TwinSpires Signing Up Thousands of Customers, Service Center Switches Focus to Processing Wagers on Kentucky Oaks, Derby Days

Churchill Downs Incorporated (NASDAQ: CHDN) today reported an unprecedented number of customer sign ups for its new account-wagering service, TwinSpires (www.twinspires.com). As of close of business on May 3, more than 5,000 customers had registered for TwinSpires accounts over a two-day period. TwinSpires opened for business on Wednesday, May 2.

TwinSpires Player Services to Temporarily Suspend Telephone Registrations; Focus on Helping Customers Place Wagers

To accommodate the thousands of new account holders who wish to wager on the 2007 Kentucky Oaks and Kentucky Derby race cards, the TwinSpires Player Service Center will temporarily suspend telephone registrations through Kentucky Derby Day, Saturday, May 5, to focus fully on assisting customers with telephone wagers. Customers may still register for a new account online through the TwinSpires Web site, www.twinspires.com, or in person at Churchill Downs racetrack or Trackside Louisville, an off-track betting (“OTB”) facility, located at 4520 Poplar Level Road in Louisville, Ky. Customers wishing only to register at Trackside Louisville and not stay for the racing card will not be charged admission. Parking at Trackside Louisville is free on Kentucky Oaks and Derby Days.

Attention: Louisville, Ky., Account Holders Coming to Churchill Downs on Derby Day

Because call volume to TwinSpires’ Player Services Center is expected to increase even further tomorrow in advance of the 133rd Kentucky Derby Presented by Yum! Brands, TwinSpires account holders who live in the Metro Louisville, Ky., area and who are planning to attend the Kentucky Derby in person (at Churchill Downs or Trackside Louisville) are encouraged to place their Kentucky Derby wagers online prior to leaving for the track or OTB.

“We are experiencing an unprecedented number of new account signups with the launch of TwinSpires,.” said Vernon Niven, President of TwinSpires. “One impact of this is that our Player Services desk is swamped. We want our customers to know ahead of time that the telephone wagering lines at TwinSpires could be just as long as those at the track, especially right around post time for the ‘Run for the Roses.’ We encourage all of our customers who plan to attend the Derby tomorrow to bet early and bet online. This is the best strategy to avoid delays on this busy day.”

TwinSpires (www.twinspires.com) is the official advance deposit wagering service for Churchill Downs Incorporated (NASDAQ: CHDN) and its family of racetracks, as well for the Kentucky Derby and Kentucky Oaks. TwinSpires is a wholly owned subsidiary of Churchill Downs Incorporated and offers wagering on races from Churchill Downs, Santa Anita, Gulfstream Park, Fair Grounds Race Course, Pimlico Race Course, Lone Star Park, Golden Gate Fields, Laurel Park and other popular racing venues. TwinSpires is headquartered in Mountain View, Calif., and operates a wagering hub in Oregon.

Churchill Downs Incorporated (“Churchill Downs”), headquartered in Louisville, Ky., owns and operates world-renowned horse racing venues throughout the United States. Churchill Downs’ four racetracks in Florida, Illinois, Kentucky and Louisiana host many of North America’s most prestigious races, including the Kentucky Derby and Kentucky Oaks, Arlington Million, Princess Rooney Handicap and Louisiana Derby. Churchill Downs racetracks have hosted seven Breeders’ Cup World Championships. Churchill Downs also owns off-track betting facilities and has interests in various advance deposit wagering, television production, telecommunications and racing services companies, including a 50-percent interest in the national cable and satellite network HorseRacing TV™, that support the Company’s network of simulcasting and racing operations. Churchill Downs trades on the NASDAQ Global Select Market under the symbol CHDN and can be found on the Internet at www.churchilldownsincorporated.com.