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Record Q2 for Churchill Downs following online growth

28th July 2011 12:29 pm GMT

Churchill Downs Incorporated (CDI), operator of leading US online wagering services TwinSpires.com and Youbet.com, has reported a 16 per cent increase in net revenues to a record US$249.7m for the second quarter of 2011, following continued growth from the company’s online wagering and gaming businesses.

CDI said revenues from its online wagering businesses increased by 56 per cent to $16.7m during the quarter, including a full contribution from Youbet.com compared to approximately one month of Youbet.com [...]

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