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Churchill Downs Racing drives revenue growth for CDI in Q1

26th April 2019 8:01 am GMT
Churchill Downs

Recent acquisitions by Churchill Downs Inc. (CDI) contributed to a 40 per cent increase in net revenue for the first quarter of 2019, with the racing segment posting the strongest growth during the period.

CDI’s first quarter net revenue amounted to $265.4m compared to $189.3m a year ago, driven by an 830 per cent increase in net revenue from the Churchill Downs racing segment to $21.4m, and a 51.2 per cent increase in Gaming net revenue [...]

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