Kentucky's horse racing gambling regulatory body recently overwhelmingly passed a policy change, allowing the integration of electronic table game elements into Historical Horse Racing (HHR) slot machines. This decision marks a significant shift in the state's gambling regulatory stance, aimed at he
The US sports betting market is moving towards "full openness", with many online sports betting platforms emerging. In addition to the most popular in recent years, DraftKings and FanDuel, what other platforms are well-known or have high download numbers? Let's find out through the rankings of relat
Following tours of Churchill Downs properties on March 27, Jefferies Equity Research analysts posted an upbeat report on the company the next morning. In it, they reiterated a $162 per share price target and a Buy rating on the stock.Lead analyst David Katz reported that Churchill Downs management w
Bettors will no longer be able to place bets in person on various sporting events as Churchill Downs racetrack closes its sportsbook.“With 98% of sports betting made on mobile platforms such as FanDuel, there simply isn’t a profitable path forward for us to sustain profitability as a retail operator
The Churchill Downs Racecourse in Louisville, Kentucky, United States, has shut down its on-site sports betting operations.Kentucky legalized sports betting in March 2023, with live and only betting following in June. This means that the Churchill Downs Racecourse could partner with online betting o
Churchill Downs prospects“Inbound focus on Churchill Downs remains active the past several weeks, given the weakness (-7.5% year-to-date, Standard & Poor’s +2.9%),” wrote analyst David Katz of Jefferies Feb. 2. “The debate is over growth versus deleveraging going forward, with general confidence
The fight over a new Rosie’s Gaming Emporium in Henrico has made it to the General Assembly.Henrico Senator Schuyler VanValkenburg (D-16th District) put forth a bill (SB1223) to force Churchill Downs’ hand and require the company to either hold a public referendum over its newest gambling site or gi
The New York Racing Association (NYRA) has exited a federal lawsuit challenging the Horseracing Integrity and Safety Authority (HISA), filing a motion on Thursday to dismiss its involvement. The lawsuit, filed in Kentucky, continues with Churchill Downs Inc. as the sole plaintiff. The legal action
The New York Racing Association on Thursday filed a motion to dismiss itself from a lawsuit recently filed against the Horseracing Integrity and Safety Authority (HISA) and others in a Kentucky federal district court.The case will not end, however, as Churchill Downs Inc. remains a plaintiff against
Churchill Downs Dumfries VA Casino Hotel Shows Signs of StrengthsThe Rose Casino Hotel in Dumfries, Virginia, owned by Churchill Downs has been up and running for two months now, although it has not opened to the general public yet.Regardless, a recent report by Stifel analyst Jeffrey Stantialsugges
The Rose would, by any other name, smell just as sweet to Truist Securities analyst Barry Jonas. In a December 18 investor note, he gave his favorable impressions of Churchill Downs’ newest casino in northern Virginia.Churchill Downs hosted stock analysts at the Dumfries slot parlor, which opened on
A new sports betting operator is coming to the Bluegrass State.The Kentucky Horse Racing and Gaming Corporation unanimously approved a service provider license to Prime Sports, the first online sportsbook to partner with Churchill Downs, during Tuesday’s special meeting.“It’s been a long time coming
Prime Sports Cleared for Launch in Kentucky, Hopes to Go Live by MayOnline sports betting operator Prime Sports is preparing for a foray into Kentucky. Expected to launch in time for May’s Kentucky Derby, the wagering company is set to collaborate with local powerhouse Churchill Downs.No Limits for
Churchill Downs Inc. (CDI) and the New York Racing Association (NYRA) have sued the Horseracing Integrity and Safety Authority (HISA), a new national body regulating the horseracing sector, and others in a Kentucky federal district court. Churchill Downs, which conducts the Kentucky Derby and other
A new national body that regulates the safety and integrity of horseracing has become the target of a constitutional lawsuit that could shake up the sport.Last week, Churchill Downs Inc. and the New York Racing Association (NYRA) sued the Horseracing Integrity and Safety Authority (HISA) and others
Churchill Downs has set the grand opening date for its $100 million casino complex just across the Indiana border in Kentucky. Owensboro Racing & Gaming will welcome its first guests on February 12, nearly one year after plans for the facility were first announced. The venue will feature 600 his
