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 operates a racing, online wagering, and regional gaming business built around Churchill Downs Racetrack and the Kentucky Derby. Company updates cover Kentucky Derby Week, the Kentucky Oaks, seasonal race meets, TwinSpires wagering activity, and the operation and expansion of live and historical racing entertainment venues.
Recurring CHDN news also includes regional casino gaming properties, historical racing machine venues such as Marshall Yards, quarterly operating results, dividends, share repurchases, leverage, and regulatory or legal matters affecting pari-mutuel racing and racing-industry fees.
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.
Churchill Downs (Nasdaq: CHDN) announced the Victory Run growth project at Churchill Downs Racetrack, a new four-story premium structure on the first turn to replace uncovered ground-level box seats and dated dining areas.
The company plans to spend $280-$300 million, replace about 6,400 existing seats with premium seating for approximately 7,800 guests, and add private suites, indoor/outdoor dining, and covered box seating. Construction is anticipated to begin after the 2026 Kentucky Derby and to be completed by the 2028 Kentucky Derby, subject to City of Louisville and state incentives approvals; interim temporary seating and enhancements are planned for the 2027 Kentucky Derby.
Churchill Downs Incorporated (Nasdaq: CHDN) reported record third quarter net revenue $683.0M (up 9%) and record Adjusted EBITDA $262.3M (up 11%) for the quarter ended September 30, 2025.
Adjusted net income was $77.1M (up 7%), while GAAP net income was $38.1M (down 42%) due to a one-time after-tax $31.0M impairment of Chasers' gaming rights. The company returned $53.5M via share repurchases, closed acquisition of 90% of Casino Salem for $180M, expanded Virginia HRM capacity (450 and 175 machines), and approved a $0.438 per-share annual dividend payable Jan 6, 2026.
Net bank leverage was 4.1x; new U.S. tax law allows recognition of a $91.2M deferred tax asset tied to prior interest limitations.
Everi (IGT brand) announced a seven-year agreement with Churchill Downs Incorporated (NASDAQ: CHDN) dated Oct. 8, 2025 to deploy Everi CashClub® and additional FinTech solutions across CDI live and historical racing venues and regional gaming properties.
Services include ATM, debit, credit, check processing, Everi Compliance anti-money laundering (AML) technology, and back-end gaming operational tools. The deal builds on existing integrations: Everi's BeOn™ Venue Platform powers the Churchill Downs Racetrack mobile app and IGT supplies historical horse racing games and hardware.
The partnership aims to deliver improved transaction diversity, stronger compliance, smarter data, and personalized patron engagement.