Derby City Gaming & Hotel Donates Over $14k to Blessings in a Backpack Louisville Chapter Through Donation Station Initiative

LOUISVILLE, KY., (October 13, 2023) – Derby City Gaming & Hotel (“Derby City”) today celebrated the donation of $14,800 to Blessings in a Backpack Louisville Chapter (“BIB”) through their Donation Station initiative. Funds raised will benefit the organizations mission to provide food on the weekend to school-aged children who otherwise might go hungry. In total, BIB will be able to immediately provide food for 98 children through this impactful donation.

Launched in October of 2021, the Derby City Donation Stations allow for guests to donate cash, coins and winning tickets to support a designated quarterly non-profit beneficiary. The initiative has successfully raised over $58k for Kentuckiana based organizations including: Volunteers of America Mid-States, Wesley House Community Services and Christopher 2X Gamechangers.

“Blessings in a Backpack feeds kids on the weekend that qualify for federal free and reduced lunch program. Many times, the kids that we serve depend on these meals during the week of school, but when they go home for the weekend, they have nothing to eat, so that’s where Blessings in a Backpack comes in.” said Kim Holsclaw, Managing Director of BIB Louisville Chapter. “Every Friday we hand a bag of food directly to the kids and this food sustains them over the weekend for 65 hours until they return to school on Monday.”

To learn more about Blessings in a Backpack and how you can support their mission, visit: https://www.blessingsinabackpack.org/.


About Blessings in a Backpack

Blessings in a Backpack mobilizes communities, individuals and resources to provide food on the weekends for school-aged children across America who might otherwise go hungry. As a leader in the movement to end childhood hunger, Blessings in a Backpack strives to ensure children do not go hungry on the weekends by empowering individuals and communities to take action. Blessings in a Backpack is a 501(c)(3) non-profit organization. During the 2022–2023 school year, they distributed more than 3.3 million bags of ready-to-eat food to children at 1,270 schools in 46 U.S. states and the District of Columbia. https://www.blessingsinabackpack.org/

About Derby City Gaming & Hotel

Located approximately five miles from both the Louisville International Airport and the historic Churchill Downs Racetrack, Derby City Gaming & Hotel is a 228,000 regional gaming destination featuring over 1,300 state-of-the-art Historical Racing Machines with over 220 popular game themes. The entertainment venue also includes a 123-room hotel, dedicated smoking and gaming patio with over 260 games, Race & Sports Book, along with locally-inspired food and beverage offerings including its signature Oliver’s Chophouse & Bourbon bar, spacious center bar, sports bar and two casual dining locations. www.DerbyCityGaming.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.