About Churchill Downs

Churchill Downs Incorporated is a diversified provider offering pari-mutuel horse racing, gaming, and entertainment services, and it stands as the country's leading source for online wagering accounts on horse racing activities. The company delivers its gaming products through casinos in Mississippi, slot and video poker operations in Louisiana, as well as slot and poker businesses in Florida. Churchill Downs manages its operations through four primary segments: Racing, Gaming, Online, and Other Investments. In the Racing segment, operations include net revenues and corresponding expenses derived from wagers placed at the company's racetracks and off-track betting facilities, as well as commissions earned from other betting locations through simulcast fees. This segment's financials also encompass ancillary revenues and expenses generated by pari-mutuel facilities, which include admissions, sponsorships, licensing, food and beverage sales, and other uses of its venues. The Gaming segment's operations cover net revenues and related expenses stemming from slot machines, table games, and video poker. Additionally, this segment accounts for ancillary income and expenses from food and beverage sales, hotel operations, and various miscellaneous sources. Within the Online segment, business operations involve net revenues and associated expenses stemming from wagers placed via the internet, telephone, or other mobile devices on pari-mutuel events, as well as costs related to the company’s prepaid deposit wagering services. Moreover, this segment includes the company's information services, which provide data and processing services to the horse breeding industry. The Other segment comprises net revenues and corresponding expenses generated by a joint venture company— the provider of the company's pari-mutuel betting system—in partnership with Bluff Company. For more information, please visit the company's website at http://www.churchilldownsincorporated.com or contact their headquarters at 600 North Hurstbourne Parkway, Suite 400, Louisville, Kentucky 40222.