Thursday, June 14, 2012

Churchill Downs Looking To Expand


{Louisville, Kentucky}...Speaking at a shareholders meeting in Louisville, Churchill Downs Inc. CEO Robert Evans said Thursday the Louisville-based company is looking for growth opportunities while coming off its successful financial performance in 2011. Evans says the company has the resources to do more deals, and its taking a close look at casinos up for sale. Shareholders approved bonuses for four Churchill executives, the largest of which is up to $1.1 million for Evans. Shareholders also approved a performance-based incentive plan for top executives that could pay up to $5 million.