Churchill Downs (CHDN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
The race, to be broadcast on the first Saturday in May, the traditional day of the Kentucky Derby, will feature 13 past Triple Crown winners and raise funds to combat the coronavirus.
Churchill Downs announced today plans to celebrate the first Saturday in May, the traditional date of the annual Kentucky Derby, by hosting a day-long at-home Kentucky Derby party to raise $2 million for COVID-19 emergency relief efforts.
Churchill Downs (CHDN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Casino giant Caesars’ mountains of debt raises uncertainty about its pending merger with Eldorado (ERI) amid the pandemic, says Dan Wasiolek, senior equity analyst at Morningstar.
Q1 2020 Churchill Downs Inc Earnings Call
Churchill Downs (CHDN) delivered earnings and revenue surprises of -68.75% and -6.57%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
LOUISVILLE, Ky., April 29, 2020 -- Churchill Downs Incorporated (Nasdaq: CHDN) ("CDI" or the "Company") today reported business results for the first quarter ended March 31,.
Racing and casino company Churchill Downs (NASDAQ: CHDN), organizer of the world-famous Kentucky Derby race, has agreed to pay $124 million to settle two class action lawsuits, according to news reports. Australian computerized gambling system and spinning reel slot machine maker Aristocrat Leisure Ltd. (ASX: ALL) will pay the rest of the $155 million settlement, or $31 million. The lawsuits, Thimmegowda v. Big Fish Games and Kater v. Churchill Downs, relate to the Big Fish Games online gambling brand, which Churchill Downs sold to Aristocrat in 2018.
Spokesman Darren Rogers said that 2019's opening weekend betting, with spectators in the stands, only amounted to slightly more than $9.3 million. By last Thursday, just two days before the race, approximately 720 horses were on the Churchill Downs grounds, along with their trainers and support personnel. According to Churchill Downs, 11 races took place on Saturday, involving several hundred horses and dozens of jockeys and trainers.
Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) and Aristocrat Leisure Limited (ASX:ALL) ("Aristocrat") today announced that they have entered into an agreement in principle to settle the Kater v. Churchill Downs, Inc., and Thimmegowda v. Big Fish Games, Inc. lawsuits (the “Kater and Thimmegowda Litigations”). CDI completed its sale of Big Fish Games, Inc. to Aristocrat in January 2018.
Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today that it has created 'The Kentucky Derby: Triple Crown Showdown' for Churchill Downs Racetrack's nationwide virtual 'Kentucky Derby at Home' party to be televised on NBC on May 2 from 3:00 -6:00 p.m. EDT. During the broadcast, Derby fans will witness Inspired's ultra-realistic 3D CGI representation of the Kentucky Derby featuring the 13 Triple Crown winners from the past century in an ultimate face-off. Viewers will get to experience the magic of the Derby with a stunning, fully accurate re-creation of the Twin Spires of Churchill Downs and the atmosphere of Derby Day on the first Saturday in May.
On the date that is annually reserved for the "Most Exciting Two Minutes in Sports," the first Saturday in May, 1.7 million viewers tuned in to watch the 13 Triple Crown winners battle it out in "The Kentucky Derby: Triple Crown Showdown" created by Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE), the Company announced today. In a virtual race for the ages, Secretariat emerged as the ultimate champion, winning the race 47 years after winning the Kentucky Derby at Churchill Downs.
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A Relative Strength Rating upgrade for Churchill Downs shows improving technical performance. Will it continue?
LOUISVILLE, Ky., May 20, 2020 -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today plans to reopen its two properties in Mississippi..
Before we get started, I would like to remind you that some of the statements that we make today may include forward-looking statements. All forward-looking statements should be considered in conjunction with the cautionary statements in our earnings release and the risk factors included in our filings with the SEC, specifically the most recent report on Form 10-Q and Form 10-K. Any forward-looking statements that we make are based on assumptions as of today, and we undertake no obligation to update these statements as a result of new information or future events.
Boyd Gaming (BYD) first-quarter 2020 results are anticipated to reflect decline in top and bottom line on account of coronavirus.
A little less than two weeks after it ran a computer-simulated race instead of the postponed Kentucky Derby, Churchill Downs (NASDAQ: CHDN) is readying its namesake racetrack for the restart of live races in the near future. The Matt Winn Stakes, named in honor of Colonel Martin "Matt" Winn, an important Kentucky Derby organizer in the early 20th century, is the only national race currently scheduled for May. Featuring a $150,000 purse, it may have a much higher profile than usual this year as contenders in later stakes use it as a prep race for upcoming contests. Horses began to arrive at the Churchill Downs racetrack stables yesterday, along with their trainers and support personnel such as farriers, veterinarians, and grooms.
Entertainment, wagering, and racing company Churchill Downs Incorporated (NASDAQ: CHDN) reported its first-quarter results today after the stock market closed. While the company's revenue predictably fell with the postponement of the iconic Kentucky Derby race to September and other negative effects of the COVID-19 pandemic, it still beat some analyst expectations. Churchill Downs noted it also has robust liquidity.