Churchill Down Incorporated Celebrates the Holidays with Giving Across Properties
Louisville, KY (December 21, 2020) – To celebrate the upcoming Christmas holiday as well as this annual time of giving, several Churchill Downs Incorporated properties have found different ways to show their support for their communities and help make this time of the year extra special for some of those who need it most.
Churchill Downs Incorporated in Louisville, Kentucky, fulfilled the wishlists of 15 children and donated over $500 in gift cards to Maryhurst, which helps children and families in crisis. It also contributed to Wreaths Across America, which saw 1,500 wreaths laid on the graves of fallen soldiers in Zachary Taylor National Cemetery just days before Christmas.
Derby City Gaming in Louisville, Kentucky, donated 2,500 candy canes to South Louisville Community Ministries.
Fair Grounds Race Course & Slots in New Orleans, Louisiana, offered a Christmas toy drop and a Thanksgiving turkey drop at Covenant House, which works to help homeless children.
Harlow’s Casino Resort & Spa in Greenville, Mississippi, donated $2,000 to their local chapter of the Boys & Girls Club, and $1,500 to Metro United Way. Additionally, they were able to contribute multiple bicycles to the mayor’s toy drive.
Lady Luck at Nemacolin in Farmington, Pennsylvania, participated in The Salvation Army’s Treasures for Children drive, which included a “mitten tree” that saw employees hang mittens and hats to later be donated.
Oak Grove Racing & Gaming in Oak Grove, Kentucky, collected and distributed 882 toys and 632 cans of food across three Oak Grove community-connected nonprofits including USO, Oak Grove Community Cares and YAIPaks.
This is all in addition to other recent efforts by CDI properties, including a donated day of landscaping and cleanup at The Center for Women and Families as well as a collaboration with The LEE Initiative by Churchill Downs Racetrack, a $1,000 donation each to The Salvation Army and Make-A-Wish Mississippi by Harlow’s Casino Resort & Spa, a $150,000 donation across 12 nonprofits on Giving Tuesday as well as a turkey drive for Volunteers of America by Churchill Downs Incorporated, and a donation of 835 pounds of food to Brighton Center by Newport Racing & Gaming.
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 also own and operate three pari-mutual gaming entertainment venues in Kentucky: Derby City Gaming; Oak Grove Racing, Gaming, and Hotel; and Newport Racing and Gaming. Our online wagering business owns and operates TwinSpires.com, the largest and most profitable online horse racing wagering platform in the U.S., and BetAmerica, an online sports betting and iGaming platform in the U.S. We are also a leader in brick-and-mortar casino gaming with approximately 11,000 slot machines and video lottery terminals and 200 table games in eight states. Additional information about CDI can be found online at www.churchilldownsincorporated.com.
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 effect of economic conditions on our consumers’ confidence and discretionary spending or our access to credit; additional or increased taxes and fees; public perceptions or lack of confidence in the integrity of our business or any deterioration in our reputation; loss of key or highly skilled personnel; restrictions in our debt facilities limiting our flexibility to operate our business; general risks related to real estate ownership, including fluctuations in market values and environmental regulations; catastrophic events and system failures disrupting our operations; online security risk, including cyber-security breaches; inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events; increases in insurance costs and inability to obtain similar insurance coverage in the future; inability to identify and complete acquisition, expansion 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; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; inadvertent infringement of the intellectual property of others; inability to protect our own intellectual property rights; payment-related risks, such as risk associated with fraudulent credit card and debit card use; compliance with the Foreign Corrupt Practices Act or applicable money-laundering regulations; risks related to pending or future legal proceedings and other actions; inability to negotiate agreements with industry constituents, including horsemen and other racetracks; work stoppages and labor issues; changes in consumer preferences with respect to Churchill Downs Racetrack and the Kentucky Derby; personal injury litigation related to injuries occurring at our racetracks; weather and other conditions affecting our ability to conduct live racing; the occurrence of extraordinary events, such as terrorist attacks and public health threats, including the ongoing impact of the novel coronavirus (COVID-19 virus); changes in the regulatory environment of our racing operations; increased competition in the horseracing business; difficulty in attracting a sufficient number of horses and trainers for full field horseraces; our inability to utilize and provide totalizator services; changes in regulatory environment of our online horseracing business; number of people wagering on live horse races; increase in competition in our online horseracing; uncertainty and changes in the legal landscape relating to our online wagering business; continued legalization of online sports betting and iGaming in the United States and our ability to predict and capitalize on any such legalization; inability to expand our sports betting operations and effectively compete; failure to manage risks associated with sports betting; failure to comply with laws requiring us to block access to certain individuals could result in penalties or impairment with respect to our mobile and online wagering products; increased competition in our casino business; changes in regulatory environment of our casino business; and concentration and evolution of slot machine manufacturing and other technology conditions that could impose additional costs; and inability to collect gaming receivables from the customers to whom we extend credit.
Press Contacts
Nick Zangari
Vice President, Treasury, Investor
Relations & Risk Management
Phone: (502) 394-1157
Email: [email protected]