Conducts pari-mutuel wagering on live Thoroughbred, Quarter Horse & Standardbred horse racing & simulcast signals of races. It offers racing services through its other interests as well as alternative gaming through video poker machines in Louisiana.
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As a homestate pick and host of the media powerhouse known globally as simply The Derby, Churchill Downs is a quiet and seasonal pick. The track is currently undergoing substantial renovations and will soon be looking better than ever - not mention in the next few weeks The Derby will be run. The Company also owns several other successful tracks nationwide, which adds to the value of the shares beyond the Kentucky Derby's home.