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The Latest Breaking News from CHDN

Is Churchill Downs a Bet Worth Taking?

The casino & gambling industry is thriving owing to the rise of online gambling, mobile sports betting, and technological advancements. Additionally, the growing appeal of enhanced traditional gaming experiences contributes to this expansion. With this in mind, does Churchill Downs (CHDN) possess the fundamentals to capitalize on the booming sector?…

Boeing, CyberArk Lead 5 Stocks Near Buy Points

Boeing, CyberArk Lead 5 Stocks Near Buy Points

The market rally is going strong, but watch out for a potential pullback. Top stocks near buy points include Boeing and CyberArk.

Investors Business Daily

Kentucky Derby Owner Down But Not Out. Funds Bet On Next Leg Up.

Kentucky Derby Owner Down But Not Out. Funds Bet On Next Leg Up.

While Churchill Downs stumbles as the Kentucky Derby owner suspends racing, CHDN stock looks to regain its footing and breakout.

Investors Business Daily

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Breakout Watch: 59 A+ Funds Bet On This Casino Stock With 125% Growth

Boosted by a robust rebound in Macau, casino hotel giant Las Vegas Sands has rolled out impressive growth as LVS stock enters buy range.

Investors Business Daily

Looking Into Churchill Downs's Return On Capital Employed

According to Benzinga Pro, during Q1, Churchill Downs (NASDAQ:CHDN) earned $42.10 million, a 2.77% increase from the preceding quarter. Churchill Downs's sales decreased to $364.10 million, a 0.19% change since Q4.

Churchill Downs Raises $900M Via Debt

Churchill Downs Inc (NASDAQ:CHDN) said its wholly-owned subsidiary, CDI Escrow Issuer Inc, is offering senior notes due 2030 in a private offering. The offering is part of the financing for the proposed acquisition of Peninsula Pacific Entertainment LLC. The company plans to place proceeds of $900 million in escrow. Upon satisfaction of the…

Bob Baffert Sues Churchill Downs Over 2-Year Ban Following Derby Disqualification: Report

Thoroughbred racing trainer Bob Baffert has filed a lawsuit against Churchill Downs Inc. (NYSE: CHDN), CEO Bill Carstanjen and Chairman Alex Rankin, claiming that they lacked the legal authority to ban him for two years after Medina Spirit, the horse he train

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Churchill Downs Agrees To Acquire Peninsula Pacific Entertainment Assets For ~$2.5B

Churchill Downs Agrees To Acquire Peninsula Pacific Entertainment Assets For ~$2.5B

Churchill Downs Inc (NASDAQ:CHDN) has agreed to acquire substantially all of the assets of Peninsula Pacific Entertainment LLC (P2E) for $2.485 billion. The acquisition will include all of P2E's assets in Virginia and New York and the operations of its Sioux City casino property. The transaction is expected to close by the end of 2022. "This…

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