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CDI’s profits soar as online wagering growth continues

27th October 2011 1:59 pm GMT

Churchill Downs Incorporated (CDI), operator of leading US online wagering service TwinSpires.com, has reported a 13 per cent increase in revenues to US$166.3m for the third quarter of 2011, following continued growth in the company’s gaming and online wagering businesses.

CDI said that it reported a new record for the third quarter period, as revenues were boosted by the inclusion of $13.4m in revenues generated by Harlow’s Casino Resort & Hotel which was acquired in December [...]

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