Petition seeks to put Rosie's Gaming Emporium referendum before Amherst voters in November
Supporters are pushing for a referendum in Amherst County this November to allow pari-mutuel wagering, potentially leading to a Rosie's Gaming Emporium. Churchill Downs Incorporated has filed a petition, and organizers need to collect signatures from approximately 1,200 registered voters to get the issue on the ballot. While a similar referendum failed in 2021, residents have mixed opinions on the proposal, with some citing economic benefits and others expressing concerns about increased crime rates.
Churchill Downs Pursues Two New Virginia Gaming Sites as Pulaski Sees Economic Opportunity
Churchill Downs Inc. is seeking to expand its Rosie's Gaming Emporium presence in Virginia by pursuing two new sites in Pulaski and Amherst County. Each location requires a petition with signatures from at least five percent of qualified voters to trigger a public referendum. Pulaski Town Manager Todd Day advocates for the project, citing potential annual revenue of $1 million for the town and economic growth, while Amherst County previously rejected a similar proposal in 2021.
Churchill Downs (CHDN) director granted 383.48 phantom share units
Douglas C. Grissom, a director at Churchill Downs Inc. (CHDN), was awarded 383.48 phantom share units as part of a deferred compensation election. These units are economically equivalent to common stock shares and will be delivered upon his completion of service as a director. This award increases his total share-equivalent units to 43,005.77, comprising restricted stock units, phantom units, and related dividend equivalents.
Purses up, handle down for first half of year
In the first half of 2026, horse racing experienced a 4.5% decline in handle to $5.58 billion, despite a 1.3% increase in purses to $594 million. This marks the sixth consecutive year of declining handle juxtaposed with rising purses, with handle down 10.7% from 2021 while purses are up 18.3%. Kentucky tracks like Keeneland and Churchill Downs were notable exceptions, showing per-race handle increases, contributing to a 4.5% gain for Kentucky while other tracks saw a 6.6% decline.
Gallop for Good Raises More Than $300,000 for Aftercare
The inaugural "Gallop for Good: From Race to Retirement" campaign, organized by Churchill Downs Incorporated, successfully raised over $303,000 to benefit 75 Thoroughbred aftercare nonprofit organizations across the United States. The one-day online giving event generated more than 575 donations and included $150,000 in support from CDI, aiming to help retired racehorses transition to new careers and receive lifelong care. Participating organizations like Second Stride and the Thoroughbred Transition Project lauded the campaign for its significant fundraising impact and increased awareness for aftercare initiatives.
Gallop for Good Raises More Than $300,000 to Support Thoroughbred Aftercare Organizations Nationwide
Churchill Downs Incorporated announced that its inaugural "Gallop for Good: From Race to Retirement" campaign successfully raised over $303,000. These funds will benefit 75 Thoroughbred aftercare nonprofit organizations across the U.S., supporting retired racehorses with second careers, rehabilitation, and long-term care. The one-day online fundraising event saw contributions from over 450 donors, including a significant $150,000 from CDI, highlighting a collective commitment to the welfare of Thoroughbreds after their racing careers.
Churchill spring-summer meet ends with record handle
Churchill Downs racetrack concluded its 2026 spring-summer meeting with a record total handle of $790,268,661, marking a 3.9% increase from the previous year. This record handle follows a significant bump in purses, which rose by 5.5% to $62,814,000. The track also set a new record with 108 turf races run during the meeting, showcasing improved turf course safety and performance.
Churchill spring-summer meet ends with record handle
Churchill Downs racetrack concluded its 2026 spring-summer meeting with a record total handle of $790,268,661, marking a 3.9% increase from the previous year. This achievement follows record purse offerings for the third consecutive year, which were up 5.5% to $62,814,000. The track also set a new record with 108 turf races, demonstrating consistent growth and strong support from horsemen and bettors.
Why Churchill Downs started a new campaign to support retired racehorses
Churchill Downs has launched a new online giving campaign called "Gallop for Good: From Race to Retirement" to support Thoroughbred aftercare nonprofits. This initiative, coinciding with Stephen Foster Day, aims to help retired racehorses transition into second careers and ensure their dignified lifetime care, addressing the common question of what happens to horses after their racing days are over. The first fundraiser already raised over $300,000, benefiting organizations like the Thoroughbred Retirement Foundation and Second Stride, Inc.
Enterprise value to EBITDA forward of Churchill Downs, Incorporated – NASDAQ:CHDN
This article provides financial data for Churchill Downs, Incorporated (NASDAQ: CHDN), specifically focusing on its enterprise value to forward EBITDA. It presents this key financial metric within the context of the company's profile on TradingView. The page appears to be a financial data snippet rather than a detailed analytical report.
Visiting and Betting Ellis Park: Tips for Cashing Tickets, and What to Know About the Track
This article provides tips for visiting and betting at Ellis Park for its 2026 summer meet, which kicks off on July 2nd. It details major race dates, betting options, insights into top jockeys and trainers, and analysis of track trends for both dirt and turf races. The piece also describes the family-friendly, laid-back atmosphere of Ellis Park and suggests local amenities and attractions in the Henderson and Evansville areas.
Price to earnings forward of Churchill Downs Incorporated – GETTEX:CHR
The article presents the "Price to earnings forward" metric for Churchill Downs Incorporated (CHR) on GETTEX. It includes a table displaying the period, value, change, and percentage change for this financial indicator. The content is primarily a financial data display from TradingView.
Enterprise value to EBIT forward of Churchill Downs, Incorporated – NASDAQ:CHDN
This article presents the enterprise value to EBIT forward for Churchill Downs, Incorporated (NASDAQ:CHDN). It shows the period, value, and percentage change. The data is provided by FactSet and ICE Data Services.
Churchill Downs Closing Day Stakes Recap and Quotes: Nu What's New Wires Field in Grade III, $298,000 Hanshin
Churchill Downs concluded its 44-day Spring Meet with four stakes races, highlights including Nu What's New winning the $298,000 Hanshin Stakes, Deep Flame dominating the $250,000 Maxfield Stakes, Blessed Flyer taking the $219,665 Bashford Manor, and Pierette remaining undefeated in the $222,830 Debutante. The event also saw Irad Ortiz Jr. secure his first local riding title, Joe Sharp his second consecutive Spring Meet training title, and David Jacobson his second title as an owner.
Truist Reaffirms Bullish Outlook on Churchill Downs (CHDN) Amid Derby Growth Prospects
Truist Securities has reiterated its Buy rating and a $145 price target for Churchill Downs (CHDN), with management expressing optimism regarding year-over-year growth and the future expansion of Derby Week. Stifel also reaffirmed its Buy rating and a $139 price target, noting increasing investor inquiries about a potential sale of CHDN's regional gaming operations. Churchill Downs operates in racing, online wagering, and gaming entertainment, with the Kentucky Derby as its flagship event.
Truist Reaffirms Bullish Outlook on Churchill Downs (CHDN) Amid Derby Growth Prospects
Truist Securities has reiterated its Buy rating and a $145 price target for Churchill Downs (CHDN), citing optimistic expectations for year-over-year Derby Week expansion. Management also expressed openness to M&A proposals, although they do not consider recent industry actions as comparable. Stifel also reaffirmed its Buy rating with a $139 price target, noting broader strategic optionality despite no current M&A conversations.
Churchill Downs Inc Shs Unsponsored Brazilian Depositary Receipt Repr 0.05 Sh
This page provides financial actuals and estimates for Churchill Downs Inc Shs Unsponsored Brazilian Depositary Receipt Repr 0.05 Sh (C2HD34) on the BMFBOVESPA exchange. Users can explore reported financial data and analyst estimates across various financial statements and visualize trends over time. The platform also offers disclaimers stating that the information is not investment advice.
Town Manager: Potential exists for Rosie’s Gaming Emporium to come to Pulaski
Pulaski Town Manager Todd Day announced a potential opportunity for a Rosie's Gaming Emporium, owned by Churchill Downs Inc., to be located in Pulaski. The project is in preliminary stages, requiring voter signatures for a potential November ballot decision. Day believes this venture would be a "game changer" for the local economy, generating revenue, creating jobs, and benefiting existing businesses.
Stablemates Sovereignty, Baeza Continue Stephen Foster Preparations
Godolphin’s reigning Horse of the Year, Sovereignty, and G1 winner Baeza are continuing their preparations for the $2 million Stephen Foster (G1) race at Churchill Downs. Both horses, trained by Mott, galloped and schooled in the paddock on Thursday. Sovereignty, the 6-5 morning-line favorite, will make his first start since winning last year’s Kentucky Derby, while Baeza seeks a cleaner start after a troubled third in his last race.
Derby City Gaming Hotel Supports Wesley House Back-to-School Bash
Derby City Gaming Hotel donated $2,500 to Wesley House Community Services for their Annual Back-to-School Bash. This event, serving over 500 children and families, provides essential school supplies and resources. Wesley House Community Services has been a vital part of Louisville's Preston Corridor community for over a century, offering programs that support education, youth enrichment, and workforce development.
Churchill Downs is Spending Nearly $1 Billion for Kentucky Derby Renovations
Churchill Downs is embarking on a nearly $1 billion renovation project focusing on enhancing premium experiences for the Kentucky Derby through 2028. Phased improvements target the grandstand, infield, and Skye Terrace, replacing existing seating with more luxurious options and building permanent structures for infield suites. While the primary focus is on high-end offerings, the plans also include a new infield tunnel and upgraded general admission facilities to improve overall guest experience.
Rosie’s Gaming Emporium Supports Emporia Mobile Food Pantry
Rosie's Gaming Emporium supported the June Mobile Food Pantry in Emporia, Virginia, providing food assistance to 355 households, totaling 888 people. Team members and volunteers helped distribute food, demonstrating Rosie's commitment to addressing food insecurity and strengthening local communities. This initiative is part of an ongoing monthly effort to provide critical resources in Southern Virginia.
Churchill Downs Incorporated Announces State of Maryland’s Decision to Acquire the Preakness IP Rights
Churchill Downs Incorporated (CDI) announced that the State of Maryland intends to acquire the intellectual property rights for the Preakness Stakes and Black-Eyed Susan Stakes from 1/ST Maryland LLC for $85 million. This decision comes as Maryland exercises its rights to match CDI's previously announced agreement to purchase these rights. CDI expressed understanding for the state's move and reiterated its commitment to working with Maryland leaders to realize the potential of a redeveloped Pimlico and the Preakness Stakes.
Churchill Downs Incorporated 2026 Second Quarter Financial Results Conference Call Invitation
Churchill Downs Incorporated (CDI) announced it will release its second-quarter 2026 financial results after market close on Wednesday, July 29, 2026. The company will host a conference call to discuss these results on Thursday, July 30, 2026, at 9 a.m. ET. Investors can access the webcast or register for the teleconference to participate.
Maryland Buys Out Churchill's Interest in the Preakness
The state of Maryland has matched Churchill Downs Inc.'s $85 million offer to acquire the intellectual property rights to the Preakness Stakes, ensuring complete state control over the race. This move is part of Maryland's plan to revitalize its horse racing industry, including rebuilding Pimlico Race Course and making the Preakness a global, "bucket-list" event. By owning the rights, the new Maryland Jockey Club will retain all profits from Preakness weekend, rather than paying a fee to 1/ST Racing or CDI.
READER’S VIEW: Galloping for good: A new way to honor and provide aftercare for New York’s thoroughbreds
This article highlights the critical need for thoroughbred aftercare once their racing careers conclude, emphasizing that their welfare responsibility extends beyond the track. It showcases New York-based organizations like the Thoroughbred Retirement Foundation and Therapeutic Horses of Saratoga that provide rehabilitation, new careers, and sanctuary for retired racehorses. The piece also introduces Churchill Downs Incorporated's "Gallop for Good" initiative, a national online giving campaign aimed at funding these vital grassroots aftercare programs.
Maryland will own Preakness brand after matching Churchill Downs’ $85 million offer
Maryland will acquire the Preakness Stakes' intellectual property for $85 million, matching an offer made by Churchill Downs. This move by Gov. Wes Moore's administration ensures the state, rather than a private entity, will own the rights to the Preakness name and branding, replacing a previous annual payment agreement. The funding will come from bonds issued by the Maryland Economic Development Corp., with revenue from the racing industry slated to pay off the debt over 30 years, securing Maryland's position in the Triple Crown.
Maryland Jockey Club & Churchill Downs Release Statements Regarding Preakness Stakes
The Maryland Jockey Club (TMJC) and Churchill Downs (CDI) have issued statements concerning the State of Maryland's decision to acquire the intellectual property rights for the Preakness Stakes and Black-Eyed Susan Stakes. TMJC applauds Governor Moore's action, ensuring the races remain in Maryland's hands, and commits to advancing Maryland racing with a reimagined Pimlico and new training center. CDI acknowledges the state's decision and expresses a continued commitment to working with Maryland to realize the potential of a redeveloped Pimlico and the Preakness.
Churchill Downs Inc. to no longer purchase rights to Preakness Stakes
Churchill Downs Inc. has announced it will no longer purchase the intellectual property rights to the Preakness Stakes and Black-Eyed Susan Stakes. This decision comes after the state of Maryland informed Churchill Downs of its intention to exercise state law rights to acquire the intellectual property from 1/ST Maryland LLC, matching Churchill's $85 million purchase price. Churchill Downs expressed its commitment to working with Maryland leaders on the redevelopment of Pimlico and the Preakness Stakes.
Cornucopian Leads Stephen Foster Undercard Nominees On Busy Churchill Tab
Several horses nominated for stakes races on the upcoming Stephen Foster Day program at Churchill Downs progressed in their preparations. Graded stakes winners Cornucopian and Mercante were among 117 horses that recorded published workouts. Cornucopian, winner of the Aristides Stakes, breezed five furlongs and may enter the Bango Stakes, while Mercante, former winner of the TwinSpires Kentucky Cup Classic, worked a half-mile and is nominated for the Wise Dan Stakes.
Maryland moves to match Churchill Downs' $85M Preakness bid
Maryland has formally announced its intent to match Churchill Downs' $85 million bid for the intellectual property rights of the Preakness Stakes and Black-Eyed Susan Stakes. This move will ensure that ownership of these iconic racing assets remains with the state, securing Maryland's control over its multibillion-dollar horseracing industry and avoiding escalating licensing costs. The acquisition will be funded through a tax-exempt revenue bond issuance, not general fund tax dollars, signifying a commitment to the industry's long-term health and community benefit.
State will spend $85 million to retain rights to Preakness, Black-Eyed Susan stakes
Maryland has committed $85 million to secure the intellectual property rights for the Preakness Stakes and Black-Eyed Susan Stakes, preventing their sale to the owners of the Kentucky Derby. This investment, funded by tax-exempt revenue bonds with repayment from race revenues, is part of Maryland's broader strategy to assert control over its horse racing industry, including major renovations at Pimlico and the acquisition of Laurel Park. While Governor Moore hails the deal as vital for the state's heritage and economy, Senate Minority Leader Steve Hershey has criticized the move, citing significant financial risk to taxpayers and questioning the state's business strategy compared to a potential partnership with Churchill Downs Inc.
Maryland exercises its right to match an $85 million offer to keep Preakness branding rights
Maryland Governor Wes Moore announced the state will exercise its right to match Churchill Downs' $85 million offer for the branding rights to the Preakness Stakes and Black-Eyed Susan Stakes. This decision aims to secure the future of horse racing in Maryland, with funding coming from a tax-exempt revenue bond, not general fund tax dollars. The state is also investing in a major reconstruction project at Pimlico Race Course, the traditional home of the Preakness.
Churchill Downs sets July 30 call for second-quarter results
Churchill Downs Incorporated (CHDN) announced it will release its Q2 2026 financial results after market close on July 29, 2026, followed by a conference call on July 30, 2026, at 9 a.m. ET. Investors can access the call via webcast or by registering for a teleconference. The announcement continues the company's regular earnings call cadence, with historical data suggesting minimal stock price reaction to such invitations.
Churchill Downs Inc. to no longer purchase rights to Preakness Stakes
Churchill Downs Inc. will no longer be purchasing the rights to the Preakness Stakes. This decision comes after Maryland matched Churchill's proposed purchase price of $85 million. The article was updated on June 18, 2026, at 12:00 PM EDT.
Scratched: Churchill Downs' Preakness IP deal thwarted
The state of Maryland has successfully exercised its right to match Churchill Downs Inc.'s proposed purchase, thereby thwarting Churchill Downs' deal for the intellectual property rights of the Preakness Stakes and Black-Eyed Susan Stakes. This decision means Churchill Downs will not acquire the rights to these significant horse racing events. The article reports on this recent development, which occurred on June 18, 2026.
Churchill Downs Inc. to no longer purchase rights to Preakness Stakes
Churchill Downs Inc. will no longer purchase the intellectual property rights to the Preakness Stakes and Black-Eyed Susan Stakes. The state of Maryland exercised its right under state law to acquire the rights for $85 million, matching Churchill's previous offer. Despite this, Churchill Downs Inc. stated its commitment to working with Maryland leaders to redevelop Pimlico and the Preakness Stakes.
Maryland matches Churchill Downs' $85 million offer for Preakness Stakes
Maryland has exercised its right of first refusal to match Churchill Downs' $85 million offer to acquire the intellectual property rights for the Preakness Stakes from 1/ST Racing. Governor Wes Moore announced the decision, emphasizing the race's significance to Maryland's history, culture, and economy, and securing its long-term future within the state. This move reverses an earlier agreement where Churchill Downs Inc. intended to purchase the rights.
Churchill Downs Incorporated Announces State of Maryland’s Decision to Acquire the Preakness IP Rights
Churchill Downs Incorporated announced that the State of Maryland intends to acquire the intellectual property rights for the Preakness Stakes and Black-Eyed Susan Stakes from 1/ST Maryland LLC for $85 million. This decision matches CDI's previously announced agreement to purchase these rights. CDI expressed commitment to working with Maryland officials to realize the full potential of a redeveloped Pimlico and the Preakness Stakes.
Maryland moves to buy Preakness trademarks for $85M
The State of Maryland has informed Churchill Downs Incorporated (CHDN) of its intent to acquire the intellectual property rights for the Preakness Stakes and Black-Eyed Susan Stakes for $85 million. This action by Maryland exercises its statutory rights, matching the purchase price of CDI's previously announced acquisition of these rights from 1/ST Maryland LLC. Churchill Downs has stated its commitment to collaborating with Maryland leaders on the redevelopment of Pimlico and the future of the Preakness Stakes within the Triple Crown.
Churchill Downs Inc. no longer buying Preakness brand
Churchill Downs Inc. will no longer acquire the intellectual property rights to the Preakness Stakes and Black-Eyed Susan Stakes, a deal initially announced for $85 million. The State of Maryland has intervened, exercising its rights to match Churchill's offer and acquire the IP as a state-owned asset. Churchill Downs CEO Bill Carstanjen expressed understanding for Maryland's decision and affirmed the company's commitment to collaborating on the redevelopment of Pimlico and the future of the Preakness Stakes within the Triple Crown series.
Consumer Discretionary - Gaming Solutions Stocks Q1 Highlights: Churchill Downs (NASDAQ:CHDN)
This article reviews the Q1 performance of several consumer discretionary gaming solutions stocks, noting a strong quarter for the sector overall with revenues beating analyst estimates by 2.9%. While Churchill Downs (CHDN) had a satisfactory quarter with revenues up 3.2% year-on-year, Rush Street Interactive (RSI) stood out with a 41.1% revenue increase and the biggest analyst estimate beat. However, PlayStudios (MYPS) and Inspired (INSE) experienced revenue declines and missed some estimates, although their stock prices still saw an increase.
Churchill Downs Inc Stock (US1714841087): valuation metrics under the microscope
Churchill Downs Inc (CHDN) is under investor scrutiny, with focus on its valuation, leverage, and earnings power within the U.S. gaming and entertainment sector. The company's business model integrates live racing, online wagering, and regional casinos, with its financial profile often influenced by the seasonal Kentucky Derby. Investors are analyzing its ability to grow adjusted EBITDA, manage capital expenditure, and balance debt repayment with growth projects and shareholder returns.
Maryland: Ocean Downs union seeks higher wages
Workers at Ocean Downs casino, represented by Unite Here Local 7, have rejected the latest contract offer from owner Churchill Downs Inc. The union, representing about 100 workers, is seeking higher wages, calling the current offer a "sub-living wage." Negotiations will resume for the 17th time as the casino approaches the summer season without a new labor agreement.
Casino union seeks higher wages
Workers at Ocean Downs, represented by Unite Here Local 7, have rejected a contract offer from owner Churchill Downs Inc. and are seeking higher wages, arguing that the proposed 3% raise and starting wage of $15.90 an hour are insufficient to meet living expenses on the Lower Shore. The union stated that a strike remains a possibility as negotiations continue, citing Churchill Downs' strong financial performance as evidence of their ability to pay more.
First Flightline foals set for debuts at Churchill Downs
The first foals of undefeated sire Flightline are scheduled to make their racing debuts at Churchill Downs. This marks a significant moment for the progeny of the highly anticipated stallion.
Churchill Downs Inc stock (US1714841087): casino expansion, Derby momentum and digital growth in foc
Churchill Downs Inc is strategically diversifying its business, shifting from a racetrack-centric model to a broader portfolio that includes regional casinos, historical horse racing venues, and online wagering. This transformation, driven by recent expansion projects and strong quarterly results, aims to create more stable, year-round revenue streams beyond the seasonal nature of horse racing. The company leverages its iconic Kentucky Derby brand while expanding its digital presence and gaming properties, positioning itself for continued growth in the evolving U.S. gaming and entertainment market despite intense competition in online wagering.
First Flightline Foals Set For Debuts At Churchill Downs
Multiple Eclipse Award champion Flightline, considered one of the fastest Thoroughbreds of this century, will have his first two offspring debut at Churchill Downs this week. Greenwell is scheduled to race on Friday, and House Boat Party on Saturday, both in maiden special weight races for 2-year-olds. Flightline, an unbeaten Horse of the Year in 2022, is one of the most anticipated freshman sires of 2026.
Churchill Downs Incorporated Cash Flow – XETR:CHR
Churchill Downs Incorporated (XETR:CHR) reported its financial performance, with free cash flow for Q1 2026 at €204.26 million. The company's free cash flow for the full year 2025 was €421.37 million, and its operating cash flow reached €655.42 million in the same year. The article provides a high-level overview of the company's operating, investing, and financing activities.
Operating income of Churchill Downs Incorporated – XETR:CHR
This article provides a financial overview of Churchill Downs Inc. (XETR:CHR), focusing specifically on its operating income. The content highlights the company's financial data, which is provided by third-party services like ICE Data Services and FactSet. The page appears to be a financial data portal displaying key metrics for the company.
