Churchill Downs Incorporated is making significant strides in the equestrian realm and beyond! They recently debuted a dazzling new Rosie’s Gaming Emporium in Emporia, Virginia, boasting 150 thrilling historical horse racing terminals, a bustling simulcast section for viewing and betting on races, and naturally, delicious cuisine and beverages. To commemorate their grand opening, they generously contributed $25,000 to five local charitable organizations. This marks the seventh Rosie’s establishment in Emporia, and the corporation suggests that even more are in the pipeline.
However, that’s not all! CDI has been occupied with some major strategic maneuvers within the sector. In August 2023, they purchased Exacta Systems, a leading provider of technology for historical horse racing operations, for a substantial $250 million. This calculated acquisition is projected to make CDI an even more prominent force in the HHR domain.
Recall when CDI partnered with DraftKings back in November 2022? They introduced a specialized application called DK Horse, specifically crafted for those who relish the excitement of wagering on horse races.
And let’s not overlook safety! In the wake of some unfortunate equine injuries, CDI temporarily suspended live racing at Churchill Downs in June 2023. This choice, made jointly with the Kentucky Horse Racing Commission and the Horseracing Integrity and Safety Authority, demonstrates their dedication to the welfare of these remarkable animals.
Looking forward, CDI is aiming for a completely new entertainment venue in Daviess County, Kentucky, featuring – you guessed it – an even greater number of historical horse racing machines!
This fresh location is going to be fantastic! They plan to offer those neat HHR devices, live horse racing for wagering, some delicious dining options, and even a pub for cocktails. This entire endeavor is part of CDI’s strategy for expansion and improvement, and it appears to be successful! In the previous year, they generated a massive $1.59 billion, a significant increase from the preceding year. They are undoubtedly on the right track!
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