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Casual games boost Churchill Downs revenue after social casino decline

29th April 2016 8:05 am GMT

Churchill Downs Incorporated (CDI) has reported a 15 per cent increase in first quarter revenue, with its Big Fish Games subsidiary once again driving growth, despite a fall in income from premium and social casino content.

The operator reported revenue of $288.4m for the first quarter of 2016, another record quarterly result, coupled record adjusted EBITDA of $52.8m, up 6 per cent year-on-year. CDI posted a net profit of $2.8m for the [...]

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