Churchill Downs Incorporated is a racing, gaming, and online entertainment company. The Company manages its operations through six operating segments: Racing, Casinos, TwinSpires, Big Fish Games, Other Investments and Corporate. CDI's Racing segment includes four racetracks: Churchill Downs Racetrack, Arlington International Race Course, Fair Grounds Race Course and Calder Race Course. The Company is also a provider of brick-and-mortar real money casinos (Oxford Casino, Riverwalk Casino, Harlow’s Casino, Calder Casino and Fair Grounds Slots and Video Services, LLC) and two hotels (Riverwalk and Harlow’s).

Type
Public
HQ
Louisville, US
Founded
1875
Size (employees)
4,000 (est)
Churchill Downs was founded in 1875 and is headquartered in Louisville, US
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Churchill Downs Office Locations

Churchill Downs has offices in Seattle and Louisville
Louisville, US (HQ)
600 N Hurstbourne Pkwy Ste 400
Seattle, US
333 Elliott Ave W
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Churchill Downs Financials and Metrics

Churchill Downs Financials

Churchill Downs's revenue was reported to be $1.31 b in FY, 2016 which is a 7.9% increase from the previous period.
USD

Net income (Q1, 2018)

182 m

Market capitalization (23-May-2018)

4.2 b

Closing share price (23-May-2018)

308.8
Churchill Downs's current market capitalization is $4.2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

779.3 m812.9 m1.2 b1.3 b

Revenue growth, %

4%49%8%

R&D expense

39 m

Operating expense total

39 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

185.6 m167.3 m303.7 m173.7 m250.9 m409.2 m279.8 m288.4 m438.5 m303.4 m279.5 m451.9 m314.8 m

General and administrative expense

21.2 m21.5 m18.7 m20.5 m21.6 m22 m24.6 m

R&D expense

10.2 m9.8 m10 m10.8 m9.7 m8.8 m10.3 m9.9 m9.7 m

Operating expense total

21.2 m21.5 m18.7 m20.5 m31.8 m31.9 m34.6 m10.8 m321.1 m276.6 m262 m322.4 m281.8 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

44.7 m67.9 m74.5 m48.7 m51.7 m

Accounts Receivable

Inventories

Current Assets

160.7 m241.7 m222.8 m246 m256.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

43.8 m47.2 m46.7 m42 m49.5 m59.2 m51.1 m51.1 m55.1 m56.9 m54.9 m41.8 m57.8 m

Current Assets

147.6 m149 m153.9 m126.3 m202.7 m215.1 m209.1 m198 m209.6 m201.2 m213.3 m208.8 m234.8 m

PP&E

576.1 m590.6 m595.9 m591.7 m590.2 m589.6 m571.5 m573.2 m577.9 m573.3 m590.7 m602.8 m619.4 m

Goodwill

298.2 m300.6 m300.6 m300.6 m840.9 m840.9 m841.4 m841.7 m841.7 m841.7 m832.2 m847.2 m848.3 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

3.1 k46.4 m65.2 m108.1 m

Depreciation and Amortization

61.8 m68.3 m109.7 m108.6 m

Accounts Payable

(5.9 m)(8.4 m)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

(1.6 m)55 m4.2 m2.8 m69.8 m8.7 m7.3 m182 m

Accounts Payable

70.6 m49 m52 m66.3 m52.2 m57.5 m74.4 m53.9 m56.1 m
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Churchill Downs News and Updates

Churchill Downs in deal to enter sports betting in three states

(Reuters) - Churchill Downs Inc on Wednesday signed a deal with SBTech, a sports betting platform, which will allow the gaming company to offer bets on events in New Jersey, Pennsylvania and Mississippi.

Churchill Downs inks deal for online sports betting in New Jersey

(Reuters) - U.S. gaming company Churchill Downs Inc said on Wednesday it signed a deal with the Golden Nugget Hotel to enter real money online gaming and sports betting markets in New Jersey.

Churchill Downs Buys Casinos in Pennsylvania and Mississippi to Expand US Presence

Kentucky-headquartered casino operator Churchill Downs Incorporated announced on Wednesday that it would expand its footprint across the United States through the acquisition of Presque Isle Downs & Casino in Eerie, Pennsylvania and Lady Luck Casino in Vicksburg, Mississippi for a combined purch…
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