Churchill Downs earnings call recap
The top line Net revenue rose 16.3% to $337.8m and adj. EBITDA rose 28% $156.1m. Live racing and historical racing (HRM) was up 14.6% to $81.5m; TwinSpires was down 19.6% to $102.2m and gaming was up 38.8% to $185.6m. Easy does it: CEO Bill Carstanjen said the group would remain cautious in how it approached […]