Churchill Downs, Incorporated · NASDAQ:CHDN
Churchill Downs — Shareholder Meeting (June 2009)
14 slides from Churchill Downs's shareholder meeting presentation, Jun 18, 2009
Slide 1: Building a Growth-Based Company
Churchill Downs Incorporated Building a Growth-Based Company Annual Shareholders Meeting Bob Evans, President & CEO June 18, 2009 Louisville, Kentucky Exhibit 99.1
Slide 2: Forward-Looking Statements
In addition to historical facts or statements of current conditions, this presentation contains forward- looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward- looking statements are statements that include projections, expectations or beliefs about future ev
Slide 3: The Kentucky Derby: Expanding The Reach Of Our Most Treasured Asset
The Kentucky Derby: Expanding The Reach Of Our Most Treasured Asset First Sports Illustrated cover since Smarty Jones in 2004. Before that, Sunny’s Halo in 1983 TV ratings up 11% in 2009 16.3 million Derby viewers; Most in 20 years Undated logo will support year- round introduction of “Derby Lifesty
Slide 4: The Kentucky Oaks: The Fourth Race in the Triple Crown?
Undated logo provides new year-round licensing opportunities Presenting the Kentucky Oaks as much more than just the “ day before the Derby ” Focus on women and their interests Generated $100,000 charitable contribution to the Komen Foundation and $30,000 for Kentucky First Lady Jane Beshear’s “Hors
Slide 5: The Innovation Leader in Growing Thoroughbred Racing
Returns to Churchill Downs in 2010 for Record 7 th Time First Track Accredited by NTRA Safety Alliance Arlington’s Terrace Café A Historical First: Night Racing at Churchill Downs The Innovation Leader in Growing Thoroughbred Racing A New Twist on a Derby Tradition
Slide 6: Using Technology to Grow Thoroughbred Racing
Technology innovation leader in Internet wagering First Internet Protocol TV Network Devoted to Thoroughbred Racing First High-Definition 16:9 aspect ratio signal sent to simulcast outlets Twinspires.com Headquarters Mountain View, CA 5-times 1.2 mil. 0.2 mil. KY Derby Race Replay on YouTube +21% +2
Slide 7: Growing our Gaming Business
Fair Grounds Slots Opened November 2008 Calder Casino Opens January/February 2010 Growing our Gaming Business
Slide 8: Growing Our Sports & Entertainment Offerings
The Rolling Stones at Churchill Downs Growing Our Sports & Entertainment Offerings The Police at Churchill Downs JazzFest Hosted at Fair Grounds
Slide 9: Growth by segment 2004 to 2008
JazzFest Host $0 mil. 758 238,499 $174 mil. 1.2% Arlington Calder Churchill Ellis Fair Grounds Hollywood Hoosier 2004 JazzFest Host $234 mil. 1,340 257,816 $196 mil. 1.4% Arlington Calder Churchill Fair Grounds 2008 JazzFest Host JazzFest Host The Police at Churchill JazzFest Host The Rolling Stones
Slide 10: Racing Remains Our Core Business
– Purse Contributions – New Racing Customers – Profit Growth – Content – Brands – Customers – Purse Contributions – New Racing Customers – Profit Growth – Gaming Licenses – Brands – Physical Assets – Brands – Operations Staff – Venues – Fixed Asset Utilization – New Racing Customers – Profit Growth
Slide 11: Growth Drivers: 2009 and 2010
Growth Drivers: 2009 and 2010 – To Be Announced – Group formed under Steve Sexton’s leadership Sports & Entertainment – Further channel switching to ADW expected – Opportunity may exist to expand into Internet gaming beyond pari-mutuel wagering – Full content availability – Industry ADW handle growi
Slide 12: Building the Foundation for Growth
Building the Foundation for Growth People The best team in racing Building new competencies: – Gaming (at Fair Grounds, Calder and in Louisville) – Online (in Mountain View, CA, and in Lexington) – Sports & Entertainment (in Louisville) Gaming Sports & Entertainment Online Reality-Based Strategy Car
Slide 13: Annual and Cumulative Share Price Performance
th Annual Performance Rank: Annual Share Price Increase 87 126 153 136 125 117 S&P 500 100 121 139 112 111 107 CHDN 101 145 178 163 142 128 Russell 2000 Cumulative Performance Rank: 2003 Index = 100 S&P 500 -30.8% Russell 2000 -18.5% Russell 2000 +9.4% +1.3% +4.1 +6.5% Russell 2000 -30.4% S&P 500 -1
Slide 14: Questions?
Questions?