Much of this was due to the acquisition of new casinos. Churchill Downs Incorporated’s net revenue for 2019 increased 33.0% to $1.33bn, thanks mostly to the building and acquisition of new casinos, though this expansion also weighed on the operator’s bottom line.Ĭasinos away from the Churchill Downs site were the largest source of revenue for CDI, at $692.4m, up 54.0%.
