Churchill Downs Incorporated
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Churchill Downs Incorporated
Churchill Downs Incorporated is the parent company of Churchill Downs. The company has evolved from one racetrack in Louisville, Kentucky, to a multi American-state-wide, publicly traded company with racetracks, casinos and an online wagering company among its portfolio of businesses. History Churchill Downs Incorporated began with the opening of one legendary racetrack in Louisville, Kentucky, in 1875. While traveling in England and France in 1872–1873, 26-year-old Meriwether Lewis Clark devised the idea of a Louisville Jockey Club for conducting race meets. Clark toured and visited with a number of notable racing leaders, including England's Admiral Rous and France's Vicomte Darn, vice president of the French Jockey Club. Upon his return from Europe, Clark began development of his racetrack, which would serve to showcase the Kentucky breeding industry. The track would eventually become known as Churchill Downs. The track formally opened on May 17, 1875, with four races schedu ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Louisville Downs
Louisville Downs was a half-mile Standardbred harness race track located in Louisville, Kentucky, United States. It opened in 1966 and held over 3,400 days of harness racing until it was sold to Churchill Downs Inc. in 1991. Louisville Downs was built and managed by William H. King, a Louisville entrepreneur and promoter, who was the first to offer wagering by phone (“Call-a-Bet”) and full card simulcast wagering to television viewers. The track is now the site of Derby City Gaming, a historical racing parlor opened in 2018. History King was a well-known promoter of entertainment events in Louisville. Prior to launching Louisville Downs, he had gained local renown for presenting sport, boat and vacation shows and events at the Kentucky Fair and Exposition Center. One of his most significant promotions was of 18-year-old Cassius Clay’s first professional fight on October 29, 1960 versus Tunney Hunsaker at Fairgrounds Coliseum. In 1965, King and a group of investors which inc ...
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Greenville, Mississippi
Greenville is a city in and the county seat of Washington County, Mississippi, United States. The population was 34,400 at the 2010 census. It is located in the area of historic cotton plantations and culture known as the Mississippi Delta. History Early history This area was occupied by indigenous peoples for thousands of years. When the French explored here, they encountered the historic Natchez people. As part of their colony known as ''La Louisiane'', the French established a settlement at what became Natchez, Mississippi. Other Native American tribes also lived in what is now known as Mississippi. The current city of Greenville is the third in the State to bear the name. The first, (known as Old Greenville) located to the south near Natchez, became defunct soon after the American Revolution, as European-American settlement was then still concentrated in the eastern states. The second Greenville was founded in 1824 by American William W. Blanton, who filed for land from ...
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Harlow's Casino Resort
Harlow's Casino Resort & Hotel is a casino located in Refuge, Mississippi near Greenville, and approximately east of the Mississippi River. It is owned and operated by Churchill Downs Inc. Harlow's has of gaming space with slot machines, blackjack, craps, and a 7-table poker room, a 105-room hotel, a 2,500-seat entertainment center, two restaurants, and three bars. Originally the name of the casino was going to be Bali-Hai, but the owner, the late Rick Schilling, changed the name to Harlow's Casino Resort "to bring back that lavish old Hollywood style with even more grandeur to this new property". The casino is designed to reflect the era known as the Golden Age of Hollywood. One of the two restaurants came from the Splash Casino, which was docked at Mhoon Landing in Tunica County, Mississippi, and is now a 400-seat buffet dining area called Legends. Churchill Downs purchased the property in December 2010 for $138 million. See also *List of casinos in Mississippi This is ...
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Stockbridge Capital Group
Stockbridge Capital Group is a private-equity real estate investment company based in San Francisco, led by Terry Fancher and Sol Raso. In 2020 the company had over $16 billion in assets under management. The company owns the Hollywood Park Casino in Inglewood, California and is partners with Kroenke Sports & Entertainment on SoFi Stadium and its surrounding development dubbed as ''Hollywood Park''. Stockbridge purchased the property in July 2005 from Churchill Downs Incorporated for $260 million in cash and operated Hollywood Park Racetrack until 2013. Stockbridge also owns more than 200 manufactured home communities through Yes! Communities. They have received $1.3 billion in financing from Fannie Mae, which they used to acquire more manufactured homes. In 2016, Stockbridge sold part of Yes! to GIC Private Limited and the Pennsylvania Public School Employees' Retirement System (PSERS). Stockbridge in addition owns Bay Meadows, a master planned community in San Mateo, California ...
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Thoroughbred Retirement Foundation
The Thoroughbred Retirement Foundation (TRF) is an American organization founded in 1982, whose mission is: "To save Thoroughbred horses no longer able to compete on the racetrack from possible neglect, abuse and slaughter." History Two years after its founding, the TRF had its first retiree. His name was Promised Road, he was then 9, an undistinguished campaigner whose career ended with a sixth-place finish in a $3,500 claiming race. There have been hundreds more like him who have come under the care of the TRF. Ron "Gibby" Gibson the trainer of Promised Road went on to teach at the facility before retiring. Early in the TRF's history, founder and chairman of the board, Monique S. Koehler, negotiated an agreement with the State of New York Department of Correctional Services. In exchange for land use and labor at the state's Wallkill Correctional Facility, the TRF would design, staff and maintain a vocational training program in equine care and management for inmates. Upon the ...
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Fair Grounds Race Course
Fair Grounds Race Course, often known as New Orleans Fair Grounds, is a thoroughbred racetrack and racino in New Orleans, Louisiana. It is operated by Churchill Downs Louisiana Horseracing Company, LLC. As early as 1838 Bernard de Marigny, Julius C Branch and Henry Augustine Tayloe, organized races at the "Louisiana Race Course" laid out on Gentilly Road, making it the second oldest site of horseracing in America still in operation, after Freehold Raceway and before the Saratoga Race Course. It began on April 10 and lasted for five days. In 1852 it was renamed the Union Race Course. In 2009, the Horseplayers Association of North America introduced a rating system for 65 Thoroughbred racetracks in North America. Of the top Fifteen, New Orleans Fair Grounds was ranked #12, behind Evangeline Downs in Opelousas, Louisiana, which was ranked #6. History In 1838 on April 10 Bernard de Marigny, Julius C Branch and Henry Augustine Tayloe (son of John Tayloe III of The Octagon House, a ...
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Arlington Park
Arlington International Racecourse (formerly Arlington Park, the name was Arlington Park Jockey Club from as soon as 1948 up to 1955) was a horse race track in the Chicago suburb of Arlington Heights, Illinois. Horse racing in the Chicago region had been a popular sport since the early days of the city in the 1830s, and at one time Chicago had more horse racing tracks (six) than any other major metropolitan area. Arlington International was the site of the first thoroughbred race with a million-dollar purse in 1981. It was located near the Illinois Route 53 expressway. It was serviced by the Chicago and Northwestern Railroad. The premier event at Arlington Park was the International Festival of Racing, held in early August, which featured three Grade 1 races on turf: the Arlington Million Stakes, Beverly D. Stakes and Secretariat Stakes. Owner Churchill Downs Inc. announced plans in February 2021 to sell all 326 acres of Arlington Park property for redevelopment. On Septemb ...
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Pinnacle Entertainment
Pinnacle Entertainment, Inc. was an American gambling and hospitality company. It was acquired by Penn National Gaming in 2018. At the time of acquisition, it operated sixteen casino properties, located in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, Pennsylvania, and Ohio, and a horse track in Texas. History Pinnacle Entertainment traced its roots to June 10, 1938, when movie mogul Jack L. Warner opened the Hollywood Park Turf Club racetrack in Inglewood, California. The original shareholders included Hollywood figures such as Walt Disney, Mervyn LeRoy and Bing Crosby. The company was incorporated and renamed in 1981 as Hollywood Park Realty Enterprises. It was renamed as Hollywood Park, Inc. in 1992. After many years in the horse racing business, the company began a transformation into a casino operator. In 1997, the company acquired Boomtown, Inc. and its three casinos in Nevada, Louisiana and Mississippi for $188 million. In 1998, it acquired Casino ...
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Hollywood Park Racetrack
Hollywood Park was a thoroughbred race course located in Inglewood, California, about 3 miles (5 km) from Los Angeles International Airport and adjacent to the Forum indoor arena. In 1994, the original Hollywood Park Casino was added to the racetrack complex. Horse racing and training were shut down in December 2013 though the casino operations continued until a new state of the art casino building, the new Hollywood Park Casino, opened in October 2016. The track was demolished in stages from 2014 until 2016 and the area is now the site of a master-planned neighborhood in development named Hollywood Park after the former track. The most prominent parts of the development are SoFi Stadium, home of the Los Angeles Rams and Los Angeles Chargers of the National Football League (NFL), YouTube Theater, a 6,000-seat performance arts venue, Hollywood Park Casino, and the NFL Los Angeles building, which is home to the NFL Network, NFL RedZone, NFL.com, and the NFL app. History Foun ...
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Calder Race Course
Calder Casino is a casino located in Miami Gardens, Florida. It includes slots, electronic table games, and bingo. The casino opened in 2010 and features a gaming floor with 1,100 slot machines, including video poker, as well as electronic roulette and blackjack. Live entertainment can be found at Calder Casino on a weekly basis as well as a popular ladies night. A player's club, VIP lounge, and dining options such as The Buffet, Lucky's Restaurant and Center Bar can all be found at the location. It is a non-smoking casino, however the Backyard Casino, South Florida's newest and largest smoking friendly open-air casino, opened at Calder Casino on May 19, 2018. The Backyard Casino at Calder hosts 75 games. Calder's horse racing operations were leased to the Stronach Group, operators of Gulfstream Park, in 2014. Since then, Calder's meet has been named Gulfstream Park West. Calder Casino is a wholly owned property of Churchill Downs Incorporated and has kept its original nam ...
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Henderson, Kentucky
Henderson is a home rule-class city along the Ohio River and is the county seat of Henderson County, Kentucky, United States. The population was 28,757 at the 2010 U.S. census. It is part of the Evansville Metropolitan Area, locally known as the " Tri-State Area". It is considered the southernmost suburb of Evansville, Indiana. History Early settlements Archaeological research shows that people were living in what is now Kentucky by at least 9,500 BCE, although they may have arrived much earlier. The settlers of the area after the start of the 1st millennium CE were of the Mississippian culture, a Native American civilization that flourished throughout what is now the Midwestern, Eastern, and Southeastern United States, from approximately 800 CE to 1600 CE. The population of most settlements of this culture had dispersed or were experiencing severe social and environmental stress by 1500. The area that is now Henderson County was later inhabited by the Yuchi, Shawnee and the ...
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