U.S racetrack operator Churchill Downs Inc (CDI) has reported a 5 per cent increase in net revenues from continuing operations to $131.6m for the first quarter of 2012, following continued strong growth from the company’s TwinSpires.com online wagering business.
Revenues from CDI’s online business grew by 20 per cent to $44.0m, offsetting a decline in racing revenues.
Q1 revenue breakdown
The company’s online wagering business, Twinspires.com saw handle increase by 15 per cent on [...]
