CDI purchases 1,250 historical racing machines

Carved racehorses.

THE PAULICK REPORT via writes: Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) announced Monday that it has entered into an agreement to purchase 1,250 historical racing machines (“HRMs”) from International Game Technology PLC (“IGT”). The newly engineered IGT product will operate on Ainsworth Game Technology's (“Ainsworth”) proprietary HRM system that was co-developed with… Continue reading CDI purchases 1,250 historical racing machines

Churchill Downs Inc. acquiring YouBet.com (US)

Louisville-based racetrack company Churchill Downs Inc. announced Wednesday it is acquiring major online betting platform operator Youbet.com in a deal valued at $126.8 million. Youbet also owns United Tote, a leading provider of pari-mutuel tote services to racetracks such as Churchill Downs, Keeneland and the New York Racing Association tracks, and is the exclusive provider… Continue reading Churchill Downs Inc. acquiring YouBet.com (US)