Sky Sports Racing has moved to extend its broadcasting rights with US horseracing, after signing a new multi-year deal with NBCUniversal. Holding exclusive rights to the Kentucky Derby, “the oldest continuously held major sporting event in North America,” which will air live in the UK and Ireland, a separate long term deal has also been extended. This sees Sky Sports …
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Sports betting specialist SBC Events, organiser of global conferences Betting on Football and Betting on Sports, is bringing its expertise to America in order to help the gambling industry explore the opportunities afforded by the Supreme Court’s repealing of PASPA restrictions on the betting industry. Betting on Sports America is a two day conference which will be held on 24-25 …
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Australia ASX100 gambling technology supplier Aristocrat Gaming has strengthened its position within the social gaming sector, acquiring Seattle-based Big Fish Games from US racing operator Churchill Downs for a reported $990 million (£735 million) cash transaction. The acquisition sees Aristocrat expand its Social Gaming portfolio, having acquired Israeli games studio Plarium Gold last August for $500 million. Updating investors, Trevor …
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US Racetrack operator Churchill Downs Incorporated has announced that it will invest approximately $60 million in the redevelopment of its ‘Trackside’ training facility in Louisville Kentucky. Updating investors, Churchill Downs seeks to simulcast racing machines to the 85,000-square-foot facility, opening Trackside as a consumer wagering premises, which the company believes will further complement its existing Kentucky racing portfolio. Churchill Downs …
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The Governance of US racing operator Churchill Downs has committed $38 million to expanding its marquee Louisville racetrack, the home of the Kentucky Derby. Starting construction in January 2017, Churchill Downs plans to build a seven-story ‘Starting Gate Suite’, which will sit besides its existing ‘Jockey Club Suite’. Announcing the construction of its new suite, Churchill Downs governance detailed that …
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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 »Australian gambling and leisure operator Crown Resorts has announced that it has acquired a 60% stake in Austin (Texas) based social gambling/games developer DGN Games LLC for a sum of US $27.5 million (£17.5 million). Crown Resorts becomes the latest land based operator to invest in the Social gambling sector, following last year’s $885 million (£560 million) acquisition of Big …
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US race track operator Churchill Downs has announced that Robert L Evans will retire as Executive Chairman of the company. Churchill Downs continues the restructure of its governance team, which saw the appointment of William C. Carstanjen as CEO in August 2014. Following a transition/learning period under Evans, Carstanjen will now take over full leadership responsibilities. Evans retires from Churchill …
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Churchill Downs the home of the Kentucky Derby, America’s oldest and biggest horse racing event is set for a royal appointment this week as Prince Charles and his wife Camilla the Duchess of Cornwall tour Louisville Kentucky this Friday. The avid horse racing enthusiasts will plan to visit the historic racing grounds which have hosted the Kentucky Derby since 1875, …
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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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