Photograph: Charles Toler/Eclipse Sportswire
Churchill Downs Inc. reported second quarter report income and adjusted income after receiving help from the record-breaking all-source deal with at Kentucky Derby Week.
The Louisville, Kentucky-based firm stated adjusted revenues rose 1% to $459 million. Quarterly income rose 5% to $934.4 million. Earnings per diluted revenue elevated from $2.79 to $2.99.
Within the reside and historic racing phase, revenues rose from $490.2 million to $5400.9 million. Adjusted phase revenue elevated from $279.2 million to $296.5 million.
The corporate stated the rise in income was primarily attributable to elevated revenues from historic racing machine operations in Virginia and Kentucky.
Within the first half of 2025, the corporate listed adjusted revenues of $687.3 million and revenues of $890.7 million.
In its launch, CDI stated it agreed to accumulate a 90% stake in New Hampshire On line casino Salem within the second quarter for $180 million and to accumulate the suitable to develop charitable video games, leisure and eating locations.
The corporate’s shares traded on the NASDAQ system and rose 1.02% to $109.16 on Wednesday. The income report was launched on the finish of the transaction.
