Churchill Downs Incorporated Opens Owensboro Racing & Gaming: A New Chapter in Kentucky's Gaming Landscape

Churchill Downs Incorporated (CHDN) has made a significant stride in expanding its gaming footprint in Kentucky with the opening of Owensboro Racing & Gaming. This new venue, located in eastern Daviess County, is set to bring a world-class entertainment experience to the region, driving economic growth and tourism. Here's what investors need to know about this exciting development.

A World-Class Entertainment Destination

Owensboro Racing & Gaming features 600 state-of-the-art historical racing machines (HRM), a retail sportsbook, simulcast wagering, and multiple food and beverage options. This comprehensive gaming and entertainment offering is expected to attract a wide range of customers, from local residents to visitors from across the state and beyond.

Economic Impact and Job Creation

The opening of Owensboro Racing & Gaming is expected to have a significant positive impact on the local economy. The venue is projected to create hundreds of new jobs, both directly and indirectly, through increased tourism and spending in the region. Additionally, the venue's support for purse funding for Ellis Park Racing & Gaming's summer racing meet in Henderson, Kentucky, further bolsters the local horse racing industry.

Expanding CHDN's Footprint in Kentucky

The addition of Owensboro Racing & Gaming to CHDN's portfolio of gaming and entertainment venues in Kentucky strengthens the company's position in the commonwealth's gaming industry. With this new venue, CHDN now operates five racetracks, six casinos, and multiple off-track betting (OTB) facilities across the state. This expanded footprint allows CHDN to tap into new markets and customer bases, driving long-term revenue and earnings growth.

Investment Opportunities

The opening of Owensboro Racing & Gaming presents an attractive investment opportunity for those looking to capitalize on the growth of the gaming and entertainment industry in Kentucky. As CHDN continues to invest in and develop new gaming and entertainment venues, such as Owensboro Racing & Gaming, it is likely to see sustained long-term revenue and earnings growth.



In conclusion, the opening of Owensboro Racing & Gaming is a significant milestone for Churchill Downs Incorporated and the gaming industry in Kentucky. This new venue is expected to drive economic growth, create jobs, and expand CHDN's footprint in the state. For investors, this development presents an attractive opportunity to capitalize on the growth of the gaming and entertainment industry in the region. As CHDN continues to invest in and develop new gaming and entertainment venues, it is likely to see sustained long-term revenue and earnings growth.