Churchill Downs Incorporated

CDI Seeks to Sell Arlington Land

The long-term future for Churchill Downs, Inc. (CDI) to continue racing in Illinois involves selling its Arlington International Racecourse land for another purpose and transferring the corporation's racing license to another location. Bill Carstanjen, the chief executive officer of CDI, outlined the gaming company's desire to rid itself of Chicago's premier Thoroughbred venue in a July 30 conference call with investors. His comments came six days after Arlington's delayed 2020 season opening (because of the pandemic and a bitter contract dispute with local horse people) and one day before 2021...

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