Churchill Downs Racetrack

Churchill Downs Racetrack

http://www.churchilldowns.com
https://www.linkedin.com/company/churchilldownsracetrack/

Churchill Downs Racetrack, a privately owned company headquartered in the US, founded in 1875, employs approximately 170 individuals. The company reported $117.0M in revenue as of 2023. Functioning as a tier 1 media tech buyer, this horse racing complex in Louisville, Kentucky, specializes in media and TV services.

Revenue

Founded

1875

Headcount

242

Headquarters

United States

Primary Segment

Search, social, and retail media

Ownership

Privately Owned

News Summary:

Churchill Downs Inc., operator of the Kentucky Derby racetrack, continues to expand its racing, online wagering, and regional casino portfolio as investors assess the company’s diversified growth strategy and exposure to the U.S. gaming market. Previously, on July 7, 2026, Maryland Governor Wes Moore acquired the rights to the Preakness Stakes from Churchill Downs for $85 million. This followed the company's strong Q1 2026 results, reported on July 2, 2026, which featured revenue growth, adjusted EBITDA margin expansion, and EPS outperformance, supported by cash generation, HRM expansion, and debt reduction. Earlier, on June 28, 2026, Irad Ortiz Jr. clinched his first Churchill Downs Spring Meet riding title. On June 27, 2026, the company announced a mandatory payout for the Derby City 6 on the Spring Meet's closing day, with a significant $197,923 carryover for bettors.

Similar Companies

Subscribe for full access to Churchill Downs Racetrack's profile

Churchill Downs Racetrack offers products in the media and telecoms services industry. Churchill Downs Racetrack's product portfolio comprises of search, social, and retail media.

Subscribe for full access to Churchill Downs Racetrack's products in full detail

Churchill Downs Racetrack's revenues were less than $250M in 2024. All the revenue comes from search, display and digital publishing.

Subscribe for full access to Churchill Downs Racetrack's revenue in full detail

Jul

20th

2026

09:26

Churchill Downs Team Members Give Back Through Food Pantry Volunteer Effort

Jul 20, 2026 Churchill Downs team members partnered with Catholic Charities of Louisville to support the Father Jack Jones Food Pantry. They served on Wednesday mornings throughout May and June to help fight food insecurity in our community.

Churchill Downs

Jul

16th

2026

13:56

Funding Activities, B2B Tag, Funding

Gallop for Good Raises More Than $300,000 to Support Thoroughbred Aftercare Organizations Nationwide

Jul 16, 2026 Louisville, Ky. (June 30, 2026) – Churchill Downs Incorporated (Nasdaq: CHDN) (“CDI”) announced that the inaugural Gallop for Good: From Race to Retirement (“Gallop for Good”) campaign raised more than $303,000 to benefit 75 Thoroughbred aftercare nonprofit organizations across the United States, helping retired racehorses transition to second careers, rehabilitation, adoption, sanctuary and lifelong care.

Churchill Downs

Jul

16th

2026

13:52

Business Closure, Bankruptcy, B2B Tag, Bankruptcy, Business Closure

View From The Eighth Pole: Big City Blues

Barring a miracle, we can soon add Chicago, the country’s third-largest city with a metropolitan area population approaching 10 million, to the growing list of major American cities that no longer have Thoroughbred racing Chicago racing was dealt a devastating blow when Churchill Downs Inc. sold Arlington Park to the Chicago Bears for an NFL stadium.

Jul

13th

2026

01:00

B2B Tag, Mergers and Acquisitions

Thomas: “Homegrown” Preakness a “winning strategy” Helped convince Gov. Moore to buy Preakness IP BloodHorse: What was the reaction in the community when it was learned that Churchill Downs Inc. had purchased the trademarks for the Preakness Stakes? Mark Anthony Thomas: I would say no one actually understood what it meant.

Jul

8th

2026

01:00

Churchill Downs Inc highlights racing and gaming expansion. Investor focus on long-term growth strategy

Churchill Downs Inc, the operator of the iconic Kentucky Derby racetrack, continues to expand its racing, online wagering, and regional casino portfolio as investors assess the company’s diversified growth strategy and exposure to the US gaming market.

Jul

7th

2026

12:29

B2B Tag, Mergers and Acquisitions

Fox 45 News: Maryland Gov. Moore buys Preakness rights from Churchill Downs for $85 million

See original article here. Horse racing’s place in Maryland history is set to continue after Gov. Wes Moore moved to purchase and take full ownership of the Preakness Stakes. Moore acquired the rights from Churchill Downs for $85 million.

Park Heights Renaissance

Jul

2nd

2026

16:07

Financial Results, B2B Tag

Churchill Downs (CHDN) Could Be 33% Below Fair Value Following Strong Q1 Results

Churchill Downs (CHDN) is back in focus after reporting Q1 2026 results that featured revenue growth, adjusted EBITDA margin expansion, and EPS outperformance, supported by cash generation, HRM expansion, and debt reduction. See our latest analysis for Churchill Downs.

Simply Wall Street

Jun

28th

2026

09:43

Events, Awards and Recognitions, B2B Tag

Churchill Downs Closing Day Update: Irad Ortiz Jr. Clinches First Spring Meet Title; Trainer, Owner Championships to be Decided on Closing Day

Jun 28, 2026 Irad Ortiz Jr. clinched his first Churchill Downs Spring Meet riding title entering Sunday’s closing program, while the trainer and owner championships remained undecided heading into the final day of the 44-day stand.

Churchill Downs

Jun

27th

2026

18:23

Events, B2B Tag

Churchill Downs News Release: Pool for Mandatory Payout of Sunday's Derby City 6 on Closing Day Could Be Seven Figures

Jun 27, 2026 Bettors have a massive $197,923 carryover in the Derby City 6 to chase Sunday at Churchill Downs for the 11-race closing day program. There is a mandatory payout in Sunday’s 20-cent Derby City 6, which covers Races 6-11 starting at approximately 3:18 p.m. (all times Eastern) because it’s closing day of the 44-day Spring Meet.

Churchill Downs

Jun

27th

2026

18:16

Churchill Downs Stakes Recap and Quotes: Dubai World Cup Winner Magnitude Wins Thrilling $2 Million Stephen Foster

Jun 27, 2026 In what was billed as the “Summer Showdown” featuring North America’s top older horses, Dubai World Cup (Grade I) winner Magnitude led every step of the way and defeated Grade I Pennsylvania Derby winner Baeza by 1 ¼ lengths to thrill onlookers in Saturday’s 45th running of the $2 million Stephen Foster (Grade I) at Churchill Downs.

Churchill Downs

Jun

26th

2026

09:50

Events, B2B Tag

Churchill Downs Update: Grade I Winner Shred the Gnar Has Lynch Confident Heading Into Fasig-Tipton Fleur de Lis

Jun 26, 2026 Grade I winner Shred the Gnar has done everything Brian Lynch has asked of her since her Fasig-Tipton La Troienne (GI) victory on Kentucky Oaks Day and gives the veteran conditioner confidence heading into Saturday's $500,000 Fasig-Tipton Fleur de Lis (GII) at Churchill Downs.

Churchill Downs

Jun

25th

2026

12:35

Events, B2B Tag

Churchill Downs Update: Mott Duo of Sovereignty, Baeza Continues Stephen Foster Preparations

Jun 25, 2026 Godolphin’s reigning Horse of the Year and Kentucky Derby (GI) winner Sovereignty and C R K Stable and Grandview Equine’s Grade I winner Baeza continued their preparations for Saturday’s $2 million Stephen Foster (GI) by galloping Thursday at Churchill Downs before schooling together in the paddock.

Churchill Downs

Analyst insight reports

Channel hopping: a hybrid approach to TV distribution

Generative AI in media tech

Navigating radio automation and playout

The broadcaster's YouTube dilemma

Subscribe to access all analyst insight reports