- About CDI
- CDI Properties
- Executive Team
- Churchill Charities
Churchill Downs Incorporated (CDI) is a publicly traded company, originally established in 1875 as the Louisville Jockey Club and Driving Park Association. Eight years later, the racing association adopted the now famous moniker of Churchill Downs.
Churchill Downs was organized as a Kentucky corporation in 1928 and officially became known as "Churchill Downs Incorporated" in 1942. CDI remains headquartered in Louisville, Ky., where its flagship racing venue, Churchill Downs Racetrack, annually plays host to North America's premier horse race, the Grade I Kentucky Derby Presented by Yum! Brands.
CDI owns and operates racetracks in Florida, Illinois and Louisiana; racetrack casinos in Florida and Louisiana; off-track betting operations in Illinois, Kentucky and Louisiana; and the country's leading online wagering service, TwinSpires.com. Additionally, CDI owns and has interests in a variety of racing- and wagering-related data, totalizator and telecommunications companies.
Churchill Downs Incorporated is traded on the NASDAQ Global Select Market. CDI's ticker symbol is CHDN.
Transfer Agent and Registrar:
For questions regarding dividend checks, stock transfers, lost certificates or name/address changes, please contact our transfer agent:
American Stock Transfer and Trust Company, LLC
6201 15th Avenue
Brooklyn, NY 11219
Analysts Who Cover Churchill Downs Incorporated
For a current list of analysts who cover Churchill Downs Incorporated, click here.
Shareholder Pass Program
For information about Churchill Downs Incorporated's Shareholder Pass Program, click here.
Tickets to the Kentucky Derby and Kentucky Oaks
For information on how to request tickets to the annual Kentucky Derby and Kentucky Oaks to be hosted by Churchill Downs racetrack, click here.
Churchill Downs Incorporated
Safe Harbor Statement:
This Website contains various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides certain "safe harbor" provisions for forward-looking statements. All forward-looking statements made through this Website are made pursuant to the PSLRA. The reader is cautioned that such forward-looking statements are based on information available at the time and/or managementâ€™s good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors that could cause actual results to differ materially from expectations include: the effect of global economic conditions, including any disruptions in the credit markets; a decrease in consumers' discretionary income; the effect (including possible increases in the cost of doing business) resulting from future war and terrorist activities or political uncertainties; the impact of increasing insurance costs; the impact of interest rate fluctuations; the financial performance of our racing operations; the impact of gaming competition (including lotteries, online gaming and riverboat, cruise ship and land-based casinos) and other sports and entertainment options in the markets in which we operate; our ability to maintain racing and gaming licenses to conduct our businesses; the impact of live racing day competition with other Kentucky, Florida, Illinois and Louisiana racetracks within those respective markets; the impact of higher purses and other incentives in states that compete with our racetracks; costs associated with our efforts in support of alternative gaming initiatives; costs associated with customer relationship management initiatives; a substantial change in law or regulations affecting pari-mutuel and gaming activities; a substantial change in allocation of live racing days; changes in Kentucky, Florida, Illinois or Louisiana law or regulations that impact revenues or costs of racing operations in those states; the presence of wagering and gaming operations at other states' racetracks and casinos near our operations; our continued ability to effectively compete for the country's horses and trainers necessary to achieve full field horse races; our continued ability to grow our share of the interstate simulcast market and obtain the consents of horsemen's groups to interstate simulcasting; our ability to enter into agreements with other industry constituents for the purchase and sale of racing content for wagering purposes; our ability to execute our acquisition strategy and to complete or successfully operate acquisitions and planned expansion projects including the effect of required payments in the event we are unable to complete acquisitions; our ability to successfully complete any divestiture transaction; market reaction to our expansion projects; the inability of our totalisator company, United Tote, to maintain its processes accurately or keep its technology current; our accountability for environmental contamination; the inability of our Online Business to prevent security breaches within its online technologies; the loss of key personnel; the impact of natural and other disasters on our operations and our ability to obtain insurance recoveries in respect of such losses (including losses related to business interruption); our ability to integrate any businesses we acquire into our existing operations, including our ability to maintain revenues at historic levels and achieve anticipated cost savings; the impact of wagering laws, including changes in laws or enforcement of those laws by regulatory agencies; the outcome of pending or threatened litigation; changes in our relationships with horsemen's groups and their memberships; our ability to reach agreement with horsemen's groups on future purse and other agreements (including, without limitation, agreements on sharing of revenues from gaming and advance deposit wagering); the effect of claims of third parties to intellectual property rights; and the volatility of our stock price.