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 [...]
