Churchill Downs Incorporated Announces State of Maryland's Decision to Acquire the Preakness IP Rights

Churchill Downs Incorporated announced that the State of Maryland has decided to exercise its rights to acquire the intellectual property rights of the Preakness Stakes and Black-Eyed Susan Stakes from 1/ST Maryland LLC by matching CDI's previously-announced $85 million purchase agreement. CDI's CEO stated the company remains committed to working with Maryland leadership on redeveloping Pimlico and the Preakness Stakes.

06/18/2026, 4:59 PM • Benzinga

Churchill Downs Incorporated Announces State of Maryland’s Decision to Acquire the Preakness IP Rights

Churchill Downs Incorporated announced that the State of Maryland has exercised its right to acquire the intellectual property rights of the Preakness Stakes and Black-Eyed Susan Stakes for $85 million, matching CDI's previously announced purchase agreement. CDI's CEO stated the company remains committed to working with Maryland leadership on redeveloping Pimlico and the Preakness Stakes.

06/18/2026, 4:59 PM • GlobeNewswire

Golden Tempo Wins the 152nd Running of the Kentucky Derby Presented by Woodford Reserve

Golden Tempo won the 152nd Kentucky Derby at 23-1 odds under trainer Cherie DeVaux, who became the first woman to train a Derby winner. The event drew over 150,000 fans and generated record Derby Week wagering of $487 million across all sources, up 3% from 2025. Churchill Downs expects record Adjusted EBITDA of $15-18 million growth for Derby Week.

05/02/2026, 10:07 PM • GlobeNewswire

Always A Runner Claims the Lilies for the 152nd Running of the Longines Kentucky Oaks

Churchill Downs Incorporated reported record-breaking results for the 152nd Kentucky Oaks, with Always A Runner winning the race. The event attracted over 103,000 fans and generated $89 million in total wagering (up 18% year-over-year) and $29 million on the Kentucky Oaks race alone (up 29% year-over-year). NBC Sports broadcast the event in primetime for the first time, and TwinSpires set a new record of $24 million in wagering.

05/01/2026, 11:19 PM • GlobeNewswire

Churchill Downs Incorporated Announces Definitive Agreement to Acquire Preakness Intellectual Property Rights

Churchill Downs Incorporated (NASDAQ: CHDN) has agreed to acquire the intellectual property rights of the Preakness Stakes and Black-Eyed Susan Stakes from 1/ST Maryland LLC for $85 million. The transaction, expected to close after the 2026 Preakness Stakes, will be funded through cash on hand and existing credit facilities. CDI will license the IP to the State of Maryland to conduct the races annually.

04/21/2026, 9:00 AM • Benzinga

10 Discounted Stocks That Could Surprise This Earnings Season

As Q1 2026 earnings season begins, the article identifies 10 undervalued US stocks expected to report earnings within 10 days. These stocks appear undervalued by 36-60% based on fair value estimates, with analysts projecting potential gains of 22-117%. Three highlighted stocks are Churchill Downs (gaming/entertainment), Gentex (automotive vision systems), and Omnicell (hospital automation), all showing strong analyst support despite recent stock declines.

04/14/2026, 1:11 PM • Investing

10 Discounted Stocks That Could Surprise This Earnings Season

As Q1 2026 earnings season begins, the article identifies 10 undervalued US stocks expected to report earnings within 10 days. These stocks appear undervalued by 36-60% based on fair value estimates, with analysts projecting potential gains of 22-117%. Three highlighted stocks include Churchill Downs (gaming/entertainment), Gentex (automotive vision systems), and Omnicell (hospital automation), all showing strong analyst support despite recent stock declines.

04/14/2026, 11:11 AM • Investing

10 Discounted Stocks That Could Surprise This Earnings Season

Q1 2026 earnings season kicks off this week with potential for significant stock movements. The article identifies 10 undervalued US stocks reporting earnings within 10 days that appear 36-60% undervalued based on fair value estimates, with analysts projecting 22-117% upside potential. Three highlighted stocks are Churchill Downs (gaming/entertainment), Gentex (automotive vision systems), and Omnicell (hospital automation), all showing strong analyst sentiment despite recent underperformance.

04/14/2026, 4:05 AM • Investing

This LNG Stock Is Up 32% in a Year, so Why Did One Investor Sell Off a $14 Million Position?

Bayberry Capital Partners fully exited its $14 million position in Golar LNG during Q4 2025, selling 346,000 shares. Despite the stock being up 32% over the past year and the company showing strong financial performance with 51% revenue growth and improving EBITDA, the fund's exit appears to be a capital allocation shift rather than a negative verdict on the company. Golar LNG benefits from long-term contracts providing multiyear earnings visibility, including a recently secured 20-year project with Argentina's Southern Energy.

03/12/2026, 11:12 AM • The Motley Fool

Churchill Downs Incorporated Opens Marshall Yards Racing & Gaming in Southwestern Kentucky

Churchill Downs Incorporated opened Marshall Yards Racing & Gaming, a $40-45 million, 23,000 square foot entertainment venue in Calvert City, Kentucky, featuring 225 historical racing machines, a retail sportsbook, and simulcast wagering. The venue will support purse funding for Oak Grove Racing's meet in Kentucky as CDI expands its footprint in Southwestern Kentucky.

02/24/2026, 6:19 PM • GlobeNewswire

Churchill Downs Incorporated 2025 Fourth Quarter and Full Year Financial Results Conference Call Invitation

Churchill Downs Incorporated announced it will release its fourth quarter and full year 2025 financial results on February 25, 2026, followed by a conference call on February 26, 2026 at 9 a.m. ET. The company, which operates the Kentucky Derby and regional casino gaming properties, will provide investors with access to the call via webcast and teleconference.

01/07/2026, 5:30 PM • GlobeNewswire

Lantheus Exit: $28 Million Sale Comes as Earnings Fall 77% Year Over Year

Nitorum Capital fully exited its stake in Lantheus Holdings, selling 344,444 shares worth $28.2 million in Q3. The exit comes as Lantheus faces significant headwinds including a 77% year-over-year earnings decline, declining sales of its flagship prostate cancer imaging agent, CEO retirement, and margin compression despite strong revenue generation.

12/23/2025, 6:25 PM • The Motley Fool

Churchill Downs Incorporated Completes Acquisition of a Majority of Casino Salem Project in New Hampshire

Churchill Downs Incorporated has completed the purchase of a majority stake in the Casino Salem joint venture in New Hampshire, with initial operations already launched on July 9th. The company plans to further develop the venue through rebranding, gaming floor expansion, and new food and beverage concepts.

08/27/2025, 4:01 PM • Benzinga

Churchill Downs Incorporated Announces Definitive Agreements to Acquire a Majority of Casino Salem Project in New Hampshire

Churchill Downs Incorporated has signed definitive agreements to acquire a majority stake in Casino Salem, a gaming and entertainment venue located near Boston. The initial phase opened with 100 historical racing machines and 13 live table games, with plans for future expansion and rebranding.

07/14/2025, 4:31 PM • Benzinga