Churchill Downs Incorporated

Churchill Downs Incorporated is a leading racing, online wagering, and gaming entertainment company, best known as the home of the iconic Kentucky Derby. Headquartered in Louisville, Kentucky, the company's mission is to create extraordinary entertainment experiences that connect people to the thrill of racing and gaming while delivering sustainable growth for its stakeholders.

The company operates across three primary segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. Its Live and Historical Racing segment includes the Churchill Downs Racetrack, other racing venues, and historical racing machine (HRM) facilities. The Wagering Services and Solutions segment features TwinSpires, a prominent online horse racing wagering platform that also encompasses sports betting and iGaming, alongside United Tote for pari-mutuel wagering systems and Exacta for HRM technology. The Gaming segment comprises regional casino properties offering slot machines, table games, video lottery terminals, and video poker.

Led by CEO William C. Carstanjen, Churchill Downs Incorporated has demonstrated strong financial performance, reporting increased revenue and net income in Q1 2026. Recent strategic moves include the acquisition of intellectual property rights for the Preakness Stakes and Black-Eyed Susan Stakes in April 2026, further solidifying its position in premier thoroughbred racing. The company continues to expand its footprint with new HRM facilities and casino resorts, and its Kentucky Oaks event set new wagering records in May 2026, underscoring its significant market presence in the diversified entertainment and gaming industry.