Subscribe to our Daily Digest e-mail
Churchill Downs Inc. Issues Furloughs, Salary Reductions at 10 Locations in Response to Coronavirus Outbreak

Churchill Downs Inc. announced on Wednesday that it will begin temporarily furloughing workers at 10 of its properties across the country as a result of the orders by state and local governments to cease operations there due to the spread of the novel coronavirus.

share

Churchill Downs

5/26/2020

article Churchill Downs to Pay $124 Million in Class Action Lawsuit Settlement
(Kentucky) -- Racing and casino company Churchill Downs (NASDAQ:CHDN), organizer of the world-famous Kentucky Derby race, has agreed to pay $124 million to settle two...

5/15/2020

article A look at Churchill Downs, as horse racing prepares to resume
(Kentucky) -- Let the races begin. After several delays because of coronavirus concerns that ended up postponing the Kentucky Derby to Labor Day weekend, Churchill Downs...

5/8/2020

article Some Churchill Downs employees working, questions remain
(Kentucky) -- While gates remain closed to fans at Churchill Downs, online betting is open for business. Horses are set to return to the backside on May 11. To prepare,...

5/4/2020

article Churchill Downs to build $38.4 million gaming facility in Newport
(Kentucky) -- Churchill Downs is bringing a multi-million dollar gaming facility to Newport later this year, officials announced Monday. The $38.4 million facility,...
article Churchill Downs to build ‘Florence Extension’ $38.4 million gaming facility in Newport Plaza
(Kentucky) -- As part of its foray into Northern Kentucky, Louisville-based Churchill Downs Inc. has announced plans to build a $38.4 million gaming facility in the...

5/3/2020

article At a quiet Churchill Downs, the fastest two minutes in sports feels like an eternity away
(Kentucky) -- For an event that embodies spring and engenders heaps of frivolity and fuss that wouldn’t quite seem right for the colder months, perhaps the best...

4/29/2020

article Churchill Downs to reopen stables, race without spectators
(Kentucky) -- Churchill Downs will open stables at the track and training center in phases starting May 11 before races are run during its spring meet without spectators...
article Churchill Downs’ closed casinos spoil online race betting surge
(Wall Street) -- Casino and betting operator Churchill Downs Incorporated (CDI) lost $23.4m in the first quarter of 2020 as online race betting growth failed to offset...
article Churchill Downs Reports Q1 Results, Says It Has Cash Reserves for a Year or More
(Wall Street) -- Entertainment, wagering, and racing company Churchill Downs Incorporated (NASDAQ:CHDN) reported its first-quarter results today after the stock market...

3/31/2020

article Churchill Downs to furlough workers at 10 casino and racetrack locations
(Kentucky) -- Churchill Downs issued a press release this week announcing a cost-cutting measure taken in response to the government shutdown of the venues to help...

3/27/2020

article Churchill Downs Inc. Issues Furloughs, Salary Reductions at 10 Locations in Response to Coronavirus Outbreak
(Kentucky) -- Churchill Downs Inc. announced on Wednesday that it will begin temporarily furloughing workers at 10 of its properties across the country as a result of...

2/7/2020

article Churchill Downs announces hiring of general manager of OG Racing, Gaming and Hotel
(Kentucky) -- Churchill Downs Incorporated recently announced the hiring of Oak Grove Racing, Gaming & Hotel’s new president and general manager. Churchill...

2/6/2020

article Churchill Downs Incorporated Announces Hiring of General Manager of Oak Grove Racing, Gaming & Hotel
(Kentucky) -- Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced today the hiring of Darold Londo as President and General Manager of Oak Grove...

11/4/2019

article In Churchill Downs Online Bets Fell, But Casino Operations Made up for it
(Wall Street) -- The fall in online gaming operations of Churchill Downs Incorporated during the third quarter of this year, were offset by the company’s pseudo...

10/31/2019

article 'We'll just have to see': Churchill Downs CEO leaves Arlington's future uncertain
(Virginia) -- The future of Arlington International Racecourse wasn't made any clearer Thursday when its corporate owner discussed the historic track and its other...
article Churchill Downs plans $300 million project to add hotel, casino at track’s first turn
(Kentucky) -- Churchill Downs Racetrack announced a number of major capital investments that promise an unparalleled variety of new VIP guest experiences, including the...
article Churchill Downs project includes hotel, gaming, new seats
(Kentucky) -- The home of the Kentucky Derby plans to begin work next month on a $300 million project that will include a hotel, historical racing machines, new stadium...
article Churchill Downs’ online wagering falls on launch, marketing costs
(Kentucky) -- Churchill Downs Incorporated’s casino and pseudo-slots operations offset a decline in the company’s online gambling operations in the third...

10/9/2019

press release Churchill Downs Incorporated Completes Acquisition of Turfway Park
(Kentucky) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today that, through its wholly-owned subsidiary NKYRG, LLC, it has completed...

10/7/2019

article Churchill Downs to “to restore Turfway to its former glory” in $46m acquisition
(Kentucky) -- Louisville-headquartered racetrack and casino operator, Churchill Downs Inc. (NASDAQ: CHDN), has reportedly entered into an agreement to acquire the...

10/3/2019

article Churchill Downs agrees to buy Turfway Park for $46 million
(Kentucky) -- Churchill Downs has signed an agreement to buy Turfway Park for $46 million with plans to eventually demolish its grandstand and build a $150 million...
article Churchill Downs is buying Turfway Park. What that means for Northern Kentucky and racing
(Kentucky) -- Churchill Downs will buy Turfway Park in a deal that frees the Northern Kentucky horse racing business away from nearby casino ownership, which regulators...

7/8/2019

article Prize money surges for horsemen racing at Churchill Downs
(Kentucky) -- Churchill Downs says its new gaming venue is already paying dividends for horsemen racing at the Louisville track. Track officials say Churchill paid a...

6/21/2019

article Regulators OK Churchill Downs' purchase, but say not enough women, minorities in ownership
(Illinois) -- Kentucky-based Churchill Downs Inc. completed its $326 million acquisition of a majority stake in Rivers Casino in Des Plaines despite state gambling...

6/19/2019

article Churchill Downs partners on private, off-track betting in downtown Louisville club
(Kentucky) -- Churchill Downs and a group of investors are teaming on a deal to offer pari-mutuel wagering and simulcast betting for the first time in downtown...

5/3/2019

article Churchill Plans no Fixed-Odds Derby Wagering This Year
(Kentucky) -- Churchill Downs Inc.'s entrance into sports wagering under its BetAmerica brand will not mean Churchill-sanctioned, fixed-odds wagering on this year...

4/9/2019

article Churchill Downs breaks ground on Oak Grove, Ky. racetrack
(Kentucky) -- Churchill Downs Inc. and Keeneland Association broke ground Tuesday on Oak Grove Racing & Gaming, a live horse racing venue that will also have up to...

3/11/2019

article Lady Luck Casino Nemacolin to be managed by Churchill Downs under new deal
(Pennsylvania) -- Churchill Downs Inc., operator of the famed Kentucky Derby, will assume management of Lady Luck Casino Nemacolin in Fayette County following an...

3/9/2019

article Churchill Downs Incorporated Completes Transaction to Assume Management of Lady Luck Casino Nemacolin
(Kentucky) -- Churchill Downs Incorporated (“CDI” or the “Company”) (CHDN) today announced that it has completed its previously announced...

3/1/2019

article Churchill Downs gets OK to take control of Rivers Casino in Des Plaines
(Illinois) -- Churchill Downs Inc. was directed to seek female and minority investors as a condition of gaining approval from an Illinois agency Friday to complete a...

2/28/2019

article Churchill Downs closing in on $407M casino deal
(Illinois) -- Louisville-based Churchill Downs Inc. could close a major transaction within weeks if it lands needed approval Friday from the Illinois gaming board. And...

1/13/2019

article Churchill Downs completes purchase of Presque Isle Downs & Casino
(Pennsylvania) -- Churchill Downs agreed in 2018 to the $178.9 million purchase of the Summit Township racetrack, casino. Churchill Downs Inc. on Friday announced that...

12/12/2018

article As fines mount, Churchill Downs working to fix 'instant racing' games
(Kentucky) -- Churchill Downs is working to correct a flaw in all 900 gaming machines at its new $65 million Derby City facility in Louisville after state regulators...

11/16/2018

article Churchill Downs' new racing machines are cutting slots win at Horseshoe
(Kentucky) -- For the past two decades, Churchill Downs has been losing foot traffic and cash to the casino downriver from Louisville and others anchored on the Ohio...

11/12/2018

article Churchill execs, directors scoop up shares after casino purchase announcement
(Kentucky) -- A handful of Churchill Downs Inc. directors and executives are scooping up millions more in company stock shortly after the company announced it is buying...

11/2/2018

article Churchill Downs may add slot-like games, hotel at historic racetrack
(Kentucky) -- Historical racing terminals and a hotel could be in the works for the track at 700 Central Avenue, according to a presentation the company made for...

11/1/2018

article Churchill Downs to buy majority stake in Rivers Casino Des Plaines
(Illinois) -- Churchill Downs Inc. is making another big move in the casino business. The Louisville-based casino, gaming and racing company said it is acquiring 100...

10/19/2018

article Churchill Downs dives deeper into online gaming world with new partnership (reg req)
(New Jersey) -- Churchill Downs Inc. has a new gaming partner as it expands its reach nationally as more states legalize online betting. Churchill Downs (NASDAQ: CHDN)...

9/18/2018

article Churchill Downs bets on legalized sports gambling with new facility
(Kentucky) -- As lawmakers weigh allowing sports gambling in Kentucky, Churchill Downs has laid the groundwork to be first out of the gate if betting is approved. The...

9/5/2018

article Churchill Downs concludes Ocean Downs deal
(Maryland) -- Churchill Downs has completed the acquisition of the remaining 50% of the casino at Ocean Downs and Ocean Downs Racetrack in Berlin, Maryland from Saratoga...

9/4/2018

press release Churchill Downs Announces Closing of Acquisition of Remaining 50% Ownership of Ocean Downs
(Kentucky) -- Churchill Downs Incorporated today announced that it has closed the previously announced acquisition of the remaining 50% ownership of the Casino at Ocean...

8/13/2018

article Churchill Downs Finalizes Deal That Gives Them Control Of Two PA Casinos
(Pennsylvania) -- Churchill Downs Incorporated (CDI) is just about officially a part of the Pennsylvania casino market. In a Monday press release, the Louisville-based...

8/3/2018

article Churchill Downs expands, eyes sports betting as quarterly earnings and revenue rise
(Kentucky) -- As it poised itself to capitalize on new sports betting opportunities and proceeded with expansion plans, Churchill Downs posted increases in second-...

7/11/2018

article Erie casino sale remains on track
(Pennsylvania) -- Churchill Downs still plans to purchase Presque Isle Downs & Casino, though the original deal that also involved a Mississippi casino has been...

7/10/2018

article The Deal’s Off: Churchill Downs’ Acquisition of Mississippi’s Lady Luck Casino Abandoned
(Mississippi) -- Churchill Downs Inc (CDI) has discarded a deal to buy Eldorado Resorts’ the Lady Luck Casino in Vicksburg, Mississippi.

7/9/2018

article Churchill Downs Drops $51M Casino Deal After FTC Request [sub req]
(Mississippi) -- Churchill Downs Inc. said Monday that it has dropped its planned $50.6 million purchase of a Mississippi casino from Eldorado Resorts Inc. after the...
article Churchill Downs Inc. terminates plan to purchase casino
(Mississippi) -- Churchill Downs Inc. said Monday it has canceled plans to purchase a casino operation in Mississippi but is moving ahead on the purchase of a...

5/16/2018

article C Strikes Deal To Move Into New Jersey Sports Betting Market
(New Jersey) -- Two days after the Supreme Court issued a historic ruling paving the way for legalized sports gambling in the U.S., Churchill Downs Inc. has moved...

visionary sponsor advertisement

sponsor advertisement