US racing and gaming operator Churchill Downs Inc. (CDI) has recorded a 49 per cent increase in net revenue for 2015, aided by a full year's contribution from social gaming business Big Fish Games.
CDI posted record revenue of $1.21bn for 2015, a 49 per cent improvement year-on-year, with growth across its Casinos, TwinSpires and Big Fish businesses offsetting a decline in Racing revenue. Adjusted EBITDA for the year amounted to $335.6m, up 66 per cent [...]
