Churchill Downs Inc (CHDN)
Leisure • Consumer Discretionary
August 03, 2026 Churchill Downs and NYRA Launch the Thoroughbred Championship Series Churchill Downs and NYRA unveil the Thoroughbred Championship Series, a six-race competition starting in 2027, enhancing fan engagement in horse racing. With a $5 million prize pool and races at prestigious venues, this initiative aims to bring excitement to the sport throughout the season.
July 29, 2026 Churchill Downs Incorporated Reports Impressive Second Quarter Results for 2026 Churchill Downs Incorporated reported impressive second quarter results for 2026, achieving record net revenue of $980 million and a net income of $241 million. The success was driven by the Kentucky Derby, which saw record wagering and viewership, contributing significantly to the company's overall growth.
July 29, 2026 Churchill Downs Inc. Expands Its Footprint in Pari-Mutuel Wagering with Strategic Acquisition Churchill Downs Incorporated (CDI) has announced a strategic acquisition of a 49% stake in United Tote Company to enhance its pari-mutuel wagering operations. This move aligns with CDI's long-term strategy to integrate technology and expand its market presence in horse racing. The acquisition is expected to close by August, paving the way for improved service offerings and revenue growth.
July 29, 2026 Churchill Downs Inc. Announces Strategic Capital Projects for Enhanced Guest Experience Churchill Downs Incorporated has announced major capital projects to enhance the guest experience at the iconic racetrack. Key developments include the construction of the Victory Run, expansion of the Homestretch Club, and upgrades to infield seating, all set to attract a new generation of racing fans while preserving tradition.
July 29, 2026 Churchill Downs Inc.: Q2 2026 Financial Performance Highlights Churchill Downs Incorporated reported robust financial results for Q2 2026, with net revenue reaching $980 million. The growth was fueled by record-breaking performances in Live and Historical Racing, alongside strategic capital investments aimed at future expansion.
June 18, 2026 Churchill Downs Inc. Faces Maryland's Acquisition of Preakness Stakes IP Rights Churchill Downs Inc. faces a pivotal challenge as the State of Maryland seeks to acquire the Preakness Stakes IP rights. This move could reshape the horse racing landscape and economic impact of the iconic event.
June 18, 2026 Churchill Downs Inc. Announces Upcoming Second Quarter Financial Results Churchill Downs Incorporated (CDI) will announce its Q2 2026 financial results on July 29, followed by a conference call on July 30. Investors can access the call online and review the results on the investor relations page.
May 03, 2026 Golden Tempo Triumphs in 152nd Kentucky Derby: A Historic Day for Churchill Downs Incorporated Golden Tempo claimed victory at the 152nd Kentucky Derby, a historic win for trainer Cherie DeVaux and jockey Jose Ortiz. The event saw record attendance and wagering figures, showcasing the continued popularity of Churchill Downs.
May 02, 2026 Always A Runner Claims Victory at the 152nd Longines Kentucky Oaks Always A Runner claimed victory at the 152nd Kentucky Oaks, setting records for wagering and showcasing impressive performance. The event also highlighted women's health advocacy efforts, raising funds for crucial initiatives.
April 22, 2026 Churchill Downs Incorporated Reports Strong First Quarter Results for 2026 Churchill Downs Incorporated reported impressive Q1 2026 results, with record net revenue of $663 million and an 8% increase in net income. Strategic investments, including new gaming venues and acquisitions, underline their commitment to growth amidst industry challenges.
April 22, 2026 Churchill Downs Inc. Reports Strong Q1 2026 Financial Results Churchill Downs Incorporated reported a $20 million revenue increase in Q1 2026, driven by its Live and Historical Racing segment. Despite challenges in the Gaming segment, the company remains focused on growth and strategic investments, positioning itself well for future opportunities.
April 21, 2026 Churchill Downs Inc. Expands Its Portfolio with Preakness Stakes Acquisition Churchill Downs Incorporated has announced the acquisition of the Preakness Stakes and Black-Eyed Susan Stakes intellectual property for $85 million. This strategic move aims to enhance CDI's position in the horse racing industry and ensure the continuity of these iconic races at Pimlico Race Course.
April 01, 2026 Churchill Downs Inc. Celebrates Legal Victory Over HISA Churchill Downs Inc. achieved a legal victory as a court ruled HISA's fee collection methodology unlawful. CEO Bill Carstanjen criticized HISA's fiscal mismanagement, and the ruling may prompt a reevaluation of regulatory practices in the horse racing industry, emphasizing equine health and safety.
March 16, 2026 Churchill Downs Incorporated to Announce First Quarter 2026 Financial Results Churchill Downs Incorporated will announce its Q1 2026 financial results on April 22, 2026, followed by a conference call on April 23. Investors can participate via webcast or phone after registration, with a replay available later.
February 25, 2026 Churchill Downs Incorporated Reports Strong Q4 and Full Year 2025 Results Churchill Downs Incorporated reported record revenues for Q4 and full year 2025, with net revenue reaching $665.9 million in Q4. Despite a decrease in net income, the company is focused on strategic expansion and capital management for future growth.
February 25, 2026 Churchill Downs Inc. 2025 Annual Report: A Year of Growth and Strategic Expansion The 2025 Annual Report for Churchill Downs Incorporated showcases record revenues of $2.9 billion and strategic expansions across gaming and racing. Despite a decrease in net income, CDI's commitment to growth and shareholder value remains strong, highlighted by significant acquisitions and new facility openings.
February 24, 2026 Churchill Downs Inc. Expands Horizons with Marshall Yards Racing & Gaming Opening Churchill Downs Inc. is set to launch Marshall Yards Racing & Gaming in Calvert City, Kentucky, on February 25, 2026. This facility will offer 225 historical racing machines, a sportsbook, and various dining options, enhancing local entertainment and economic growth.
February 10, 2026 Churchill Downs Incorporated Unveils Exciting Changes for Kentucky Derby Week 2026 Churchill Downs Incorporated announces exciting changes for the 152nd Kentucky Derby Week, including the return of Sunday racing and primetime events. Fans can look forward to a lineup of themed days leading up to the Derby, making this year's festivities more inclusive and innovative.
January 20, 2026 Churchill Downs Inc. Announces Grand Opening of Marshall Yards Racing & Gaming Churchill Downs Inc. is set to open Marshall Yards Racing & Gaming on February 25, 2026, featuring 225 historical racing machines and various entertainment options. This venue aims to boost local economy, create jobs, and support horse racing in Kentucky.
January 12, 2026 Churchill Downs Incorporated Announces Major Casino Development in New Hampshire Churchill Downs Incorporated is set to transform Casino Salem into the Rockingham Grand Casino, a 160,000 sq. ft. venue featuring gaming, entertainment, and dining. With a $180-200 million investment, it aims to enhance the local economy and attract visitors from the Boston area, opening in mid-2027.
January 07, 2026 Churchill Downs Inc. Prepares for 2025 Financial Results Announcement Churchill Downs Incorporated will announce its 2025 financial results on February 25, 2026, followed by a conference call on February 26. This event is crucial for investors to understand the company's performance amidst a changing gaming landscape.
October 24, 2025 Churchill Downs Inc. Faces Class-Action Lawsuit Over Alleged AI Betting Manipulation A class-action lawsuit has been filed against Churchill Downs Inc. and others, accusing them of manipulating horseracing betting through AI, disadvantaging average bettors. The case highlights significant financial inequities and legal implications surrounding algorithmic wagering practices.
October 22, 2025 Churchill Downs Announces Ambitious Victory Run Project Churchill Downs Incorporated is launching the Victory Run project, a $300 million investment to modernize the racetrack. The project will replace outdated facilities and enhance the guest experience with premium hospitality options, set to be completed by 2028.
October 22, 2025 Churchill Downs Incorporated Reports Impressive Q3 2025 Results Despite Impairment Charges Churchill Downs Incorporated reported a record net revenue of $683 million for Q3 2025, reflecting a 9% increase year-over-year. Despite a non-cash impairment charge impacting net income, the company saw significant growth in adjusted EBITDA and continued strategic expansions in gaming and racing.
October 22, 2025 Churchill Downs Inc. Reports Q3 2025 Financial Results: Strides in Revenue Amidst Challenges Churchill Downs Inc. reported a net revenue increase of $54.5 million for Q3 2025, driven by its Live and Historical Racing segment. Despite challenges from increased impairment expenses and regulatory hurdles, the company remains focused on strategic investments to enhance its operations.
July 23, 2025 Churchill Downs Inc. Reports Strong Q2 2025 Results Amid Regulatory Challenges Churchill Downs Incorporated (CDI) reported impressive Q2 2025 results, with net revenue of $934.4 million driven by its Live and Historical Racing segment. Despite facing regulatory challenges in Louisiana, CDI's strategic investments and strong operational performance position it well for future growth.
March 18, 2025 Churchill Downs Inc. Set to Release First Quarter 2025 Financial Results Churchill Downs Incorporated is set to announce its first quarter financial results for 2025 on April 23, 2025. The announcement will be followed by a conference call on April 24, offering insights into the company's diverse entertainment operations and strategic direction in the industry.
March 12, 2025 Churchill Downs Inc. Unveils $500 Million Share Repurchase Program Churchill Downs Incorporated has launched a new $500 million share repurchase program, replacing the previous initiative and reflecting strong financial health. This flexible program aims to enhance shareholder value by potentially increasing earnings per share through reduced outstanding shares.
March 03, 2025 SWOT Analysis of Churchill Downs Inc. in 2025 This SWOT analysis examines Churchill Downs Inc.'s strategic position in 2025, detailing its strong brand, diverse revenue streams, and market leadership. It also discusses vulnerabilities, including reliance on live events and economic factors, while identifying growth opportunities in expanding markets and technology-enhanced customer engagement.
February 20, 2025 Churchill Downs Inc. Reports Strong Growth in 2024 Annual Financials Churchill Downs Incorporated's 2024 annual report reveals significant growth, with revenues hitting $2.7 billion and strategic acquisitions bolstering its market position. The company continues to enhance its gaming and wagering segments, reflecting strong operational efficiency and a commitment to shareholder returns.
February 19, 2025 Churchill Downs Inc. Announces Ambitious Multi-Year Capital Projects Churchill Downs Inc. announces a transformative multi-year plan to enhance the Kentucky Derby experience, including the Skye Reconstruction, Conservatory, and Infield General Admission Projects. These initiatives aim to improve guest experiences and expand seating capacity, with investments totaling over $1 billion and completion expected by 2028.
February 19, 2025 Churchill Downs Incorporated Reports Strong Financial Results for Q4 and Full Year 2024 Churchill Downs Incorporated reported record revenues of $624.2 million for Q4 2024, with significant growth in net income and EBITDA. The company achieved notable milestones, including the 150th Kentucky Derby and multiple expansions, reinforcing its leadership in the gaming and racing market.
February 12, 2025 Churchill Downs Inc. Launches Owensboro Racing & Gaming: A New Era for Western Kentucky Churchill Downs Inc. has launched Owensboro Racing & Gaming, a $100 million venue featuring 600 historical racing machines and a sportsbook. This expansion aims to boost local tourism and economy in western Kentucky, creating jobs and enhancing the entertainment landscape.
October 23, 2024 Churchill Downs Inc. Reports Impressive Q3 2024 Results Churchill Downs Inc. has reported remarkable financial growth for Q3 2024, with increased revenues across Live Racing, TwinSpires, and Gaming segments. The company continues to expand its operations, highlighted by the opening of new venues and strong cash flow improvements, positioning itself well for future success.
July 24, 2024 Churchill Downs Inc. Reports Impressive Q2 2024 Financial Results Churchill Downs Incorporated (CDI) achieved remarkable financial growth in Q2 2024, with net revenue reaching $890.7 million, up from $768.5 million in 2023. Key segments like Live Racing and Gaming drove this success, showcasing strong performance and a robust balance sheet as CDI positions itself for future growth.
April 24, 2024 Churchill Downs Inc. Reports Q1 2024 Financial Results Churchill Downs Incorporated reported Q1 2024 financial results with a net revenue increase to $431.4 million, despite a significant drop in net income. The Live and Historical Racing and TwinSpires segments showed strong growth, while the Gaming segment faced challenges. Overall, CDI remains well-positioned for future growth with strategic investments.