Churchill Downs Reports Record Q1 Earnings with Strong Revenue and EBITDA Growth
Churchill Downs (CHDN) reported record first-quarter net revenue of $663 million and adjusted EBITDA of $257 million, driven by strong performance in Live and Historical Racing and Wagering. The company also announced expansion plans and a strategic acquisition of Preakness and Black-Eyed Susan IP. The results highlight continued growth and confidence in future performance.
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Topics: acquisition earnings EBITDA expansion financial performance Kentucky Derby revenue