Churchill Downs’ results in sharp upturn

Home » Churchill Downs’ results in sharp upturn

Kentucky Derby operator Churchill Downs Incorporated has reported on its third quarter results.

The Louisville, US, company enjoyed a record third quarter revenue of $393m compared with $337.8m in the comparative quarter of 2020 to September 30.

Net income was $61.4m compared with $43.2m and EBITDA reached $156.1m compared to $121.9m.

The company had sold its Arlington Heights, Illinois property for $197.2m to the Chicago Bears and announced plans to open a new 500 historical racing machine venue in Louisville.

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