Description
Churchill Downs Incorporated is a racing, online wagering and gaming entertainment company, which is anchored by its flagship event, the Kentucky Derby.
The Company owns and operates three pari-mutuel gaming entertainment venues. It also owns and operates TwinSpires, which is a wagering platform for horse racing, sports and iGaming in the United States. It is also an engaged in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals (VLTs) and 200 table games.
It has three segments. The Live and Historical Racing segment includes live and historical pari-mutuel racing at Churchill Downs Racetrack, Derby City Gaming, Oak Grove, Turfway Park, and Newport.
The TwinSpires segment includes online horse racing and the online and retail sports betting and iGaming wagering business. The Gaming segment is engaged in the casino properties and associated racetrack or jai alai facilities, which support the casino license as applicable.