
Churchill Downs Revenue Gallops 11% to $2.7B on Expansions and Record Derby
Churchill Downs IncorporatedDescription
What this story covers
Churchill Downs Inc. reported $2.7B revenue in 2024, up 11%, driven by historical racing growth, new casinos like Terre Haute, and record Kentucky Derby. Adjusted EBITDA rose 13% to $1.2B amid diversification, with $4.9B debt at low 1.3x leverage. Expansions target high-margin wagering; risks include economic softness and regulations.
Story snapshot
CompanyChurchill Downs Incorporated
TickerCHDN
VariantStandard detailed
Duration14:26
Filing type10-K
PeriodAnnual 2024
IndustryConsumer Services
Accession0000020212-25-000051
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