Churchill Downs Incorporated Names Bobbi Sample General Manager of The Rose Gaming Resort

The Dumfries, Virginia, Resort to Open in Spring 2024 

LOUISVILLE, KY., (August 15, 2023– Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) announced today the promotion of Bobbi Sample to General Manager of The Rose Gaming Resort (“The Rose”) in Dumfries, Virginia. In this role, Sample will oversee all operations of the new gaming resort that will include a luxury hotel, eight bars and restaurants, a cultural venue, meeting and event space and over 80 acres of green space. The Resort is expected to open in Spring 2024. 

Sample is a veteran operator who brings over 25 years of leadership experience in the gaming and entertainment industries, most recently serving as the General Manager for Ocean Downs Casino in Berlin, Maryland, where she assisted in opening the $54 million casino property and hiring and training 200 team members. Sample is originally from Pittsburgh, Pennsylvania, and is a graduate of the University of Delaware. Prior to her employment with CDI, Sample held leadership positions at Delaware Park Casino and Racetrack and White Clay Creek Country Club at Delaware Park. 

“Bobbi’s leadership is a great addition to The Rose and I look forward to working with her as we move toward the highly-anticipated opening and the many benefits this project will have for the community.” said Jack Sours, Vice President of Gaming Operations for CDI. 

“I’m honored and excited to further my career with CDI as the company continues to expand and create extraordinary experiences in Virginia.” said Sample. “We’re prepared to hit the ground running and I’m eager to welcome new team members to the Churchill Downs family over the coming months.” 

Sample’s promotion is effective immediately. CDI has initiated a search to fill the position of General Manager of Ocean Downs Casino. 

About Churchill Downs Incorporated

Churchill Downs Incorporated (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. 

About The Rose Gaming Resort

Expected to open in spring 2024, The Rose Gaming Resort (“The Rose”), a $372 million gaming and entertainment complex destination, will be located alongside I-95 in Dumfries, Virginia. The Rose will include a 50,000 square foot gaming facility with over 1,100 games, luxury hotel, eight bars and restaurants, a cultural venue, meetings and events space and over 80 acres of green space. The Rose will generate an estimated $35.5 million in annual tax revenues and create more than 500 full and part-time jobs. 

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.