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Churchill Downs Incorporated sees Q3 revenue fall to $383.1m

27th October 2022 10:54 am GMT
Churchill Downs

New York-listed racing and gaming operator Churchill Downs Incorporated has posted a 2.5 per cent fall in net revenue to $383.1m for the third quarter of 2022, following a decline in its TwinSpires business.

Net revenue from the company’s core Live and Historical Racing segment increased by 26 per cent to $102.4m, mostly due to strong growth at Churchill Downs Racetrack and Oak Grove in Kentucky, as well as the opening of a historical racing facility [...]

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