Miami Valley Gaming to Award Over $90,000 in Charitable Donations to Mark 10th Anniversary

LEBANON, OH., (December 7, 2023– Miami Valley Gaming (“MVG”) announces over $90,000 in Charity donations to mark its 10 year anniversary on Dec 8  at 1:30pm with the help of Senator Steve Wilson, Ohio State Senate 7th District, Representative Adam Mathews, Ohio House of Representatives 56th District and Commissioner Shannon Jones, President of the Board of Warren County Commissioners.

Miami Valley Gaming and Racing opened its doors on December 13, 2013.  As the company has grown over the decade it has consistently included the local community in that success.  The addition of the 10th anniversary funds that will be donated as part of the December 8, 2023 event will bring the total donated by MVG to over $4.6 million since opening.

“10 years is an important landmark for any business and MVG is no exception” said Craig Robinson, President and General Manager of MVG. “We have much to celebrate in terms of our business, our customers, our staff and the community. Our goal from the start 10 years ago was, and remains today, to enrich and strengthen the organizations and initiatives that benefit this community we all share. The team here at MVG takes great pride in working with the surrounding communities. One of the best returns on our investment during these past 10 years has been the opportunity to get to know and work shoulder-to-shoulder with so many outstanding and passionate partners in the communities that surround us. To commemorate we are proud to be presenting over $90,000 in donations to several of our local community partners.”

Recipients of the donations include Lebanon Food Pantry, Warren County Community Services, Inc. (WCCS), United Way of Warren County, Alzheimer’s Association, Humane Association of Warren County, Pink Ribbon Good and Folds of Honor.

The state and county leaders will engage in a friendly game of Pass the Buckeye with The Lucky Buckeye Company characters on behalf of two of the charities receiving donations.

About Miami Valley Gaming

Miami Valley Gaming & Racing LLC is a joint venture partnership between two gaming, racing and hospitality leaders: Delaware North Companies Gaming & Entertainment, part of global hospitality provider Delaware North Companies, and Churchill Downs Incorporated, owner and operator of the world-renowned Churchill Downs Racetrack – home of the Kentucky Derby. The facility is located midway between Dayton and Cincinnati, Ohio – just off of I-75 at Exit 29.

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.

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 any pandemics, epidemics, or outbreaks of infectious diseases, including the impact of any future developments related to COVID-19, 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.