Churchill Downs, Incorporated · NASDAQ:CHDN

Churchill Downs — Investor Presentation (October 2024)

43 slides from Churchill Downs's investor presentation, Oct 23, 2024

  1. Slide 1: Thumbnails Document Outline Attachments

    Thumbnails Document Outline Attachments

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  5. Slide 5: October 23, 2024 Investor Presentation

    Whole words Presentation Mode Open Print Download Current View Go to First Page Go to Last Page Rotate Clockwise Rotate Counterclockwise Text Selection Tool Hand Tool Vertical Scrolling Horizontal Scrolling Wrapped Scrolling No Spreads Odd Spreads Even Spreads Document Properties… Toggle Sidebar Fin

  6. Slide 6: Forward-Looking Statements

    Forward-Looking StatementsCertain statements made in this presentation contain various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such

  7. Slide 7: Business Overview and Case for Investing

    Business Overview and Case for Investing4

  8. Slide 8: Churchill Downs Incorporated Overview

    GamingChurchill Downs Racetrack (“CDRT”)KentuckySix gaming entertainment venues with ~4,640 HRMs and two HRM expansion projects underwayVirginiaEight HRM properties with ~4,450 HRMs and two HRM expansion projects underwayNew HampshireChasers Poker Room in Salem with significant HRM and table game ex

  9. Slide 9: The Kentucky Derby is Only the Beginning

    The Kentucky Derby is Only the BeginningCase for Investing VirginiaLive VintonHamptonRichmondEmporiaColonial Downs/New Kent and Historical RacingGamingKentucky7Notes:1.Owensboro Racing & Gaming in Kentucky is expected to open in 1Q’25.2.Calvert City HRM venue in Kentucky is expected to open in 1Q’26

  10. Slide 10: Strong 3Q'24 Performance

    $573$27$6 $25$629($3)3Q'23Live & HistoricalTwinSpiresGamingAll Other3Q'24$218$12$9 $1 ($5)$2353Q'23Live & HistoricalTwinSpiresGamingAll Other3Q'249Strong 3Q’24 Performance9Case for Investing10% Quarterly Revenue Growth from 3Q’23 to 3Q’24& Eliminations$ in millions8% Quarterly Adj. EBITDA Growth fro

  11. Slide 11: One of a Kind Portfolio

    10One of a Kind Portfolio10Case for Investing$1.1$ in billions$0.349%14%44%(7)%Gaming Segment: Rivers equity investment Acquisition of Iowa and New York casinos Terre Haute opening 2Q 2024 Regional gaming growthTwinSpires Segment: Acquisition of Exacta Core TwinSpires growth B2B growthLive and Histo

  12. Slide 12: On-Going Capital Investments at Churchill Downs Racetrack

    On-Going Capital Investments at Churchill Downs RacetrackAnnounced Project Capital Investments12Potential Major Future Projects: Renovate additional reserved seating areas Infield seating segmentation HotelFirst TurnSkye TerraceMansion, Matt Winn’s, and Finish Line SuitesTurf ClubStarting Gate Suite

  13. Slide 13: Western Kentucky Strategy

    14 Western Kentucky StrategyAnnounced Project Capital Investments Ellis Park, located in Henderson, Kentucky, serves the Western Kentucky market and is approximately 10 minutes from downtown Evansville, Indiana CDI has enhanced Ellis Park racing: –Improved customer racing experience–Safety and envir

  14. Slide 14: Live and Historical Racing Segment

    HRM technology system providers Exacta is a provider of HRM technology that can be marketed to other HRM license holders in New Hampshire Live and Historical RacingSegment16

  15. Slide 15: Kentucky Live and Historical Racing Overview

    Live and Historical Racing SegmentKentucky Live and Historical Racing OverviewProperties in red italics are not yet open.Live RacingKY Historical Racing FacilitiesChurchill DownsHome of the Kentucky DerbyDerby City GamingDerby City Gaming DowntownTurfway ParkTu r f w a y Park Racing & GamingNewport

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  43. Slide 43: Enter the password to open this PDF file. File name: File size:

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