CDI 2010 First Quarter Results Conference Call Announcement

Churchill Downs Incorporated, ("CDI"), (NASDAQ: CHDN) will release its 2010 first-quarter results at 4:30 p.m. ET on Wednesday, May 5, 2010, and host a related conference call to discuss the results on Thursday, May 6, 2010, at 9 a.m. ET.

Investors and other interested parties may listen to the conference call by accessing the online, real-time webcast of the call at www.ChurchillDownsIncorporated.com or at www.OpenCompany.Info as well as on the Yahoo Finance Calendar, or by dialing toll-free: 877-815-1625 or if dialing internationally, using the toll number 973-796-5004, at least 10 minutes before the appointed time. The conference ID number for this call is 67088322. The online replay will be available within 90 minutes from the conclusion of the conference call, and continue for one year.

A copy of CDI's news release announcing the quarterly results and relevant financial and statistical information about the period will be posted to the CDI website: www.ChurchillDownsIncorporated.com

Churchill Downs Incorporated, ("CDI"), headquartered in Louisville, Ky., owns and operates four world renowned Thoroughbred racing facilities: Arlington Park in Illinois, Calder Casino and Race Course in Florida, Churchill Downs Race Track in Kentucky and Fair Grounds Race Course & Slots in Louisiana. CDI operates slots and gaming operations in Louisiana and Florida. CDI tracks are host to North America's most prestigious races, including the Arlington Million, the Kentucky Derby and the Kentucky Oaks, the Louisiana Derby and the Princess Rooney, along with hosting the Breeders' Cup World Championships for a record seventh time on Nov. 5-6, 2010. CDI also owns off-track betting facilities, TwinSpires.com and other advance-deposit wagering channels, television production, telecommunications and racing service companies such as BRIS and a 50-percent interest in the national cable and satellite network, HorseRacing TV, which supports CDI's network of simulcasting and racing operations. CDI's Entertainment Group produces the HullabaLOU Music Festival at Churchill Downs Racetrack, which premieres on July 23-25, 2010. CDI trades on the NASDAQ Global Select Market under the symbol CHDN and can be found at www.ChurchillDownsIncorporated.com