공시 • Oct 24
Stronach Group Inc., Churchill Downs Inc. and the New York Racing Association Face Class-Action Lawsuit on Massive AI Horse Betting Manipulation Scheme A class-action lawsuit accuses major horseracing entities of colluding via computer-assisted, algorithmic betting that has disadvantaged everyday bettors in a rigged system that favors the wealthy, according to Hagens Berman. The lawsuit was filed in the U.S. District Court for the Eastern District of New York on Oct. 24, 2025, against racetrack owners Stronach Group Inc., Churchill Downs Inc. and the New York Racing Association – who also own or co-own computer-assisted wagering (CAW) platforms Elite Turf Club LLC and Velocity – in addition to United Tote company and Racing and Gaming Services. Advances in technology have relegated betting and wagering in horseracing to online-based accounts which benefit from algorithms and AI and other inside information, according to the lawsuit. Wagering profits are now the result of an organized scheme and has resulted in the transfer of billions to a small group of inside bettors and the operators of racetracks and betting platforms. The lawsuit states that in many cases, given their preferential advantages, these inside bettors enjoy no-risk, no-loss “wagering” opportunities with respect to amounts now approaching nearly $(US) 4 billion per year,” the lawsuit states. These parties, according to the lawsuit, rig U.S. betting pools in favor of a small group of insiders who bet enormous amounts. Reported Earnings • Oct 23
Third quarter 2025 earnings released: EPS: US$0.54 (vs US$0.87 in 3Q 2024) Third quarter 2025 results: EPS: US$0.54 (down from US$0.87 in 3Q 2024). Revenue: US$683.0m (up 8.7% from 3Q 2024). Net income: US$38.1m (down 41% from 3Q 2024). Profit margin: 5.6% (down from 10% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Hospitality industry in Italy. 공시 • Oct 23
Churchill Downs Incorporated Approves an Annual Cash Dividend, Payable on January 6, 2026 On October 21, 2025, Churchill Downs Incorporated's Board of Directors approved an annual cash dividend on the Company's common stock of $0.438 per outstanding share, a 7% increase over the prior year. The dividend is payable on January 6, 2026, to shareholders of record as of the close of business on December 5, 2025, with the aggregate cash dividend to be paid to each shareholder rounded to the nearest whole cent. 공시 • Sep 16
Churchill Downs Incorporated to Report Q3, 2025 Results on Oct 22, 2025 Churchill Downs Incorporated announced that they will report Q3, 2025 results After-Market on Oct 22, 2025 공시 • Aug 28
Churchill Downs Incorporated (NasdaqGS:CHDN) completed the acquisition of 51% stake in PPE Casino Resorts NH Holdings, LLC from The Cordish Company, Inc. Churchill Downs Incorporated (NasdaqGS:CHDN) entered into a definitive agreement to acquire 51% stake in PPE Casino Resorts NH Holdings, LLC from The Cordish Company, Inc. on July 14, 2025. The acquisition of 90% interest for a total consideration of $180 million in cash, subject to certain purchase price adjustments. In a separate but related transaction, Churchill Downs Incorporated also entered into a definitive agreement to acquire 39% stake in PPE Casino Resorts NH Holdings, LLC from F&L Gaming, LLC. Churchill will finance the Salem Transaction using its existing credit facility. Following the Salem Transaction, Faro and Lupoli combined will maintain ownership of 10% of Casino Salem, and will continue to provide their local expertise, which is central to the efforts to complete the development of this new venue.
The transaction is anticipated to close during the third quarter of 2025, subject to usual and customary closing conditions, including receipt of approval by the New Hampshire Lottery Commission.
Churchill Downs Incorporated (NasdaqGS:CHDN) completed the acquisition of 51% stake in PPE Casino Resorts NH Holdings, LLC from The Cordish Company, Inc. on August 27, 2025. 공시 • Jul 24
Churchill Downs Incorporated (NasdaqGS:CHDN) announces an Equity Buyback for $500 million worth of its shares. Churchill Downs Incorporated (NasdaqGS:CHDN) announces a share repurchase program. Under the program, the company will repurchase up to $500 million worth of company’s common stock. The repurchase program has no expiration date. 공시 • Jun 29
Churchill Downs Incorporated Announces Retirement of Maureen Adams Executive Vice President, Gaming Operations, Effective December 31, 2025 On June 25, 2025, Maureen Adams, Executive Vice President, Gaming Operations of Churchill Downs Incorporated, notified the Company of her decision to retire from the Company, effective December 31, 2025. 공시 • Jun 12
Churchill Downs Incorporated to Report Q2, 2025 Results on Jul 23, 2025 Churchill Downs Incorporated announced that they will report Q2, 2025 results After-Market on Jul 23, 2025