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The Latest Breaking News from Churchill Downs Inc

Preakness date change sparks new questions about the future of the Triple Crown

In the past several years, trainers and owners increasingly opted to skip the Preakness after running a horse in — or even winning — the Kentucky Derby

The Independent UK

Churchill Downs strikes $85m deal for Preakness intellectual property rights

Churchill Downs strikes $85m deal for Preakness intellectual property rights

The owner of the Kentucky Derby will acquire the IP tied to the Preakness amid amid broader questions about the future of the Triple Crown schedule

The Guardian - US

John Cherwa: Why Churchill Downs extended the ban on trainer Bob Baffert

Imagine having your driver’s license suspended, serving that suspension, and then being told the suspension has been extended because you haven’t admitted that you committed those driving offenses you were charged with two years ago.

Los Angeles Times

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No Kentucky Derby 150 for Bob Baffert. Churchill Downs extends trainer’s suspension.

Churchill Downs Inc. announced Monday that it is extending its track suspension of trainer Bob Baffert through the calendar year 2024.

Tribune News Service

Arlington Park track’s property tax bill cut by half

The property tax bill for Arlington Park this year was reduced from $16.1 million to $7.8 million.

Chicago Sun-Times

19 horses to tangle in wide-open 149th Kentucky Derby

The cast of characters for the 149th Kentucky Derby was rewritten in the days leading up to Saturday's race

The Independent UK

Bob Baffert cannot run horses at Kentucky Derby after court denies injunction

Trainer Bob Baffert’s attempt to run horses in this year’s Kentucky Derby was once again denied when a federal district court in Louisville, Ky., denied his request for a preliminary injunction. Baffert is currently serving a two-year suspension by Churchill Downs Inc. after Medina Spirit tested positive for a legal…

Los Angeles Times

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Can A Huge Kentucky Derby Upset Bring Viewers, Fans Back To Horse Racing After Year Of Scandal?

Can A Huge Kentucky Derby Upset Bring Viewers, Fans Back To Horse Racing After Year Of Scandal?

One of the biggest upset stories in sports happened over the weekend, and it wasn’t from one of the four major North American sports. Here’s a publicly traded company that could stand to benefit.

Churchill Downs Raises $900M Via Debt

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…

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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