churchill downs inc (CHDN) Key Developments
Churchill Downs Inc. to Report Q2, 2014 Results on Jul 30, 2014
Jul 21 14
Churchill Downs Inc. announced that they will report Q2, 2014 results at 4:30 PM, US Eastern Standard Time on Jul 30, 2014
Churchill Downs Inc. Presents at Brean Capital 2014 Global Consumer & Gaming Conference, Jun-04-2014 09:00 AM
Jun 2 14
Churchill Downs Inc. Presents at Brean Capital 2014 Global Consumer & Gaming Conference, Jun-04-2014 09:00 AM. Venue: Sofitel Hotel New York, New York, New York, United States. Speakers: Michael W. Anderson, Vice President of Corporate Finance and Treasurer, William E. Mudd, Chief Financial Officer, Principal Accounting Officer and Executive Vice President.
Churchill Downs Incorporated Announces Agreement Allowing The Stronach Group to Operate Racing at Calder Race Course
May 28 14
Churchill Downs Incorporated (CDI) announced that it has entered into a binding term sheet with The Stronach Group (TSG) under which TSG will operate, at TSG's expense, live racing and maintain certain facilities used for racing and training at Calder Race Course (Calder) located in Miami Gardens, Fla. TSG will run at Calder the minimum number of race days required by Florida law while also running live racing during the course of the rest of the year at Gulfstream Park. This arrangement will be in effect through the end of 2020. The transaction is anticipated to be completed by June 30, 2014 and is contingent upon regulatory approval, certain amendments to Calder's agreement with the Florida Horsemen's Benevolent and Protective Association Inc. (FHBPA), execution of certain other definitive agreements (such as the facility lease agreement) and other usual and customary closing conditions. The transaction will involve a lease to TSG of Calder's racetrack and certain other racing and training facilities, including a portion of the barns on Calder's backside consisting of approximately 430 stalls. TSG will operate live horse racing at Calder, under Calder's racing permits, in compliance with all applicable laws and licensing requirements. TSG will operate and maintain the racing and training facilities that are subject to the lease agreement on a year-round basis. TSG will be responsible for substantially all of the direct and indirect costs associated with these activities and receive the associated revenues. CDI will continue to own and operate the Calder Casino. In addition, TSG and CDI reached agreement with respect to extending their current contracts to provide each other with their respective horse racing content for simulcast and account wagering purposes and modification of their HRTV operating and ownership agreement which will result in, among other things, the disposition of CDI's remaining interest in HRTV to TSG early 2015.
Churchill Downs Inc. Presents at 5th Annual Wells Fargo Gaming Conference, May-13-2014 09:20 AM
May 10 14
Churchill Downs Inc. Presents at 5th Annual Wells Fargo Gaming Conference, May-13-2014 09:20 AM. Venue: The Four Seasons, 3960 Las Vegas Blvd South, Las Vegas, NV 89119, United States. Speakers: William E. Mudd, Chief Financial Officer, Principal Accounting Officer and Executive Vice President.
Churchill Downs Incorporated Announces Retirement of Darrell R. Wells as Board of Director
Apr 24 14
Effective April 22, 2014, Darrell R. Wells retired from the Churchill Downs Incorporated's Board of Directors in accordance with the company's mandatory retirement age policy.