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Diversified business key to Churchill Downs growth

15th March 2011 9:41 am GMT

Despite significant challenges at its core racing operations, US racetrack operator Churchill Downs Inc. (CDI) has reported a 24 per cent increase in net revenues from continuing operations to a record $585.3m in 2010, following strong growth from its online wagering and gaming businesses.

Net revenues from CDI’s racing operations fell 5 per cent to $307.5m during the year following a 17 per cent decline in revenues from Arlington Park racecourse and a 5 per cent [...]

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