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Churchill Downs’ online business returns to growth in first quarter

24th April 2014 10:49 am GMT

US racing and gaming operator Churchill Downs Incorporated (CDI) has reported a 13 per cent increase in first quarter revenue to $167.3m, following growth across all of its business segments.

Revenue from the company’s online wagering business grew by 7 per cent to $46.1m, benefiting from the resumption of wagering from Illinois residents which had ceased in the comparable period last year. This was offset by the continued loss of wagering in Texas, where the company [...]

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