Welcome to our dedicated page for Church Downs news (Ticker: CHDN), a resource for investors and traders seeking the latest updates and insights on Church Downs stock.
Churchill Downs Incorporated (NASDAQ: CHDN) generates a steady flow of news tied to its gaming entertainment, online wagering, and racing operations. As the company behind the Kentucky Derby and a growing portfolio of live and historical racing venues, online wagering platforms, and regional casino gaming properties, its announcements span development projects, financial performance, partnerships, and event programming.
Investors following CHDN news can expect regular updates on segment results for Live and Historical Racing, Wagering Services and Solutions, and Gaming. Recent releases have detailed record quarterly net revenue and Adjusted EBITDA, performance at Kentucky and Virginia historical racing machine venues, and contributions from TwinSpires Horse Racing, Exacta, and regional gaming properties across several states.
CDI’s news flow also highlights strategic growth initiatives. Examples include the acquisition of a majority interest in Casino Salem in Salem, New Hampshire, and subsequent plans to redevelop the charitable gaming facility as Rockingham Grand Casino within The Mall at Rockingham Park. The company has also announced the Victory Run capital investment at Churchill Downs Racetrack, a new multi-story hospitality structure designed to enhance seating and premium experiences during major racing events.
Other notable news items cover capital management actions such as share repurchase programs and annual dividend decisions, as well as conference call invitations for quarterly and full-year financial results. CDI also issues joint announcements with partners, including agreements with Everi, an IGT brand, to deploy financial technology and compliance solutions across its venues, and media updates with NBC Sports regarding primetime coverage of the Kentucky Oaks and continued broadcast of the Kentucky Derby.
For market participants, the CHDN news page offers a centralized view of how Churchill Downs Incorporated’s racing, wagering, and gaming strategies evolve over time, with direct links to earnings releases, development milestones, partnership agreements, and other material events.
Churchill Downs (Nasdaq: CHDN) reported Q1 2026 results with record net revenue of $663 million (up $20 million, 3%) and record Adjusted EBITDA of $257 million (up $12 million, 5%). Net income attributable to CDI was $83 million (up $6 million, 8%).
Key strategic actions: an $85 million purchase agreement for Preakness Stakes IP, a planned $180–$200 million investment in Rockingham Grand Casino (mid-2027 target), opening of Marshall Yards Racing & Gaming, and a $0.438 per-share dividend paid in January 2026. Net bank leverage was 3.8x and $31 million of capital was returned to shareholders.
Churchill Downs (Nasdaq: CHDN) agreed to buy the intellectual property for the Preakness Stakes and Black-Eyed Susan Stakes for $85 million from 1/ST Maryland LLC, subject to customary closing conditions.
The Preakness IP will be licensed back to the State of Maryland under an Exclusive License Agreement for an annual fee. The parties expect the transaction to close after the 2026 Preakness. Funding will come from cash on hand and the company’s existing credit facility.
Churchill Downs (Nasdaq: CHDN) announced a U.S. District Court ruling (Western District of Kentucky) finding the Horseracing Integrity and Safety Authority’s purse-weighted fee methodology arbitrary and capricious and unlawful.
The company said the decision prohibits HISA’s efforts to collect fees under that methodology and characterized the ruling as validation for bringing the legal action.
Churchill Downs Incorporated (NYSE: CHDN) will release Q1 2026 financial results after the market close on Wednesday, April 22, 2026, and host a conference call on Thursday, April 23, 2026 at 9:00 a.m. ET.
Investors can access a live webcast or register for teleconference access with a personalized dial-in code; an online replay will be available by noon ET on April 23, 2026. Financial release materials will be posted on the company's website.
Churchill Downs (Nasdaq: CHDN) reported record fourth-quarter net revenue of $665.9 million (up 7%) and record adjusted EBITDA of $247.0 million (up 4%). Net income attributable to CDI was $51.3 million (down 28%) and diluted EPS was $0.71.
The company returned $456.3 million to shareholders in 2025, ended the year with net bank leverage of 4.1x, opened new venues in Virginia and Kentucky, and plans a $180–$200 million investment in a New Hampshire casino.
Churchill Downs Incorporated (Nasdaq: CHDN) announced the grand opening of Marshall Yards Racing & Gaming in Calvert City, Kentucky, to the public on February 25, 2026. The project is a $40–45 million investment and is CDI’s eighth historical racing venue in Kentucky.
The 23,000 square foot facility includes 225 historical racing machines, a retail sportsbook, simulcast wagering, and food and beverage options. According to the company, Marshall Yards will help fund purses for the Oak Grove Racing, Gaming & Hotel racing meet, and aims to boost regional tourism and local economic activity.
Churchill Downs Incorporated (Nasdaq: CHDN) announced the 152nd Spring Meet at Churchill Downs Racetrack will run nine weeks from April 25 to June 28, 2026 with 44 racing days. Derby Week runs April 25–May 2, 2026, and includes the 152nd Kentucky Oaks (May 1, 8–9 PM ET primetime) and the 152nd Kentucky Derby (May 2).
The Kentucky Oaks purse is $1.5 million and the Kentucky Derby purse is $5 million. Derby Week returns Sunday racing on April 26, the first Sunday during Derby Week since 2010.
Churchill Downs Incorporated (Nasdaq: CHDN) announced the grand opening of Marshall Yards Racing & Gaming on February 25, 2026. The 23,000 square foot facility in Southwestern Kentucky will feature 225 historical racing machines, a sports bar, simulcast and sports wagering, and multiple food and beverage options. Marshall Yards is CDI's eighth historical racing venue in Kentucky and will support purse funding for Oak Grove Racing, Gaming & Hotel.
Management said the venue is intended to create jobs, boost tourism, and strengthen Marshall County's economic vitality.
Churchill Downs Incorporated (Nasdaq: CHDN) announced plans to redevelop Casino Salem in Salem, New Hampshire as Rockingham Grand Casino. The redevelopment expands the site from 19,000 square feet to 160,000 square feet across three floors and will include 825 historical racing machines, 32 table games, 12 electronic table game seats, a 900-seat live entertainment venue, and multiple food and beverage concepts.
The company received Salem Planning Board approval in December and expects to open Rockingham Grand Casino in mid-2027 with an estimated capital investment of $180–200 million. The project will locate at The Mall at Rockingham Park near Tuscan Village and will operate as a key tenant supporting charitable gaming proceeds to New Hampshire organizations.
Churchill Downs Incorporated (NYSE:CHDN) will release fourth quarter and full year 2025 financial results after market close on Wednesday, February 25, 2026 and will host a conference call on Thursday, February 26, 2026 at 9:00 a.m. ET.
Investors may join via the real-time webcast at http://ir.churchilldownsincorporated.com/events.cfm or register for teleconference access to receive a personalized dial-in and conference code; participants are encouraged to dial in 15 minutes early. An online replay will be available at the same investor events page by noon ET on February 26, 2026. The company will post the related news release and financial and statistical information at http://www.churchilldownsincorporated.com.