Company:  CHURCHILL DOWNS INC (CHDN)
Form Type:  10-Q
Filing Date:  7/28/2021 
CIK:  0000020212 
Address:  600 N HURSTBOURNE PKWY
STE 400
 
City, State, Zip:  LOUISVILLE, Kentucky 40222-5389 
Telephone:  15023941166 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$254.90  
Change: 
-1.07 (-0.42%)  
Trade Time: 
Oct 22  
Market Cap: 
$9.82B
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© 2021  
Description of Business
Churchill Downs Incorporated (the "Company", "we", "us", "our") is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event, the Kentucky Derby. We own and operate three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines ("HRMs") in Kentucky. We also own and operate TwinSpires, one of the largest and most profitable online wagering platforms for horse racing, sports and iGaming in the U.S and we have seven retail sportsbooks. We are also a leader in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals ("VLTs") and 200 table games. We were organized as a Kentucky corporation in 1928, and our principal executive offices are located in Louisville, Kentucky. Impact of the COVID-19 Global Pandemic In March 2020, the World Health Organization declared the COVID-19 outbreak a global pandemic.
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  FORM 10-Q
    PART I. FINANCIAL INFORMATION
      ITEM 1. FINANCIAL STATEMENTS
        BALANCE SHEET
        STOCKHOLDERS EQUITY
        CASH FLOW
        CASH FLOW
        Notes to Condensed Consolidated Financial Statements
      ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL ...
      FINANCIAL STATEMENTS
        BALANCE SHEET
        CASH FLOW
      ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT ...
      ITEM 4. CONTROLS AND PROCEDURES
    PART II. OTHER INFORMATION
      ITEM 1. LEGAL PROCEEDINGS
      ITEM 1A. RISK FACTORS
      ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF ...
      ITEM 3. DEFAULTS UPON SENIOR SECURITIES
      ITEM 4. MINE SAFETY DISCLOSURES
      ITEM 5. OTHER INFORMATION
      ITEM 6. EXHIBITS
    SIGNATURES
  EXHIBIT 31.A
    CERTIFICATION OF CHIEF EXECUTIVE OFFICER
  EXHIBIT 31.B
    CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER
  EXHIBIT 32
    Certification of Chief Executive Officer and Chief Financial ...