New York-listed racing and gaming operator Churchill Downs Incorporated has reported record results for the second quarter of 2022 as net revenue climbed by 13 per cent to $582.5m.
The company’s core Live and Historical Racing segment saw net revenue increase by 45 per cent year-on-year to a record $275.9m, primarily due to the running of the Kentucky Derby without covid-related capacity restrictions, which boosted revenue at Churchill Downs Racetrack by $69.3m.
The segment’s revenue growth was [...]
