Kentucky: For Churchill Downs, Derby City Gaming brings in casino-level money, spurring new $76M investment

Kentucky: For Churchill Downs, Derby City Gaming brings in casino-level money, spurring new $76M investment

Article brief provided by WDRB-TV
  • Chris Otts, WDRB-TV
July 29, 2021 10:44 PM
  • Chris Otts, WDRB-TV

    Derby City Gaming is not a casino, but you’d be hard-pressed to tell the difference — whether looking at the slots-like gaming machines or the money generated for its parent company, Churchill Downs.

    In fact, the Louisville facility, which offers about 1,000 “historical horse racing” machines, generated more revenue in the April-June quarter than any of the eight actual casinos that Churchill Downs operates in other states, according to Churchill Downs’ quarterly results released Wednesday.

    That’s despite lacking actual slot machines, table games, sports betting and other casino features that aren’t legal in Kentucky.

    It’s the first time since Derby City Gaming debuted in 2018 that the Poplar Level Road venue was Churchill Downs’ top-grossing property on a quarterly basis, according to a WDRB News analysis of regulatory filings.