US racecourse and casino operator Churchill Downs Incorporated (CDI) has posted record results for the second quarter of 2016, with a strong edition of the Kentucky Derby helping drive growth for its core racing business and offset a decline in social casino revenue.
The leading race in the US horse racing calendar boosted the operator's performance during the quarter as total revenue rose 7 per cent to $409.2m, though this masked a slight decline in the Big [...]
