LOUISVILLE, Ky., June 6, 2011 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq:CHDN) will hold its 2011 annual meeting of shareholders on Thursday, June 16, at 10 a.m. EDT in the Jockey Club Suites facility, located at Churchill Downs Racetrack in Louisville, Ky.

Shareholders and media representatives planning to attend the meeting should arrive at Gate 1 of the racetrack facility, located off Central Avenue, from 9-10 a.m. and utilize the Jockey Club Suites elevators, located behind the Paddock Pavilion, to access the meeting area. The Triple Crown Room is located on the fifth floor of the Jockey Club Suites.

Shareholders attending the meeting are invited to remain afterwards to enjoy a day at the races. Churchill Downs Incorporated will provide shareholders with complimentary tickets for reserved seats in the sixth-floor Millionaires Row dining room, including access to the buffet and free programs for the June 16 racing program.

Churchill Downs Incorporated ("CDI") (Nasdaq:CHDN), headquartered in Louisville, Ky., owns and operates four world-renowned Thoroughbred racing facilities: Arlington Park in Illinois, Calder Casino & Race Course in Florida, Churchill Downs Racetrack in Kentucky and Fair Grounds Race Course & Slots in Louisiana. CDI operates Harlow's Casino Resort & Hotel in Greenville, Miss., as well as slot and gaming operations in Florida and Louisiana. CDI tracks are host to North America's most prestigious races, including the Arlington Million, the Kentucky Derby and the Kentucky Oaks, the Louisiana Derby and the Princess Rooney. Churchill Downs Racetrack will host the Breeders' Cup World Championships for a record eighth time Nov. 4-5, 2011. CDI also owns off-track betting facilities; TwinSpires.com and other advance-deposit wagering providers; United Tote; television production, telecommunications and racing service companies such as Bloodstock Research Information Services; and a 50-percent interest in the national cable and satellite network, HorseRacing TV. Information about CDI can be found online at www.churchilldownsincorporated.com.

CONTACT: Julie Koenig Loignon

         (502) 636-4502 (office)

         Julie.Koenig@kyderby.com