Tag: Churchill Downs
Kentucky HHR business surges in May
Gambling machines in Kentucky saw a 9.2 percent revenue increase in May on a same-store basis. That comparison excluded Churchill Downs’s... more
Maryland preempts Churchill Downs for Preakness, buys the IP rights for $85M
On June 19, the state of Maryland exercised an $85 million right of first refusal for the intellectual-property rights to the Preakness and... more
Wall Street Bets: Preakness Stakes, New Jersey gaming
Jefferies David Katz wrote about Maryland acquiring IP to Preakness Stakes on June 21: “The State of Maryland has elected to exercise its... more
Wall Street Bets: Las Vegas Strip, Churchill Downs, DraftKings, MGM Resorts
Truist Securities’ Barry Jonas examined the Las Vegas Strip on June 15: “Last week, we met with Las Vegas Strip and Locals operators... more
Virginia revision turns May HHR decline into gain
On Thursday, Virginia issued a revision of historical horse-racing machines (HHRs) and their revenue for May, due to “a reporting issue.”... more
Kentucky slot parlors up in April
Revenue from Kentucky’s historical horse racing machines (HHRs) was 8.5 percent higher on a same-store basis in April. That comparison... more
Wall Street Bets: Churchill Downs, New York OSB, Bally’s
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. David Katz of Jefferies on May 24 wrote that... more
Mixed results for Virginia HHR in April
On an unadjusted basis, revenue for Churchill Downs’s historical horse racing machines (HHR) in Virginia was up 2.6 percent in April 2026.... more
Wall Street analyst touts Churchill Downs after all-time Kentucky Derby week record for handle
A Wall Street analyst Sunday listed Churchill Downs as a market outperform with a $149 price target after an all-time record for Kentucky... more
Kentucky Derby is a 20-horse puzzle – no clear favorite and plenty of contenders
LOUISVILLE, Ky. (AP) — The chaos at the start of the Kentucky Derby sometimes decides the most exciting two minutes in sports in a matter... more



