Tag: Churchill Downs

12/08/22 6:19 PM

Churchill Downs receives mixed-message stock rating

  • David McKee, CDC Gaming
J.P. Morgan investment bankers initiated coverage of Churchill Downs with analyst Omer Sander taking a “neutral” stance on the stock. His... more
11/29/22 10:02 AM

DraftKings enters multi-year agreement with Churchill Downs for pari-mutuel wagering

  • Rege Behe, CDC Gaming
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
11/01/22 4:32 PM

UPDATE: Churchill Downs completes $2.75 billion purchase of Peninsula Pacific assets

  • Rege Behe, CDC Gaming
UPDATE 11/1/2022: Churchill Downs Incorporated Tuesday announced it has completed the previously announced purchase of substantially all of... more
10/28/22 10:57 AM

Churchill Downs updates on deals, posts forecast-topping 3Q revenue

  • Matthew Crowley, CDC Gaming
Churchill Downs rode the momentum of a new partnership with FanDuel and closed acquisitions into its earnings call Thursday. The racetrack... more
09/27/22 8:35 AM

Kentucky: Churchill Downs completes definitive agreement to acquire Ellis Park for $79 million

  • Rege Behe, CDC Gaming
UPDATE 9/27: Churchill Downs Inc. Monday announced the completion of its previously-announced purchase of Ellis Park Racing & Gaming... more
08/12/22 1:52 PM

Churchill Downs sells share of United Tote subsidiary to New York Racing Association

  • Rege Behe, CDC Gaming
Churchill Downs Incorporated Friday announced it has reached an agreement to sell 49% of its subsidiary United Tote Company to NYRA Content... more
07/29/22 2:19 AM

Churchill Downs sets records for Kentucky Derby revenue and quarterly metrics, but misses Wall Street forecasts

  • Matthew Crowley, CDC Gaming
An after-tax gain from the sale of land near Florida’s Calder Casino and record Kentucky Derby wagering fueled record second-quarter... more