Churchill Downs Incorporated

Churchill vs. TOC Lawsuit Withdrawn; Neither Side Wants to Say Why

After alleging last month that a disagreement over advance-deposit wagering (ADW) hub rate fees was so egregious that it amounted to a "shakedown" that needed to be fought in federal court, a subsidiary of the gaming corporation Churchill Downs, Inc., dropped its lawsuit against Thoroughbred Owners of California (TOC) Mar. 8. According to a "notice of voluntary dismissal" filed Monday in United States District Court (Central District, California, Western Division) by Churchill Downs Technology Initiatives Company (CDTIC), an agreement between the parties was reached Mar. 5 that apparently settles the...

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Churchill Downs Announces It Will Sell Arlington Park

Churchill Downs announced Tuesday that it has launched a process to sell Arlington Park, which sits on 326 acres of real estate 30 miles northwest of downtown Chicago. The sale will be handled by CBRE Group, a full service commercial real estate firm. Arlington's future looked bleak in September of 2019 when Churchill Downs made the surprising decision to not take the necessary steps to open a casino on the racetrack property. It is widely believed that Churchill did not want to create competition between an Arlington casino and a...

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Hunter Rankin Named CDI Senior Director of Racing

Hunter Rankin has been hired as Senior Director of Racing for Churchill Downs Incorporated, CDI announced Tuesday. The role was recently vacated following Mike Ziegler's promotion to General Manager of Churchill Downs Racetrack in December 2020. As CDI's Senior Director of Racing, Rankin will act as a representative and liaison to the U.S. Thoroughbred racing and breeding industry and focus on the implementation of standards and processes outlined in the Horseracing Integrity and Safety Act ("HISA") across all of CDI's racing properties. "Hunter brings to this role a breadth of...

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Mike Anderson Named President of Churchill Downs Racetrack

Mike Anderson has been named the 14th President of Churchill Downs Racetrack, Churchill Downs Incorporated announced Tuesday. Anderson brings to the role 24 years of leadership experience at CDI, having recently served as Vice President of Operations, where he led the planning, construction and opening of over $300 million in capital projects across CDI's properties. He joined CDI in 1996 as Controller and has held a number of roles with the Company, including Vice President of Corporate Finance, Investor Relations, Risk Management and Treasurer. Anderson will report to Bill Mudd,...

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Churchill off Turf for at least Next Week

Churchill Downs took its Saturday grass races, including the GII Mrs. Revere S., off the turf and made the following announcement: "There will be no turf entries taken for races scheduled to be run on turf from Nov. 19-22. All scheduled turf races in the condition book during this time period will be transferred to the main track and entries taken for the same conditions will be dirt only." Churchill was also off the turf on Friday. On Thursday, 2020 GI Kentucky Derby competitor Winning Impression reportedly broke down after...

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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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