Revenues from its online wagering unit increased 13 %
Churchill Downs looks to launch real-money gaming site
(US).- Posting record net revenues of us$ 270.8 million in its results for the second quarter 2012, US racing and gaming operator Churchill Downs (CDI) said it hopes later this year to launch into real-money gaming.
2012-08-13
Reading time 28 seg
(US).- Posting record net revenues of us$ 270.8 million in its results for the second quarter 2012, US racing and gaming operator Churchill Downs (CDI) said it hopes later this year to launch into real-money gaming.
Revenues from CDI’s existing online wagering company Twinspires.com increased by 13 % to us$ 52.7 million, overtaking its land-based gaming revenues in the second quarter of this year. The increase was driven primarily by new customer growth and an increase in average daily wagering.
"We continue to build our portfolio of growth opportunities,” said CDI chairman and CEO Robert Evans. “Later this year we hope to launch the real-money gaming site Luckity.com. And we continue to aggressively evaluate various ventures and potential acquisitions."
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