Churchill Downs Incorporated (CHDN)

Owner and operator of horse racing tracks and casinos, including the famous Kentucky Derby.

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Churchill Downs Incorporated is a prominent racing, online wagering, and gaming entertainment company in the United States. The company operates through three main segments: Live and Historical Racing, TwinSpires, and Gaming. These segments collectively provide a comprehensive range of services and entertainment options, catering to the diverse interests of their clientele.

As of December 31, 2021, Churchill Downs Incorporated owned and operated three pari-mutuel gaming entertainment venues in Kentucky, equipped with approximately 3,050 historical racing machines (HRMs). The company's TwinSpires platform is a leading online wagering site that offers betting on horse racing, sports, and iGaming. Additionally, the company operates nine retail sportsbooks and provides casino gaming across eight states, featuring around 11,000 slot machines and video lottery terminals, along with 200 table games.

The company also enhances the horse racing experience by offering streaming video of live races, replays, and a variety of racing and handicapping information. Churchill Downs Incorporated supports the raccing industry with its Bloodstock Research Information Services platform, which delivers extensive statistical data for horse racing. Moreover, the company is involved in the manufacture and operation of pari-mutuel wagering systems for racetracks and off-track betting facilities.

Founded in 1875, Churchill Downs Incorporated has a long and storied history in the racing industry. Headquartered in Louisville, Kentucky, the company continues to be a leader in racing and gaming entertainment, consistently innovating and expanding its offerings to meet the evolving demands of its customers.

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