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Record Q2 for Churchill Downs despite social casino decine

4th August 2016 1:28 pm GMT

US racecourse and casino operator Churchill Downs Incorporated (CDI) has posted record results for the second quarter of 2016, with a strong edition of the Kentucky Derby helping drive growth for its core racing business and offset a decline in social casino revenue.

The leading race in the US horse racing calendar boosted the operator's performance during the quarter as total revenue rose 7 per cent to $409.2m, though this masked a slight [...]

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