Tag: Churchill Downs
Churchill Downs shares surge 14% after report of first-quarter results
A year-to-year doubling of live and historical racing revenue fueled a first quarter of gains for Churchill Downs. The horse-track and... more
Churchill Downs tops Street forecasts in Q4; adjusted earnings fall short
Boosts from the Kentucky Derby, which set marks for virtually every material metric, and from properties acquired in its deal for Peninsula... more
Churchill Downs appoints Andréa Carter to board of directors
Churchill Downs Incorporated Friday announced the appointment of Andréa Carter to its board of directors. Carter, currently senior... more
Churchill Downs receives mixed-message stock rating
J.P. Morgan investment bankers initiated coverage of Churchill Downs with analyst Omer Sander taking a “neutral” stance on the stock. His... more
DraftKings enters multi-year agreement with Churchill Downs for pari-mutuel wagering
Placing bets on the Kentucky Derby just got a lot easier. Churchill Downs Tuesday announced that it has reached a multi-year agreement that... more
UPDATE: Churchill Downs completes $2.75 billion purchase of Peninsula Pacific assets
UPDATE 11/1/2022: Churchill Downs Incorporated Tuesday announced it has completed the previously announced purchase of substantially all of... more
Churchill Downs updates on deals, posts forecast-topping 3Q revenue
Churchill Downs rode the momentum of a new partnership with FanDuel and closed acquisitions into its earnings call Thursday. The racetrack... more
Kentucky: Churchill Downs completes definitive agreement to acquire Ellis Park for $79 million
UPDATE 9/27: Churchill Downs Inc. Monday announced the completion of its previously-announced purchase of Ellis Park Racing & Gaming... more
Churchill Downs sells share of United Tote subsidiary to New York Racing Association
Churchill Downs Incorporated Friday announced it has reached an agreement to sell 49% of its subsidiary United Tote Company to NYRA Content... more
Churchill Downs sets records for Kentucky Derby revenue and quarterly metrics, but misses Wall Street forecasts
An after-tax gain from the sale of land near Florida’s Calder Casino and record Kentucky Derby wagering fueled record second-quarter... more
