Churchill Downs Partners With ‘Mattress Mack’ to Host Kentucky Derby Foster Family Initiative

LOUISVILLE, Ky. (Tuesday, April 27, 2021) – Churchill Downs Racetrack announced today a new partnership with Jim “Mattress Mack” McIngvale that will welcome nearly 300 representatives from Kentucky’s Foster Care sector as guests to the Kentucky Derby. The first-ever Kentucky Derby Foster Family Initiative connects McIngvale’s passion for the life-changing work made possible through the Foster Care system with Churchill Downs’ Louisville nonprofit partners, Maryhurst and Boys & Girls Haven, who locally provide those social services.   

McIngvale is a native of Texas and is well-known for using his high-stakes bets on sports as creative marketing promotions for his Houston-based mattress and furniture store, Gallery Furniture. His commitment to Foster Care work was inspired by his recently-adopted grandson, Brodie, in June 2019. His daughter Laura McIngvale Brown and her husband Phil Brown officially welcomed Brodie into their family after serving as foster parents.     

“I have seen firsthand the importance of Foster Care and Brodie has been a true joy in my life,” McIngvale shared. “I’m thrilled to partner through Churchill Downs with these Louisville nonprofit organizations that work tirelessly to help children and families thrive. I couldn’t be happier to help provide them the opportunity to enjoy this year’s Kentucky Derby.”

Churchill Downs will be working with long-time charitable partners Maryhurst and Boys & Girls Haven to identify foster parents, alumni and social service workers and staff in the industry to host for the 147th running of the Kentucky Derby.

“We are always excited for the opportunity to use the unforgettable experience of the Kentucky Derby as a platform for good,” said Churchill Downs Racetrack President Mike Anderson. “It’s incredibly rewarding when we can combine our charitable goals with a partner like Mattress Mack and give back to those in our community who, through their work or volunteerism, make our city and our world a better place.” 

Maryhurst, Kentucky’s oldest child-serving nonprofit organization, works to prevent abuse, restore hope and empower survivors of trauma and abuse. Maryhurst provides community-based counseling and wellbeing services, residential treatment and community and transitional living support.

“We are so grateful for our long standing partnership with Churchill Downs,” said Micah Jorrisch, vice president of external relations for Maryhurst. “This generous donation from Mattress Mack has presented a wonderful chance to recognize professionals and foster families who work tirelessly to ensure that every child in Kentucky has the opportunity to thrive.” 

Boys & Girls Haven is a nonprofit transforming the lives of abandoned, abused and neglected children. Their programs include in-home Foster Care, residential Foster Care, transitional living, independence readiness and Haven family services.

“For over 70 years, we have provided a home and a future for our community’s most vulnerable young people,” said Amanda Masterson, CEO of Boys and Girls Haven. “We are proud to be a part of the Kentucky Derby Foster Family Initiative; we are grateful for the support and ongoing partnership with Churchill Downs.”

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 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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