Churchill Downs, Inc. Buying Online Wagering Site

Churchill Downs, Incorporated announced Wednesday that it will buy the online wagering site Youbet.com. A statement from the companies says the transaction is valued at $126.8 million. They expect online wagering to grow in popularity, though its estimated right now that less than 14-percent of wagering on thoroughbred races is placed online. Company officials will… Continue reading Churchill Downs, Inc. Buying Online Wagering Site

Flanery Is New Churchill Downs Track President

A Louisville native has been named the 13th president of Churchill Downs racetrack. Kevin Flanery joined Churchill Downs, Incorporated four years ago as vice-president of national public affairs. Flanery replaces Steve Sexton, who took another position in the company. Flanery┬ásays he’ll continue to pursue innovative ways to bring more people to the historic track. He… Continue reading Flanery Is New Churchill Downs Track President