Churchill Downs Incorporated (CHR)
XSTU 
Summary
CHR Chart
Churchill Downs, NYRA Unveil 2027 Thoroughbred Championship Series
Churchill Downs NASDAQ: CHDN and the New York Racing Association announced plans to launch the Thoroughbred Championship Series, a six-race competition for three-year-old horses scheduled to begin in 2027.
Churchill Downs Incorporated (CHDN) Q2 2026 Earnings Call Transcript
Churchill Downs Incorporated (CHDN) Q2 2026 Earnings Call Transcript
Churchill Downs Q2 Earnings Call Highlights
Churchill Downs NASDAQ: CHDN reported record second-quarter revenue of $980 million and record adjusted EBITDA of $477 million, marking its sixth consecutive record second quarter for both measures. The company said results were supported by the 152nd Kentucky Derby, growth at historical racing machine properties and continued expansion in wagering services.
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Churchill Downs Incorporated Profile
| Hotel & Resort REITs Industry | Real Estate Sector | William C. Carstanjen CEO | XSTU Exchange | 171484108 CUSIP |
| US Country | 7,800 Employees | 5 Dec 2025 Last Dividend | 22 May 2023 Last Split | - IPO Date |
Overview
Churchill Downs Incorporated is a prominent racing, online wagering, and gaming entertainment company based in the United States, with operations extending across multiple segments including Live and Historical Racing, TwinSpires, and Gaming. Founded in 1875 and headquartered in Louisville, Kentucky, the company is renowned for its rich heritage and significant contributions to the horse racing and gaming industries. Through its diversified operations, Churchill Downs Incorporated offers a comprehensive array of entertainment options, from live racing events and historical racing gaming platforms to online wagering services and casino gaming experiences, solidifying its position as a leader in the entertainment sector.
Products and Services
- Live and Historical Racing: This segment encompasses the company’s core business of pari-mutuel gaming entertainment venues that offer both live horse racing events and historical racing machines. Historical racing machines allow players to bet on replays of past races using data and statistics for wagering purposes.
- TwinSpires: TwinSpires is Churchill Downs Incorporated’s premier online wagering platform, which supports betting on horse racing, sports, and iGaming. It provides a seamless, user-friendly experience for those looking to engage in betting activities from the comfort of their own homes or while on the go.
- Gaming: The Gaming segment includes the operation of retail sportsbooks and casino gaming activities. This broad category extends the company’s entertainment services beyond racing, offering a variety of gaming experiences ranging from slots and table games to sports betting facilities in strategic locations.
- Terre Haute Casino Resort: Representing a significant investment in the gaming and hospitality industry, the Terre Haute Casino Resort is a notable addition to Churchill Downs Incorporated’s portfolio. This venue combines casino gaming excitement with luxury accommodations, dining, and entertainment amenities, catering to both casual and serious gamers, as well as tourists.
- Streaming and Information Services: Churchill Downs Incorporated provides streaming video of live horse races and replays, alongside a wealth of racing and handicapping information through its platforms. This service caters to the needs of racing enthusiasts who seek real-time access to races and detailed data for betting decisions.
- Bloodstock Research Information Services (BRIS): The BRIS platform is a specialized resource offering extensive horse racing statistical data. It serves as a valuable tool for those involved in the racing industry, including bettors, trainers, and owners looking to make informed decisions based on comprehensive research.
- Pari-mutuel Wagering Systems: As a manufacturer and operator, Churchill Downs Incorporated develops pari-mutuel wagering systems deployed at racetracks, off-track betting facilities, and for other wagering businesses. These systems are crucial for the efficient and fair management of betting activities within the racing industry.
