technology driven terminals at The Brook in Seabrook, New Hampshire.

Key Points: 
  • LOUISVILLE, Ky., March 04, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” or the “Company”) announced today that Exacta Systems® (“Exacta”) has completed the installation of 175 Exacta-technology driven terminals at The Brook in Seabrook, New Hampshire.
  • Exacta, acquired by CDI in August 2023, is a leading provider of central determinate system technology for historical racing machines (“HRMs”).
  • “We are pleased to partner with The Brook to expand Exacta’s industry leading HRM technology in New Hampshire,” said Bill Mudd, President and Chief Operating Officer of CDI.
  • “Our Exacta team is focused on growing our customers businesses by delivering the highest performing and most diverse gaming content available in the market.”

Texas Roadhouse, Inc. Appoints Jane Grote Abell to Board of Directors

Retrieved on: 
Friday, March 1, 2024

LOUISVILLE, Ky., March 01, 2024 (GLOBE NEWSWIRE) -- Texas Roadhouse, Inc. (Nasdaq: TXRH) announced today that Jane Grote Abell has been appointed to the Company’s Board of Directors.

Key Points: 
  • LOUISVILLE, Ky., March 01, 2024 (GLOBE NEWSWIRE) -- Texas Roadhouse, Inc. (Nasdaq: TXRH) announced today that Jane Grote Abell has been appointed to the Company’s Board of Directors.
  • This increases the size of the board to nine members.
  • Ms. Abell is currently the Executive Chairwoman of the Board of Directors and Chief Purpose Officer for Donatos Pizza, a Columbus, Ohio based premium pizza concept with over 460 locations in 29 states.
  • Jerry Morgan, Texas Roadhouse Chief Executive Officer, commented, “We are excited to have Jane join our Board of Directors.

BrightSpring Health Services, Inc. Reports Financial Results for Fourth Quarter and Full Year 2023 and Provides Full Year 2024 Guidance

Retrieved on: 
Thursday, February 29, 2024

LOUISVILLE, Ky., Feb. 29, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG) announced today financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • LOUISVILLE, Ky., Feb. 29, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG) announced today financial results for the fourth quarter and full year ended December 31, 2023.
  • We positively impact hundreds of thousands of individuals living with complex health conditions through our complementary and high-quality services that improve outcomes and reduce cost.
  • Our consistent performance is reflective of our team’s ongoing commitment to provide better care access, coordination, and results for patients.
  • The Company has posted supplemental financial information on the fourth quarter results that it will reference during the conference call.

Sovos Brands Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

LOUISVILLE, Colo., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. (“Sovos Brands” or the “Company”) (Nasdaq: SOVO), one of the fastest-growing food companies of scale in the United States, today reported financial results for its fourth quarter and fiscal year ended December 30, 2023.

Key Points: 
  • FY 2023 Net Sales Surpassed $1 Billion; Accelerated Volume Growth Drove
    LOUISVILLE, Colo., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Sovos Brands, Inc. (“Sovos Brands” or the “Company”) (Nasdaq: SOVO), one of the fastest-growing food companies of scale in the United States, today reported financial results for its fourth quarter and fiscal year ended December 30, 2023.
  • "Our team delivered sector-leading, volume-driven top and bottom-line growth, surpassing $1 billion of net sales and $150 million of adjusted EBITDA, expanded margins by nearly 200 bps and improved net leverage to 1.6x.
  • Our success would not have been possible without our tenacious and highly talented team and partners who continue to execute with excellence every day."
  • Subject to the satisfaction or waiver of customary closing conditions, the Company continues to expect to complete the Merger within days of the March 11, 2024 expiration date.

Solid Power Full Year 2023 Results Reflect Strong Execution

Retrieved on: 
Tuesday, February 27, 2024

LOUISVILLE, Colo., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Solid Power, Inc. (Nasdaq: SLDP), a leading developer of solid-state battery technology, today announced its operational and financial results for the full year 2023 and provided its outlook and objectives for 2024.

Key Points: 
  • LOUISVILLE, Colo., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Solid Power, Inc. (Nasdaq: SLDP), a leading developer of solid-state battery technology, today announced its operational and financial results for the full year 2023 and provided its outlook and objectives for 2024.
  • “Solid Power delivered on several key strategic milestones in 2023, which strengthened our operational, technological, and competitive positioning,” said John Van Scoter, President and Chief Executive Officer of Solid Power.
  • “We are committed to solid execution to strengthen our leadership position in battery technology and deliver long-term shareholder value.”
    Revenue in 2023 was $17.4 million, an increase of $5.6 million compared to 2022, driven by continued execution under the company’s joint development agreements.
  • Solid Power remains in a strong liquidity position.

Creative Realities and IceBox Retail Media Network Partner to Revolutionize In-Store Advertising

Retrieved on: 
Tuesday, February 27, 2024

LOUISVILLE, Ky., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Digital signage and media solutions leader Creative Realities, Inc. (NASDAQ: CREX, CREXW) today announced its partnership with IceBox Network, a new ad-based network concept under digital out-of-home (DOOH) technology provider Digi Point Media, to revolutionize retail advertising with exclusive digital display placements atop ice suppliers across retail stores for the first time.

Key Points: 
  • LOUISVILLE, Ky., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Digital signage and media solutions leader Creative Realities, Inc. (NASDAQ: CREX, CREXW) today announced its partnership with IceBox Network, a new ad-based network concept under digital out-of-home (DOOH) technology provider Digi Point Media, to revolutionize retail advertising with exclusive digital display placements atop ice suppliers across retail stores for the first time.
  • Creative Realities’ media sales team will also play a supplemental role in connecting advertisers to the IceBox Network.
  • “We're thrilled to work with IceBox Network to create much-needed new opportunities for retail media,” said Lee Summers, President of Sports and Entertainment at Creative Realities.
  • For further information on Creative Realities and IceBox Network’s capabilities, visit https://cri.com/ and https://iceboxnetwork.com/ .

Churchill Downs Incorporated Announces Development Plans for Owensboro Racing & Gaming

Retrieved on: 
Wednesday, February 21, 2024

LOUISVILLE, KY., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” or the “Company”) announced today that the Company plans to open Owensboro Racing & Gaming in the first quarter of 2025 with 600 state-of-the-art historical racing machines (“HRMs”), a retail sportsbook, simulcast wagering, and multiple food and beverage offerings.

Key Points: 
  • LOUISVILLE, KY., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” or the “Company”) announced today that the Company plans to open Owensboro Racing & Gaming in the first quarter of 2025 with 600 state-of-the-art historical racing machines (“HRMs”), a retail sportsbook, simulcast wagering, and multiple food and beverage offerings.
  • Owensboro Racing & Gaming will be located on an approximately 20-acre site at the corner of US Highway 60 and Wrights Landing Road east of the City of Owensboro, Kentucky.
  • The projected spend for the development of Owensboro Racing & Gaming is $100 million.
  • The property will operate as an annex of Ellis Park Racing & Gaming (“Ellis Park”) and will support purse funding for Ellis Park’s traditional summer racing meet.

Churchill Downs Incorporated Announces The Rose Gaming Resort to Open with 1,650 HRMs by the end of September 2024

Retrieved on: 
Wednesday, February 21, 2024

LOUISVILLE, Ky., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” or the “Company”) announced today that the Company received approval from the Town of Dumfries to open Phase One of The Rose Gaming Resort (“The Rose”) with 1,650 historical racing machines (“HRMs”).

Key Points: 
  • LOUISVILLE, Ky., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” or the “Company”) announced today that the Company received approval from the Town of Dumfries to open Phase One of The Rose Gaming Resort (“The Rose”) with 1,650 historical racing machines (“HRMs”).
  • The Rose, located in Northern Virginia, is now scheduled to open by the end of September 2024.
  • The facility will also open with a 102-room hotel, eight food and beverage options and over 2,540 parking spaces.
  • “We are excited to announce that The Rose will open with 1,650 HRMs,” said Bill Carstanjen, CEO of CDI.