Tag: Churchill Downs
Wall Street Bets: Churchill Downs, MGM, Sportradar, Macau
Truist Securities’ Barry Jonas looked at Churchill Downs on July 30: “Management laid out its growth outlook for Derby 2027 (and... more
After record revenue for second-quarter, Churchill Downs plans to put nine properties on the market
Churchill Downs on Wednesday posted record financials for the second quarter, with $980 million in revenue and EBIDTA of $477 million.... more
Churchill Downs reports record quarterly revenue of $980 million
Churchill Downs reported revenue of a record $980 million for the second quarter, a year-over-year increase of $46 million, or 5%. Net... more
New York: JCM Global installs LED walls at del Lago Resort showroom
JCM Global recently installed four LED walls at The Vine Showroom at del Lago Resort & Casino in Waterloo, New York, a Churchill Downs... more
Petersburg’s temporary casino impacts June HHR revenue in Virginia
Revenue from historical horse racing (HHR) in Virginia was almost flat in June, a half-percentage point down from the same period in 2025.... more
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

