US gaming and racing operator Churchill Downs Incorporated (CDI) has reported a 7 per cent increase in net revenue to $303.7m for the second quarter of 2014, following growth across all three of its core business segments.
The company’s online gaming business generated revenue of $57.1m during the quarter, an increase of 9 per cent year-on-year, and now represents nearly 19 per cent of total revenue.
Q2 2014 Net Revenue
The business benefited from a 5 per cent [...]