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Churchill Downs (NASDAQ: CHDN) — Company Overview, News & Financial Data

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CHDN Churchill Downs
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Company profile

Churchill Downs

About

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Churchill Downs is an American racing, online wagering, and regional casino gaming entertainment company headquartered in Louisville, Kentucky. Founded through its flagship racetrack hosting the annual Kentucky Derby, the company operates live Thoroughbred and harness racing venues, historical racing machine facilities, and regional casino resorts across multiple U.S. states. Its business operations are structured into three main segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The company offers online pari-mutuel horse race wagering via its TwinSpires platform, alongside totalisator technology services, while managing regional gaming properties featuring electronic gaming devices, table games, hotels, and entertainment venues.

Snapshot

Public USOwnership
1875Year founded
5,001–10,000Employees
Louisville, United StatesHead office
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Global footprint

Operations

All Locations
Louisville, US
Des Plaines, US
Waterloo, US
New Orleans, US
Terre Haute, US
Miami Gardens, US
Sioux City, US
Erie, US
Greenville, US
Salem, US

Products and/or services of Churchill Downs

  • Live Horse Racing Venues: Operates Thoroughbred and harness racetracks including the flagship Louisville racetrack, Colonial Downs, Turfway Park, Ellis Park, and Oak Grove, hosting premier pari-mutuel racing events such as the Kentucky Derby alongside seasonal meets.
  • Historical Racing Machine Facilities: Manages dedicated pari-mutuel gaming venues equipped with historical horse racing technology, including Derby City Gaming, Rosie's Gaming Emporium, The Rose Gaming Resort, Newport Racing & Gaming, and Owensboro Racing & Gaming across Kentucky and Virginia.
  • Regional Casino Operations: Manages regional casino resorts and gaming venues featuring slot machines, table games, hotels, and dining, including Rivers Casino Des Plaines, del Lago Resort & Casino, Terre Haute Casino Resort, Calder Casino, and Oxford Casino Hotel across 11 states.
  • Online Horse Race Wagering: Operates the TwinSpires digital advanced deposit wagering platform, enabling account holders across multiple legal jurisdictions in the United States to place online pari-mutuel wagers on live Thoroughbred, harness, and quarter horse racing events.
  • Wagering Technology and Pari-Mutuel Systems: Provides historical horse racing technology solutions, totalisator equipment, and pari-mutuel system processing services to racing and gaming venues across North America through dedicated subsidiaries Exacta Systems and United Tote.
  • Gaming Property Capital Developments: Executes large-scale venue expansions, facility renovations, and new gaming developments, including historical racing machine venue additions, racetrack grandstand upgrades, and new regional casino builds such as the Rockingham Grand Casino project in New Hampshire.

Churchill Downs executive team

  • Mr. William C. CarstanjenCEO & Director
  • Mr. William E. MuddPresident & COO
  • Ms. Marcia Ann Dall CPAExecutive VP & CFO
  • Mr. Bradley K. Blackwell J.D.Executive VP, General Counsel & Secretary
  • Mr. Jon E. RauchVP & Chief Accounting Officer
  • Mr. Nate SimonSenior VP & CTO
  • Sam UllrichVice President of Investor Relations
  • Tonya AbelnVice President of Corporate Communications
  • Mr. Jason SauerSenior Vice President of Corporate Development
  • Ms. M. Katherine ArmstrongSenior VP of Human Resources