CHDN

Churchill Downs Incorporated Closes on Sale of 49% of United Tote Company to the New York Racing Association, Inc.

Retrieved on: 
Monday, April 8, 2024
NYRA, CHDN, Sale, CDI

LOUISVILLE, Ky., April 08, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” or the “Company”) announced today that the Company closed on the sale of 49% of United Tote Company (“United Tote”), a wholly-owned subsidiary of CDI, to NYRA Content Management Solutions, LLC, a subsidiary of the New York Racing Association, Inc. (“NYRA”).

Key Points: 
  • LOUISVILLE, Ky., April 08, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” or the “Company”) announced today that the Company closed on the sale of 49% of United Tote Company (“United Tote”), a wholly-owned subsidiary of CDI, to NYRA Content Management Solutions, LLC, a subsidiary of the New York Racing Association, Inc. (“NYRA”).

Churchill Downs Incorporated Opens Terre Haute Casino Resort in Terre Haute, Indiana

Retrieved on: 
Friday, April 5, 2024
Coffee, CHDN, Restaurant, CDI, Tourism

LOUISVILLE, Ky., April 05, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today the opening of Terre Haute Casino Resort in Terre Haute, Indiana. The $290 million investment includes a casino floor with 1,000 slot machines, 36 table games and a state-of-the-art sportsbook. The 400,000-square-foot entertainment venue also features regionally inspired bars and restaurants including: Four Cornered Steakhouse, Rockwood Bar & Grill, The Soda Shoppe, Crossroads Center Bar and High Limit Bar.

Key Points: 
  • LOUISVILLE, Ky., April 05, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today the opening of Terre Haute Casino Resort in Terre Haute, Indiana.
  • The $290 million investment includes a casino floor with 1,000 slot machines, 36 table games and a state-of-the-art sportsbook.
  • “Today’s grand opening of Terre Haute Casino Resort is a time to reflect on the promises Churchill Downs made, kept and delivered for this community,” said Bill Carstanjen, CEO of CDI.
  • The development of Terre Haute Casino Resort generated nearly 1,000 construction jobs and approximately 550 permanent full-time and part-time jobs.

Churchill Downs Incorporated Announces Exacta Expansion in New Hampshire

Retrieved on: 
Monday, March 4, 2024
IGT, Everi Holdings, AGS, Incredible Technologies, CDI, HRM, CHDN, Parimutuel betting

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.”

Churchill Downs Incorporated Announces Development Plans for Owensboro Racing & Gaming

Retrieved on: 
Wednesday, February 21, 2024
City, CDI, Kentucky Derby, CHDN

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
Food, Town, CDI, CHDN

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.

Churchill Downs Incorporated Announces SAP as an Official Signature Partner of the Kentucky Derby

Retrieved on: 
Thursday, February 8, 2024
SAP, CDI, Partnership, Growth, CHDN, App Store (iOS/iPadOS), Kentucky Derby, Maple syrup

LOUISVILLE, Ky., Feb. 8, 2024 /PRNewswire/ -- Churchill Downs Incorporated (Nasdaq: CHDN, "CDI," or the "Company") announced today a multi-year agreement naming SAP America, Inc. (NYSE: SAP, "SAP") an official signature partner of Churchill Downs Racetrack ("Churchill Downs"). SAP, a global market leader in enterprise application software, will be the first official technology partner serving Churchill Downs Racetrack, the Kentucky Derby, and Kentucky Oaks. The partnership also includes naming rights for the SAP Starting Gate Suites, a tower of premium, exclusive suites, and designation as the presenting partner of the Kentucky Derby and Churchill Downs mobile applications.

Key Points: 
  • LOUISVILLE, Ky., Feb. 8, 2024 /PRNewswire/ -- Churchill Downs Incorporated (Nasdaq: CHDN, "CDI," or the "Company") announced today a multi-year agreement naming SAP America, Inc. (NYSE: SAP, "SAP") an official signature partner of Churchill Downs Racetrack ("Churchill Downs").
  • SAP, a global market leader in enterprise application software, will be the first official technology partner serving Churchill Downs Racetrack, the Kentucky Derby, and Kentucky Oaks.
  • The partnership also includes naming rights for the SAP Starting Gate Suites, a tower of premium, exclusive suites, and designation as the presenting partner of the Kentucky Derby and Churchill Downs mobile applications.
  • "We are thrilled to welcome SAP as a signature partner of Churchill Downs and the Kentucky Derby," said Bill Carstanjen, Chief Executive Officer of CDI.

Churchill Downs Incorporated Announces SAP as an Official Signature Partner of the Kentucky Derby

Retrieved on: 
Thursday, February 8, 2024
SAP, CDI, Partnership, Growth, CHDN, App Store (iOS/iPadOS), Kentucky Derby, Maple syrup

LOUISVILLE, Ky., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” or the “Company”) announced today a multi-year agreement naming SAP America, Inc. (NYSE: SAP, “SAP”) an official signature partner of Churchill Downs Racetrack (“Churchill Downs”).

Key Points: 
  • LOUISVILLE, Ky., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” or the “Company”) announced today a multi-year agreement naming SAP America, Inc. (NYSE: SAP, “SAP”) an official signature partner of Churchill Downs Racetrack (“Churchill Downs”).
  • SAP, a global market leader in enterprise application software, will be the first official technology partner serving Churchill Downs Racetrack, the Kentucky Derby, and Kentucky Oaks.
  • The partnership also includes naming rights for the SAP Starting Gate Suites, a tower of premium, exclusive suites, and designation as the presenting partner of the Kentucky Derby and Churchill Downs mobile applications.
  • “We are thrilled to welcome SAP as a signature partner of Churchill Downs and the Kentucky Derby,” said Bill Mudd, President and Chief Operating Officer of CDI.

Churchill Downs Incorporated Announces Repurchase of One Million Shares for $123.75 per Share

Retrieved on: 
Monday, December 18, 2023
Share repurchase, CHDN, CDI

LOUISVILLE, Ky., Dec. 18, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) announced today that the Company has agreed to repurchase 1,000,000 shares of its common stock for $123.75 per share from an affiliate of The Duchossois Group, Inc. in a privately negotiated transaction.

Key Points: 
  • LOUISVILLE, Ky., Dec. 18, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) announced today that the Company has agreed to repurchase 1,000,000 shares of its common stock for $123.75 per share from an affiliate of The Duchossois Group, Inc. in a privately negotiated transaction.
  • The aggregate purchase price is $123.75 million.
  • CDI will repurchase the shares using available cash and borrowings under its senior secured credit facility.
  • The repurchase transaction was authorized by the CDI Board of Directors and is separate from its existing share repurchase program.

Churchill Downs Incorporated Opens Rosie’s Gaming Emporium in Emporia, Virginia

Retrieved on: 
Tuesday, September 26, 2023
CDI, Machine, CHDN, Colonial Downs, City, Community, Interstate 95, Interstate Highway System, Family, Video game, School, Commonwealth

EMPORIA, Va., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI”) (NASDAQ: CHDN) announced today the opening of the newest Rosie’s Gaming Emporium in Emporia, Virginia (“Rosie’s Emporia”).

Key Points: 
  • EMPORIA, Va., Sept. 26, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI”) (NASDAQ: CHDN) announced today the opening of the newest Rosie’s Gaming Emporium in Emporia, Virginia (“Rosie’s Emporia”).
  • Rosie’s Emporia is located on West Atlantic Street, convenient to Interstate 95 and features 150 Historical Racing Machines (“HRMs”), simulcast horse racing, a restaurant and bar.
  • “The Emporia location builds on CDI’s commitment to providing top-quality jobs and generating significant tax revenues across the Commonwealth while delivering quality entertainment.”
    Rosie’s in Emporia will create more than 100 full and part-time jobs and generate approximately $1 million in annual tax revenue for the City of Emporia.
  • Since the opening of the first Rosie’s five years ago, more than $400 million has been invested in Rosie’s and Colonial Downs across the Commonwealth of Virginia creating over 1,200 new jobs and now contributing $54 million a year in state and local tax revenue.

Churchill Downs Incorporated to Open Six Race and Sports Books at Kentucky Properties on September 7

Retrieved on: 
Wednesday, August 23, 2023
Sport, CDI, Partnership, Tourism, Kentucky Horse Racing Commission, CHDN, Churchill Downs, FanDuel, EDT, History, Economic development, Kentucky General Assembly, HRM

CDI properties across Kentucky will host grand opening events featuring ribbon-cutting celebrations, themed food and beverage offerings and discounts as well as sports wagering promotions.

Key Points: 
  • CDI properties across Kentucky will host grand opening events featuring ribbon-cutting celebrations, themed food and beverage offerings and discounts as well as sports wagering promotions.
  • To commemorate the opening day of retail sports betting, Governor Beshear will place the first ceremonial sports wager in the state of Kentucky at Churchill Downs Racetrack at 10 a.m. EDT.
  • For specific details, promotions and hours of operation, please visit the property Race and Sports Book websites below.
  • CDI’s retail Race and Sports Books opening on September 7, include:
    Derby City Gaming & Hotel: 15 sports betting kiosks, 300 sq.