US gaming and racetrack operator Churchill Downs Incorporated (CDI) has reported a 6 per cent drop in net revenue to $173.7m for the third quarter of 2014, with the company’s gaming business the only segment to post year-on-year growth.
CDI said that the revenue decline was primarily a result of the leasing of pari-mutuel operations at Calder Race Course and the loss of online wagering in Texas. Results were also impacted by generally soft regional gaming [...]
