Churchill Downs Incorporated Statement on Sports Betting in Kentucky

LOUISVILLE, KY. (March 31, 2023– Churchill Downs Incorporated is excited to bring our experience operating brick & mortar sports wagering venues to our home state of Kentucky. All of our HRM facilities throughout the state were designed with this possibility in mind and will be ready to offer sports betting under the regulations and timing of the Kentucky Horse Racing Commission.

We commend Senate President Stivers, Speaker David Osbourne, Senator Damon Thayer, Bill Sponsor, Representative Michael Meredith and Governor Beshear for taking action to bring this significant economic opportunity to our state.

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.