Churchill Downs Incorporated Shortlisted for Global Gaming Awards Land-Based Operator of the Year

 Award winners to be announced on October 9th in Las Vegas, Nevada 

LOUISVILLE, KY., (September 26, 2023) – Churchill Downs Incorporated (“Churchill Downs”) today announced they have been shortlisted at the 2023 Global Gaming Awards Las Vegas for Land-Based Operator of the Year. This category rewards the company who has gone above and beyond to create the best possible land-based customer experience. The Global Gaming Awards are the most prestigious in the gaming industry and this year, are celebrating their tenth edition. Winners will be announced at an awards ceremony in Las Vegas, Nevada on October 9th, 2023. 

The Global Gaming Awards Las Vegas recognize and reward the gaming industry's strongest performers across the previous 12 months, with a focus on the Americas. These are the most trusted Awards in the industry and have gained respect amongst industry heavyweights, due to the strict rules and procedures put in place. 

Companies are always nominated based on merit and the reason for their nomination is made public in the official Shortlist magazine. A panel of over 100 C-level executives from across the gaming industry decides the winners, with KPMG in the Crown Dependencies independently adjudicating the voting process to ensure full transparency and fairness. 

The Global Gaming Awards Las Vegas are powered by leading B2B-gaming publications Gambling Insider and Gaming America. 

About Churchill Downs Incorporated

Churchill Downs Incorporated (NASDAQ: CHDN) has been creating extraordinary entertainment experiences for nearly 150 years, beginning with the company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the development of live and historical racing entertainment venues, the growth of the TwinSpires horse racing online wagering business and the operation and development of regional casino gaming properties. www.churchilldownsincorporated.com  

This news release contains various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions).

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, that could cause actual results to differ materially from expectations include the following: the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather, including as a result of climate change; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit, including the impact of inflation; additional or increased taxes and fees; the impact of the novel coronavirus (COVID-19) pandemic, including the emergence of variant strains, and related economic matters on our results of operations, financial conditions and prospects; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; loss of key or highly skilled personnel, as well as general disruptions in the general labor market; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine and historical racing machine (HRM) manufacturing and other technology conditions that could impose additional costs; failure to enter into or maintain agreements with industry constituents, including horsemen and other racetracks; inability to successfully focus on market access and retail operations for our TwinSpires Sports and Casino business and effectively compete; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach including customers’ personal information could lead to government enforcement actions or other litigations; reliance on our technology services and catastrophic events and system failures disrupting our operations; inability to identify, complete, or fully realize the benefits of our proposed acquisitions, divestitures, development of new venues or the expansion of existing facilities on time, on budget, or as planned; difficulty in integrating recent or future acquisitions into our operations; cost overruns and other uncertainties associated with the development of new venues and the expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including risks related to environmental liabilities; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or other similar laws and regulations, or applicable anti-money laundering regulations; payment-related risks, such as risk associated with fraudulent credit card or debit card use; work stoppages and labor problems; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; increases to interest rates (due to inflation or otherwise), disruption in the credit markets or changes to our credit ratings may adversely affect our business; increase in our insurance costs, or inability to obtain similar insurance coverage in the future, and any inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events; and other factors described under the heading “Risk Factors” in our most recent Annual Report on Form 10-K and in other filings we make with the Securities and Exchange Commission.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Press Contacts

Logan Spradlin
Communications Manager
Churchill Downs Incorporated

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Churchill Downs Kicks Off Countdown to the 150th Kentucky Derby with a $150K Partnership with Give for Good Louisville

On September 14th, the Community Foundation of Louisville (“CFL”) hosted the 10th annual Give for Good Louisville, the community’s biggest day of giving.

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Churchill Downs Kicks Off Countdown to the 150th Kentucky Derby with a $150K Partnership with Give for Good Louisville

Community Foundation of Louisville Hosts Record-Setting Year During the 10th Annual Giving Event

LOUISVILLE, KY., (September 19, 2023) – On September 14th, the Community Foundation of Louisville (“CFL”) hosted the 10th annual Give for Good Louisville, the community’s biggest day of giving. Over the last nine years, CFL has mobilized more than 137,000 people to invest $50.6 million directly into Kentuckiana-based nonprofit organizations. This year, CFL celebrated record-setting numbers with over $9.5 million raised for nonprofit organizations throughout the region. In honor of the 10th anniversary of Give for Good Louisville and the upcoming 150th Kentucky Derby, Churchill Downs donated $150,000 as the returning Premier Prize Partner.

“I couldn’t think of a better way to celebrate 10 years of our region's biggest giving day than to receive the largest prize contribution in Give for Good history from Churchill Downs,” said Ron Gallo, CFL’s President and CEO. “We are thankful for their generosity to boost donations and change the trajectory of 10 nonprofits across Kentuckiana.”

“We’re thrilled to see over 550 deserving organizations benefit from Give for Good Louisville and kickoff the countdown to Derby 150 with this thank you to our community.” said Tonya Abeln, VP of Corporate Communications for Churchill Downs. “Together, we celebrated two anniversaries by supporting the non-profits that fuel our community,”

Churchill Downs’ prize contributions gave individuals multiple chances to impact their favorite nonprofit and boost their donations. The #WhyIGive prize gave individuals the opportunity to submit a quote about why they give back to their community. From these submissions, one hundred random entries were selected to receive an additional $150 for their chosen organization. The “Derby City Gaming & Hotel Golden Ticket” prize awarded $1,000 to one randomly-selected donation every hour. In total, 23 worthy organizations received a boosted donation: Central Presbyterian Church, Mama to Mama, REBOUND, Inc., Shelby Regional Arts Council, Harrison County Community Services, Inc., Token III Club, The Producers – Youth Performing Arts School, Bernheim Arboretum and Research Forest, WaterStep, Pit Bulls of St. Francis, Louisville Pride Foundation, The Prisoner’s Hope, Louisville Urban League, Catholic Charities of Louisville Family Ark, Inc., Lifehouse Maternity Home, Louisville Youth Orchestra, Presbyterian Homes & Services of Kentucky, Inc., Center for Lay Ministries, ElderServe, Inc., Squallis Puppeteers, Marnel C. Moorman Family Life Center and Legal Aid Society.

The second annual “Greatest Two Minutes in Giving” made a triumphant returned for 2023. Donations made between 5:15 p.m. and 5:17 p.m. was eligible to receive an additional boost of either $5,000, $10,000, or $20,000. In these two minutes sponsored by Churchill Downs alone, more than 1,550 donors contributed over $118,000 to nonprofits throughout Kentuckiana.

The ten winners of the 2023 “Greatest Two Minutes in Giving” included:

$20,000 “Win” Boost

  • Center for Accessible Living, Inc.
  • Greater Louisville Youth for Christ

$10,000 “Place” Boost

  • Louisville Classical Academy
  • Kids Center for Pediatric Therapies
  • Women Who Write, Inc

$5,000 “Show” Boost

  • Speed Art Museum
  • Family & Children's Place
  • Louisville Regional Science and Engineering Fair
  • SPARC Hope
  • Freedom Lake, Inc.

Churchill Downs team members also contributed $17,696 in donations through their business fundraising efforts. In a friendly competition with local area businesses, team members were able to select from any of the participating organizations to make a charitable donation. For the second year in a row, Churchill Downs hosted the highest grossing business fundraisers. For more information about all of the participating nonprofit organizations and to learn more about Give for Good Louisville visit: https://www.giveforgoodlouisville.org/.

About Churchill Downs Incorporated

Churchill Downs Incorporated (NASDAQ: CHDN) has been creating extraordinary entertainment experiences for nearly 150 years, beginning with the company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the development of live and historical racing entertainment venues, the growth of the TwinSpires horse racing online wagering business and the operation and development of regional casino gaming properties. www.churchilldownsincorporated.com  

About the Community Foundation of Louisville

Founded in 1984, the Community Foundation of Louisville mobilizes people, networks, and capital to spark meaningful change in and beyond Louisville. Together with local partners we connect real investments with relevant causes. In addition, key priorities of the Foundation's mission are to advance racial equity and open opportunities for all. Together with collaborators, community investors, and changemakers, we’re inspiring greater generosity towards the issues, ideas, and approaches that can move us all forward. Learn more at cflouisville.org.

Press Contacts

Logan Spradlin
Communications Manager
Churchill Downs Incorporated

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Churchill Downs Incorporated Sponsors $15,000 Scholarship for Miss Kentucky 2023

LOUISVILLE, KY., (July 08, 2023) Churchill Downs Incorporated (“CDI”) announced today their scholarship sponsorship of the Miss Kentucky Organization (“Miss KY”) was awarded in full to Miss Kentucky 2023, Mallory Hudson. The 2023 Miss Kentucky Competition was held this past week in Bowling Green, Kentucky, at the Southern Kentucky Performing Arts Center. Twenty-six contestants representing cities and regions from across the State participated in a private interview and competed in preliminary categories including Onstage Conversation, Health & Fitness, Talent and Evening Gown. The final competition night was held on Saturday, June 30th where twelve finalists were named to compete in the on stage categories to determine Miss Kentucky 2023.

Mallory Hudson was named Miss Kentucky 2023 and will represent the state as she competes for the title of Miss America 2024. Prior to being named Miss Kentucky, Hudson was part of the 2023 Kentucky Derby Festival Royal Court. CDI’s $15,000 scholarship sponsorship of Miss Kentucky was awarded in full to Hudson as part of the organization’s partnership with the Churchill Downs Foundation. The partnership includes the opportunity for Miss Kentucky contestants to attend the Kentucky Oaks and Kentucky Derby to sell 50/50 raffle tickets to benefit the Foundation. In addition to prize incentives awarded to the top ticket sellers, CDI underwrites a scholarship for Miss Kentucky.

The top overall in person ticket sellers for 2023 50/50 raffle were announced during the preliminary competition on Friday, June 29th. Olivia Adams was named the top overall seller, winning a $5,000 scholarship. Tayler Plunkett was named the second place overall seller, winning box seats for six to the 150th Kentucky Derby. Both prize incentives are awarded on behalf of Churchill Downs Incorporated and the Churchill Downs Foundation. Together, Adams and Plunkett sold over $30,000 in raffle tickets on Kentucky Oaks and Kentucky Derby day. In total, raffle sales reached $151,675 with the grand prize winner being awarded a jackpot of $75,838.

“Churchill Downs extends a heartfelt congratulations to Mallory Hudson and we are so excited to watch her represent Kentucky in the year ahead,” said Tonya Abeln, VP of Corporate Communications for CDI. “We’re so grateful to the Miss Kentucky Organization and all of the competitors who have become such an important part of the ‘pageantry’ of the Kentucky Derby for their hard work and support of the Churchill Downs Foundation. We believe that the Kentucky Derby represents the best of the Bluegrass and certainly the Miss Kentucky Organization does the same.”

The top five placements for the 2023 Miss Kentucky Competition included:

  • Mallory Hudson, Miss Kentucky
  • Tayler Plunkett, Miss Central Kentucky, 1st Runner-Up
  • Chapel Tinius, Miss Monticello, 2nd Runner-Up
  • Sophia Crowder, Miss Fleur de Lis, 3rd Runner-Up
  • Molly Sullivan, Miss Campbellsville, 4th Runner-Up

For more information about the Miss Kentucky Organization, visit https://misskentucky.org/.

About Churchill Downs Incorporated

Churchill Downs Incorporated (“CDI”, NASDAQ: CHDN) has been creating extraordinary entertainment experiences for nearly 150 years, beginning with the company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the development of live and historical racing entertainment venues, the growth of the TwinSpires horse racing online wagering business and the operation and development of regional casino gaming properties. www.churchilldownsincorporated.com

About The Miss Kentucky Scholarship Organization

The Miss Kentucky Scholarship Organization is a celebration of the talents, the scholastic achievements, the dedication to community engagement and the commitment to excellence of Kentucky’s most dynamic young women. The Miss Kentucky network of volunteers give endlessly of their time and money to empower young women through personal growth and individual development. https://misskentucky.org/

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Logan Spradlin
Communications Manager

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Tim Bryant, Corporate VP of Gaming Operations, Honored At Dr. Ralph de Chabert Trustees of Inclusive Equity Awards

LOUISVILLE, KY., (June 20, 2023) Churchill Downs Incorporated (“CDI”) announced today that Tim Bryant, VP of Gaming Operations at CDI, was awarded the Dr. Ralph de Chabert Trustee of Inclusive Equity Award. Bryant was one of six individuals recognized with this prestigious honor at the 6th annual award ceremony, held on June 19th, 2023, as part of Louisville Central Community Center’s Juneteenth celebrations.

Honorees are community and corporate leaders who are innovative in their approach to advancing inclusive equity in corporate, education, healthcare, nonprofit, and community institutional settings. 2023 award recipients included:

  • Michelle Cunningham, Seven Counties Services
  • Ira Salls, McDonald's Corporation
  • Tim Bryant, Churchill Downs Incorporated
  • Doctor Kelly McCants, Norton Institute for Health Equity
  • George Demaree, Big Brothers Big Sisters of Kentuckiana Board of Directors
  • Dr. Marty Pollio, Jefferson County Public Schools

For more information about Louisville Central Community Center and the Trustees of Inclusive Equity Awards, visit https://www.lcccnews.org/.

About Churchill Downs Incorporated

Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event, the Kentucky Derby. We own and operate three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines in Kentucky. We also own and operate TwinSpires, one of the largest and most profitable online wagering platforms for horse racing, sports and iGaming in the U.S. and we have seven retail sportsbooks. We are also a leader in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals and 200 table games. Additional information about CDI can be found online at www.churchilldownsincorporated.com.

Certain statements made in this news release contain various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions). 

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, among others, that may materially affect actual results or outcomes include the following: the impact of the novel coronavirus (COVID-19) pandemic, including the emergence of variant strains, and related economic matters on our results of operations, financial conditions and prospects; the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit; additional or increased taxes and fees; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; loss of key or highly skilled personnel; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine manufacturing and other technology conditions that could impose additional costs; inability to negotiate agreements with industry constituents, including horsemen and other racetracks; inability to successfully expand our TwinSpires Sports and Casino business and effectively compete; inability to identify and complete expansion, acquisition or divestiture projects, on time, on budget or as planned; difficulty in integrating recent or future acquisitions into our operations; costs and uncertainties relating to the development of new venues and expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including fluctuations in market values and environmental regulations; reliance on our technology services and catastrophic events and system failures disrupting our operations; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach, including customers’ personal information, could lead to government enforcement actions or other litigation; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or applicable money-laundering regulations; payment-related risks, such as risk associated with fraudulent credit card and debit card use; work stoppages and labor issues; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; and increase in our insurance costs, or obtain similar insurance coverage in the future, and inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Press Contacts

Logan Spradlin
Communications Manager

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Churchill Downs Celebrates 150th Kentucky Derby at Royal Ascot

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Churchill Downs Racetrack Utilizes Charitable Partners To Increase Mutual Worker Staffing Efforts For Kentucky Derby Week

LOUISVILLE, KY., (May 12, 2023) Churchill Downs Racetrack (“CDRT”) announced they worked with charitable partners to increase mutual window staffing efforts during Kentucky Derby Week. Mutual workers have a long standing history at not just Churchill Downs, but racetracks across the globe. Through an in depth training program, workers are prepped and ready to deliver racing enthusiasts and first time betters a seamless experience each time they visit a mutual window.

Charitable partners noted on job applications included local non-profit organizations Wesley House Community Services and Family Scholar House. Overall, the mutual worker team member roster increased 12% from 2022, an incredible improvement to ensure guests attending CDRT during Derby Week were delivered an extraordinary experience.

CDRT currently plans to utilize this recruiting tactic for staffing in 2024 during which the 150th Kentucky Derby will be ran on May 4th, 2024.

About Churchill Downs Incorporated

Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event, the Kentucky Derby. We own and operate three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines in Kentucky. We also own and operate TwinSpires, one of the largest and most profitable online wagering platforms for horse racing, sports and iGaming in the U.S. and we have seven retail sportsbooks. We are also a leader in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals and 200 table games. Additional information about CDI can be found online at www.churchilldownsincorporated.com.

About Churchill Downs Racetrack

Churchill Downs Racetrack (“CDRT”), the world’s most legendary racetrack, has been the home of The Kentucky Derby, the longest continually held annual sporting event in the United States, since 1875. Located in Louisville, CDRT features a series of themed race days during Derby Week, including the Kentucky Oaks, and conducts Thoroughbred horse racing during three race meets in the Spring, September, and the Fall. CDRT is located on 175 acres and has a one-mile dirt track, a 7/8-mile turf track, a stabling area, and provides seating for approximately 60,000 guests. The saddling paddock and the stable area has barns sufficient to accommodate 1,400 horses and a 114-room dormitory for backstretch personnel. CDRT also has a year-round simulcast wagering facility. www.ChurchillDowns.com.

Press Contacts

Logan Spradlin
Communications Manager

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Oxford Casino, Hotel & Event Center donates $36,000 to Veterans Inc., Wounded Heroes Program of Maine and Travis Mills Foundation

LOUISVILLE, KY., (November 11, 2022) In partnership with WBLM 102.9’s Veteran’s First program, Oxford Casino, Hotel & Event Center was able to donate $36,000 in support of Veterans Inc., Wounded Heroes Program of Maine and the Travis Mills Foundation. All three non-profit organizations are dedicated to the wellbeing of U.S. Military veterans and their families.

All proceeds were raised through the properties Give $5, get $10 promotion. To participate in the promotion, guests donated at least $5 to the benefitting organization to receive $10 Free Slot Play.

“We’ve been doing our Give $5, Get $10 promotion for a number of years and we wanted to do something for our heroes, our true heroes” said Vice President and General Manager of Oxford Casino, Matt Gallgher.

All proceeds will be divided between the three organizations to support each of their individual missions and initiatives.

About Churchill Downs Incorporated

Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event, the Kentucky Derby. We own and operate three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines in Kentucky. We also own and operate TwinSpires, one of the largest and most profitable online wagering platforms for horse racing, sports and iGaming in the U.S. and we have seven retail sportsbooks. We are also a leader in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals and 200 table games. Additional information about CDI can be found online at www.churchilldownsincorporated.com.

About Oxford Casino, Hotel & Event Center

Oxford Casino, located on 100 acres at the gateway to Maine’s Lakes and Mountains Region, features a 30,281-square-foot gaming floor with just under 1,000 Class III slot machines and 25 table games. The hilltop casino, owned by Churchill Downs Incorporated (Nasdaq: CHDN), also boasts a 150-seat pub style restaurant, Oxford Express, a grab-and-go restaurant, and a 12-seat, video poker bar. www.oxfordcasino.com

Certain statements made in this news release contain various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions). 

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, among others, that may materially affect actual results or outcomes include the following: the impact of the novel coronavirus (COVID-19) pandemic, including the emergence of variant strains, and related economic matters on our results of operations, financial conditions and prospects; the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit; additional or increased taxes and fees; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; loss of key or highly skilled personnel; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine manufacturing and other technology conditions that could impose additional costs; inability to negotiate agreements with industry constituents, including horsemen and other racetracks; inability to successfully expand our TwinSpires Sports and Casino business and effectively compete; inability to identify and complete expansion, acquisition or divestiture projects, on time, on budget or as planned; difficulty in integrating recent or future acquisitions into our operations; costs and uncertainties relating to the development of new venues and expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including fluctuations in market values and environmental regulations; reliance on our technology services and catastrophic events and system failures disrupting our operations; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach, including customers’ personal information, could lead to government enforcement actions or other litigation; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or applicable money-laundering regulations; payment-related risks, such as risk associated with fraudulent credit card and debit card use; work stoppages and labor issues; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; and increase in our insurance costs, or obtain similar insurance coverage in the future, and inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Press Contacts

Logan Spradlin
Communications Manager

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Churchill Downs Supports Tornado Relief Efforts with $50,000 Donation from Kentucky and Ohio Properties

Churchill Downs Incorporated joined community partner Kroger, ESPN 680 Louisville and Louisville, Kentucky-based Phocus to support vital relief and recovery efforts following devastating tornados in Kentucky.

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Churchill Downs Incorporated Vice President of Government Relations, Betsy Janes, appointed to Greater Louisville Inc. Board of Directors

LOUISVILLE, KY., (February 26, 2022) Today, Betsy Janes, Vice President of Government Relations at Churchill Downs Incorporated (CDI), was named to the Greater Louisville Inc.’s (GLI) Board of Directors. Janes joins 65 other directors who govern over the non-profit organization, along with 11 executive committee members and four officers. The board is committed to drive job and wealth creation as GLI works closely with government partners on the local, state and federal levels to improve the region’s business environment.

In total, the GLI board welcomed five new directors from a variety of industries and backgrounds. They include:

  • Dennis Heishman, CEO commercial banking, Old National Bank
  • Betsy Janes, vice president of government relations, Churchill Downs Inc.
  • Jeff O’Brien, chief, Louisville Forward
  • Alan Wheatley, retail segment president, Humana
  • Nicole Yates, associate vice president of community engagement, Passport Health Plan by Molina Healthcare

“On behalf of GLI, we are thrilled to welcome new directors and leadership to our board. Having new perspectives from different industries is the best way to ensure our organization is meeting the needs of the entire business community. I am looking forward to working with each of them to use their expertise to propel our mission forward,” said Sarah Davasher-Wisdom, president and CEO of GLI.

About Churchill Downs Incorporated

Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event, the Kentucky Derby. We own and operate three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines in Kentucky. We also own and operate TwinSpires, one of the largest and most profitable online wagering platforms for horse racing, sports and iGaming in the U.S. and we have seven retail sportsbooks. We are also a leader in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals and 200 table games. Additional information about CDI can be found online at www.churchilldownsincorporated.com.

Certain statements made in this news release contain various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions). 

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, among others, that may materially affect actual results or outcomes include the following: the impact of the novel coronavirus (COVID-19) pandemic, including the emergence of variant strains, and related economic matters on our results of operations, financial conditions and prospects; the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit; additional or increased taxes and fees; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; loss of key or highly skilled personnel; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine manufacturing and other technology conditions that could impose additional costs; inability to negotiate agreements with industry constituents, including horsemen and other racetracks; inability to successfully expand our TwinSpires Sports and Casino business and effectively compete; inability to identify and complete expansion, acquisition or divestiture projects, on time, on budget or as planned; difficulty in integrating recent or future acquisitions into our operations; costs and uncertainties relating to the development of new venues and expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including fluctuations in market values and environmental regulations; reliance on our technology services and catastrophic events and system failures disrupting our operations; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach, including customers’ personal information, could lead to government enforcement actions or other litigation; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or applicable money-laundering regulations; payment-related risks, such as risk associated with fraudulent credit card and debit card use; work stoppages and labor issues; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; and increase in our insurance costs, or obtain similar insurance coverage in the future, and inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Press Contacts

Logan Spradlin
Communications Manager

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General Manager of Derby City Gaming, Garth Williams, selected to participate in Leadership Louisville Center’s Bingham Fellows Program

LOUISVILLE, KY., (January 10, 2022) Today, Garth Williams, General Manager of Derby City Gaming, was announced as a member of the 2022 Leadership Louisville Center’s Bingham Fellows program. The Bingham Fellows program annually brings together around 45 experienced Louisville leaders to address one of the region’s most critical issues. A diverse class of participants is selected following a competitive application process to ensure each class includes content experts and unique voices representing all parts of the community.

Williams and the class of 2022 will focus on how they can leverage the dramatic changes over the last two years to adapt and reinvent Louisville’s city center. They’ll work on three separate project teams developing strategies to create a more vibrant, resilient, and equitable urban core.

For more information about Leadership Louisville Center and the Bingham Fellows Program, visit https://www.leadershiplouisville.org/.

About Churchill Downs Incorporated

Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event, the Kentucky Derby. We own and operate three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines in Kentucky. We also own and operate TwinSpires, one of the largest and most profitable online wagering platforms for horse racing, sports and iGaming in the U.S. and we have seven retail sportsbooks. We are also a leader in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals and 200 table games. Additional information about CDI can be found online at www.churchilldownsincorporated.com.

Certain statements made in this news release contain various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions). 

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, among others, that may materially affect actual results or outcomes include the following: the impact of the novel coronavirus (COVID-19) pandemic, including the emergence of variant strains, and related economic matters on our results of operations, financial conditions and prospects; the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit; additional or increased taxes and fees; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; loss of key or highly skilled personnel; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine manufacturing and other technology conditions that could impose additional costs; inability to negotiate agreements with industry constituents, including horsemen and other racetracks; inability to successfully expand our TwinSpires Sports and Casino business and effectively compete; inability to identify and complete expansion, acquisition or divestiture projects, on time, on budget or as planned; difficulty in integrating recent or future acquisitions into our operations; costs and uncertainties relating to the development of new venues and expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including fluctuations in market values and environmental regulations; reliance on our technology services and catastrophic events and system failures disrupting our operations; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach, including customers’ personal information, could lead to government enforcement actions or other litigation; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or applicable money-laundering regulations; payment-related risks, such as risk associated with fraudulent credit card and debit card use; work stoppages and labor issues; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; and increase in our insurance costs, or obtain similar insurance coverage in the future, and inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Press Contacts

Logan Spradlin
Communications Manager

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Derby City Gaming Opens New Hotel, Restaurant and Expanded Gaming Floor

Derby City Gaming & Hotel (“Derby City Gaming”) held a grand opening event celebrating the completion of its 123-room hotel, chophouse, bourbon bar and sports bar. KY Senate President, Robert Stivers and Mayor Craig Greenberg joined Senior Churchill Downs Incorporated (“CDI”) and Derby City Gaming leadership for a ribbon cutting ceremony and VIP Event on Thursday, June 8 with reservations opening to the public on June 12.

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CDI Team Fills The Hope Buss with 148 Bags of Warmth for the Holidays to Commemorate Kentucky Derby 148

Team members from Churchill Downs Incorporated came together to deliver some hope to the community by packing The Hope Buss with essential winter items ahead of the Thanksgiving holiday. The CDI employees, which consisted of members from the company’s corporate office, United Tote and TwinSpires business units, donated scarves, gloves, hats, socks, canned heat and hand and foot warmers to be distributed. The collection resulted in 148 bags that were donated to The Hope Buss to commemorate the upcoming 148th running of the Kentucky Derby as well as food items to be used toward Thanksgiving meals that will be cooked and delivered by The Hope Buss on Thanksgiving Day.

“Team members at CDI are always interested in participating in activities that allow them to give back to their community,” said Saundra Mattingly, CDI’s coordinator for this year’s donation drive. “Our goal was to engage by doing more than just donating, but to team build by filling 148 bags with items that many of us may take for granted, but that will truly change the circumstances of some less fortunate in our community. Finally, it was important to interact with the incredible team from The Hope BUSS and see this transformative vehicle that will be delivering hope throughout Louisville.”

Some team members will serve as “Hope Dealers” in the days leading to Thanksgiving by joining The Hope Buss in serving the houseless community.

To learn more about The Hope Buss, please visit TheHopeBuss.org.

About Churchill Downs Incorporated

Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event, the Kentucky Derby. We own and operate three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines in Kentucky. We also own and operate TwinSpires, one of the largest and most profitable online wagering platforms for horse racing, sports and iGaming in the U.S. and we have seven retail sportsbooks. We are also a leader in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals and 200 table games. Additional information about CDI can be found online at www.churchilldownsincorporated.com.

This news release contains various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions).

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, among others, that may materially affect actual results or outcomes include the following: the impact of the novel coronavirus (COVID-19) pandemic, including the emergence of variant strains, and related economic matters on our results of operations, financial conditions and prospects; the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit; additional or increased taxes and fees; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; loss of key or highly skilled personnel; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine manufacturing and other technology conditions that could impose additional costs; inability to negotiate agreements with industry constituents, including horsemen and other racetracks; inability to successfully expand our TwinSpires Sports and Casino business and effectively compete; inability to identify and complete expansion, acquisition or divestiture projects, on time, on budget or as planned; difficulty in integrating recent or future acquisitions into our operations; costs and uncertainties relating to the development of new venues and expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including fluctuations in market values and environmental regulations; reliance on our technology services and catastrophic events and system failures disrupting our operations; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach, including customers’ personal information, could lead to government enforcement actions or other litigation; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or applicable money-laundering regulations; payment-related risks, such as risk associated with fraudulent credit card and debit card use; work stoppages and labor issues; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; and increase in our insurance costs, or obtain similar insurance coverage in the future, and inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Press Contacts

Nick Zangari
Vice President, Treasury, Investor Relations & Risk Management

Tonya Abeln
Vice President, Corporate Communications

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Churchill Downs Incorporated Logo
Indiana Gaming Commission Selects Churchill Downs Incorporated’s Application for a Casino Owner’s License in Vigo County, Indiana

Churchill Downs Incorporated announced today that the Indiana Gaming Commission selected the Company’s application for a casino owner’s license to develop the Queen of Terre Haute Casino Resort in Vigo County, Indiana.

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Churchill Downs and University of Louisville Athletics Join Forces to Bring Together Horses & Hoops

LOUISVILLE, KY., (August 12, 2021) Thoroughbred Racing will meet Louisville Cardinals Basketball on Saturday, September 18 when Louisville Live, the University of Louisville’s annual preseason basketball event, comes to Downs After Dark presented by Budweiser at Churchill Downs Racetrack.

To celebrate the theme of “Horses & Hoops,” fans are encouraged to wear Cardinals gear to this one-of-a-kind experience that will bring together two Louisville sports legacies under the famed Twin Spires. Gates will open at 5 p.m. with the first race scheduled to begin at 6 p.m. The 11-race nighttime card features 5 stakes races including: The Iroquois (GIII) “Win and You’re in Breeders’ Cup Juvenile Division,” The Locust Grove (GIII), The Pocahontas (GII) “Win and You’re In Breeders’ Cup Juvenile Fillies Division,” The Louisville Thoroughbred Society and The Open Mind (Listed).

Meanwhile, the spacious 30,000-square-foot Plaza adjacent to the saddling paddock at Churchill Downs will showcase pulsating live entertainment featuring the Cardinals’ men’s and women’s basketball teams on a portable court. The entertainment line-up will also include official DJ for the Louisville Cardinals, DJ K-Dogg, who will spin game-time favorites from the Plaza stage.

UofL’s 1986 NCAA Championship men’s basketball team, guided by then future Hall of Fame Coach Denny Crum, will participate in the festivities and will be available to sign autographs prior to the Louisville Live main feature at 7:15 p.m.

Two specialty cocktails will be sold at the Old Forester Paddock Bar and the Spend a Buck Bar on the second floor of the Clubhouse in the Food Court: “The Cardinal Crush” and “The Slam Dunk.”

General admission to Downs After Dark is $12 and includes an official program. Guests under the age of 18 will only be admitted to the track if accompanied by a parent or adult guardian. Limited premium dining packages are available starting at $69 per person. Outdoor-third floor box seats are on sale for $27 per person. Reserved seating can be purchased online at www.ChurchillDowns.com/Tickets.

About Churchill Downs Incorporated

Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event, the Kentucky Derby. We own and operate three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines in Kentucky. We also own and operate TwinSpires, one of the largest and most profitable online wagering platforms for horse racing, sports and iGaming in the U.S. and we have seven retail sportsbooks. We are also a leader in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals and 200 table games. Additional information about CDI can be found online at www.churchilldownsincorporated.com.

About Churchill Downs Racetrack

Churchill Downs Racetrack (“CDRT”), the world’s most legendary racetrack, has been the home of The Kentucky Derby, the longest continually held annual sporting event in the United States, since 1875. Located in Louisville, CDRT features a series of themed race days during Derby Week, including the Kentucky Oaks, and conducts Thoroughbred horse racing during three race meets in the Spring, September, and the Fall. CDRT is located on 175 acres and has a one-mile dirt track, a 7/8-mile turf track, a stabling area, and provides seating for approximately 60,000 guests. The saddling paddock and the stable area has barns sufficient to accommodate 1,400 horses and a 114-room dormitory for backstretch personnel. CDRT also has a year-round simulcast wagering facility. www.ChurchillDowns.com.

Certain statements made in this news release contain various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions). 

Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, among others, that may materially affect actual results or outcomes include the following: the impact of the novel coronavirus (COVID-19) pandemic, including the emergence of variant strains, and related economic matters on our results of operations, financial conditions and prospects; the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather; the effect of economic conditions on our consumers' confidence and discretionary spending or our access to credit; additional or increased taxes and fees; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; loss of key or highly skilled personnel; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine manufacturing and other technology conditions that could impose additional costs; inability to negotiate agreements with industry constituents, including horsemen and other racetracks; inability to successfully expand our TwinSpires Sports and Casino business and effectively compete; inability to identify and complete expansion, acquisition or divestiture projects, on time, on budget or as planned; difficulty in integrating recent or future acquisitions into our operations; costs and uncertainties relating to the development of new venues and expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including fluctuations in market values and environmental regulations; reliance on our technology services and catastrophic events and system failures disrupting our operations; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach, including customers’ personal information, could lead to government enforcement actions or other litigation; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or applicable money-laundering regulations; payment-related risks, such as risk associated with fraudulent credit card and debit card use; work stoppages and labor issues; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; and increase in our insurance costs, or obtain similar insurance coverage in the future, and inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events.

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

 

We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Press Contacts

Nick Zangari
Vice President, Treasury, Investor Relations & Risk Management

Tonya Abeln
Vice President, Corporate Communications

You may also be interested in:

Churchill Downs Supports Tornado Relief Efforts with $50,000 Donation from Kentucky and Ohio Properties

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Read More
Casey C. Ramage Named Vice President of Marketing and Partnerships for Churchill Downs Racetrack and the Kentucky Derby

Churchill Downs announced today that Casey C. Ramage has been named Vice President of Marketing and Partnerships for the famous racetrack.

Read More
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Team members from Churchill Downs Incorporated came together to deliver some hope to the community by packing The Hope Buss with essential winter items ahead of the Thanksgiving holiday.

Read More