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Churchill Downs Incorporated Announces Temporary Suspension of Racing at Certain Properties
LOUISVILLE, Ky., March 23, 2020 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced today the temporary suspension of live
About this update from Churchill Downs, Incorporated
[{"type":"text","content":"LOUISVILLE, Ky., March 23, 2020 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced today the temporary suspension of live racing at Miami Valley Raceway at Miami Valley Gaming in Lebanon, Ohio effective at 11:59 ET on March 20, 2020 and Fair Grounds Race Course in New Orleans, Louisiana effective 11:59 CT on March 21, 2020 in cooperation with state and local authorities as a precautionary measure to COVID-19. CDI has a 50% equity investment in Miami Valley Gaming.\n There have been no known cases of COVID-19 at any of these properties and all CDI properties have been and will continue to work closely and cooperatively with the state and local authorities in each state where we operate. CDI will continue to monitor the developments related to COVID-19. About Churchill Downs Incorporated Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event - The Kentucky Derby. We own and operate Derby City Gaming, a historical racing machine facility in Louisville, Kentucky. We also own and operate the largest online horse racing wagering platform in the U.S., TwinSpires.com, and we operate sports betting and iGaming through our BetAmerica platform in multiple states. We are also a leader in brick-and-mortar casino gaming with approximately 11,000 slot machines and video lottery terminals and 200 table games in eight states. Additional information about CDI can be found online at www.churchilldownsincorporated.com. Information set forth in this news release contains various “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Act”), which provides certain “safe harbor” provisions. All forward-looking statements made in this news release are made pursuant to the Act. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors that could ...