Churchill Downs Inc.'s latest purchase is a big step toward bringing the profit potential of its online operations nearly up to the level of its racetracks. Last week, Churchill Downs Inc. enhanced its 2-year-old venture of...
Churchill Downs Inc. is making its biggest expansion yet into online gambling, announcing Wednesday it will buy Youbet.com for $127.8 million in cash and stock. The deal, which has been approved by both companies' boards and...
LEXINGTON, Ky. — The dispersal of the late W.T. Young's Overbrook Farm provided the punch in the second day of the Keeneland November Breeding Stock Sale and represented the top price of the auction Wednesday.
By Gregory A. Hall • ghall@courier-journal.com • November 10, 2009 LEXINGTON, Ky. — The slumping thoroughbred market showed no signs of a rebound on Tuesday as the Keeneland November Breeding Stock Sale opened. The $26.3million...
By Gregory A. Hall • ghall@courier-journal.com • November 10, 2009 LEXINGTON, Ky. — Two mares sold for $2 million or more in the Fasig-Tipton November Sale on Tuesday evening, and several mares brought at least $1 million....
Churchill Downs will continue to seek approval for expanded gambling while looking for ways to bring more women and younger fans to the track, according to the new president. Kevin Flanery said the solutions will differ each...
Kentucky's two major breeding stock sales begin Tuesday with one featuring the dispersal of one of Kentucky's most storied breeding operations and both dealing with the effects of the slumping thoroughbred market and overall...
Churchill Downs Inc. blamed its third-quarter loss on a $2.3 million tax bill resulting from an Internal Revenue Service audit, slumping revenues at its racetracks and startup costs for its Florida slots parlor, according to...
LEXINGTON, Ky. — A recommendation to close betting on Kentucky races before the horses leave the gate drew fervent debate but no decision Tuesday by the state’s racing regulatory board. Kentucky Horse Racing Commission chairman...
Churchill Downs Inc. will add $1.5 million to its purses over the next three years as part of a settlement of a 17-month-old court fight with horsemen over account wagering. It also means Churchill can negotiate contracts with...