Announcing its entry into real money online gaming and sports betting markets, Churchill Downs Incorporated (CDI) has penned a strategic partnership with SBTech to utilise the firms integrated technology platform. The move will see SBTech supply a US facing iGaming platform allowing CDI to manage both its sports wagering and iGaming operations, in the aftermath of the US Supreme Court’s …
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Churchill Downs appoints Marcia Dall as CFO
US race track operator Churchill Downs Inc (CDI) has confirmed the appointment of Marcia Dall as Chief Finance Officer. CDI governance reported that Dall will assume her new position and corporate responsibilities from 12 October, reporting directly to CEO William C. Carstanjen. The appointment of Dall, continues CDI’s restructure of governance and executive management teams. Dall succeeds Bill Mudd, who …
Read More »Poor Q4 impacts Churchill Downs 2014 net income
Reporting on its full year 2014 results, US racetrack operator Churchill Downs (CDI) recorded higher company revenues but lower net income. CDI posted full year revenues of $812 million up 4% on 2013 $779 million, however CDI 2014 net earnings were down 16% to $46.4 million (FY 2013:$55 million). The racetrack operator had been impacted by a poor final quarter …
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