Churchill Downs Inc. Reports Record Revenues

• {Louisville, Kentucky}...Louisville-based Churchill Downs Inc. has reported record revenues and earnings for the three-month period that ended September 30th. Earnings from continuing operations for the period more than quadrupled to $19.7 million, or $1.16 per share, versus $3.7 million, or 22 cents per share a year ago. The increase resulted in part from the addition of the Harlow’s Casino Resort & Hotel in Mississippi, which the company bought last year, and the collection of the company’s 19.3 million share of an Illinois riverboat casino subsidy that had been in escrow during a court case. Net revenues from continuing operations rose 13 percent to $166.3 million.