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Churchill Downs Inc posts revenue and profit growth in Q2 2019

1st August 2019 7:31 am GMT

New York-listed gaming and racetrack operator Churchill Downs Incorporated has reported a 26 per cent increase in net revenue to $477.4m for the second quarter of 2019.

The company’s Churchill Downs racing segment saw revenue climb 18 per cent to $193.1m in Q2, benefiting from the opening of Derby City Gaming last September and a successful Kentucky Derby and Oaks week.

Online Wagering revenue rose 2 per cent to $96.0m following a [...]

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