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Sports
March 23, 2022
Churchill Downs Eyes Granite State HRM Launch Through Chasers Acquisition
The famous horseracing, casino, and betting brand Churchill Downs Incorporated has moved to expand its business with the acquisition of a poker room in New Hampshire. The location in question is the Chasers Poker Room in Salem – a charity gambling venue. Churchill Downs to Acquire Chasers Poker Room This move comes in the wake […]
Business
February 25, 2022
Churchill Downs to Begin Scaling Down Online Business Amid Low Profits
The horseracing brand Churchill Downs will shut down its online sports betting and iGaming business after it failed to produce favorable results. According to the company, its offerings will gradually be scaled down over the next six months. Churchill Downs Gives Up on Online Betting The decision comes in the wake of Churchill Downs’ Q4 […]
Business
February 11, 2022
CDI Selects Maureen Adams as New SVP of Gaming Operations
Earlier this week, Churchill Downs Incorporated announced that its SVP of gaming operations Austin Miller will retire. Austin Miller to Retire from Churchill Downs in March Churchill Downs Incorporated (CDI) said on Thursday that Austin Miller, who served as the company’s SVP of gaming operations for 8 years will retire. His retirement is effective as […]
Casino
February 8, 2022
Churchill Downs Plans to Rezone the $240m Terre Haute Casino in Indiana
Churchill Downs Inc. is altering its Terre Haute casino development plans as the gaming company wants to rezone the property on west-central Indiana city’s east side. CDI applied for rezoning the $240-million property on Monday. CDI Was the Only Company That Didn’t Want the Casino to Be On the East Side Back in November, Churchill […]
Business
January 17, 2022
Churchill Downs Solidifies Murr’s Position as President of TwinSpires
With sports betting still gaining ground in the US, Churchill Downs Inc. (CDI) isn’t going to leave anything to chance. The company announced last Friday that Ben Murr was named President of TwinSpires and Online Gaming, losing the “interim” tag that had been part of his title. He will be responsible to oversee the operations […]
Legal
January 12, 2022
Bob Baffert and Churchill Downs Feud Continues, Lawsuits Might Be Filed
Bob Baffert, a US Hall of Fame trainer spoke to the New York Times and threatened to sue Churchill Downs due to the fact that the organization handed him a ban after his horse, Medina Spirit, failed drug tests and is not eligible to run this year. Churchill Downs is Planning to File a Countersuit […]
Business
December 7, 2021
CDI Sale of TwinSpires May Already Have a Target
Last week, rumors surfaced that Churchill Downs was considering selling its TwinSpires Racing division. One market observer believes that a familiar name could make a bid. Brian Lichtor, a Roundhill Investments analyst, believes it is likely that TwinSpires will mention Fanatics as a potential suitor. He cites Fanatics’ well-known wagering ambitions. Fanatics Looks For Larger […]
Sports
December 6, 2021
New Test Results Prove Medina Spirit’s Innocence, Says Bob Baffert’s Attorney
Medina Spirit, trained by Bob Baffert, was the big winner of the Kentucky Derby in May this year. Following the hype of the win, a urine sample of the colt tested positive for the anti-inflammatory drug betamethasone. Betamethasone is a legal drug that is not allowed during races. Following the positive test, Medina Spirit’s win […]
Business
December 3, 2021
Churchill Downs Inc. May Sell Sports Wagering Platform TwinSpires
Churchill Downs Incorporated is currently contemplating the idea of selling TwinSpires Racing, according to knowledgeable sources who have chosen to remain anonymous, says Bloomberg. The information has not yet been shared with the public. According to the report, if the deal goes through, the company would cash in $1.5 billion. Churchill Downs Inc. owns and […]
Sports
October 5, 2021
WynnBET Taps Churchill Downs Online Guru Ian Williams as COO
WynnBET has appointed Ian Williams, an iGaming veteran with over 20 years of experience under his belt, as the company’s new chief operating officer (COO). Williams will be responsible for WynnBET’s extensive operations across numerous verticals as well as the brand’s trading, marketing, payments, customer service, and data science teams, and he will report to Wynn […]