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Churchill Downs announces temporary employee furloughs at certain properties » 17:39
03/25/20
03/25
17:39
03/25/20
17:39
CHDN

Churchill Downs

$96.36 /

+7.32 (+8.22%)

Churchill Downs announced…

Churchill Downs announced the temporary furlough of employees at certain properties that temporarily ceased operations following local or state government-ordered closure undertaken to combat the impact of the COVID-19 pandemic. Temporary furloughs at properties that have been impacted by the closures will begin immediately. CDI is taking steps to limit the impact of these actions on team members by continuing to provide health, dental, vision and life insurance benefits to furloughed employees. All remaining salaried employees across the company will receive a salary reduction based on a percentage that varies dependent upon the amount of each employee's salary. The most senior level of executive management will receive the largest salary decrease based on both percentage and dollar amount. These salary reductions will be in effect until the Company begins to return to normalized operations. CDI is fully committed to working with relevant authorities in each state to determine when each property is permitted to reopen. "This is not a decision any company ever wishes to make and it is particularly tough when those affected are deeply respected team members who have helped us build great facilities and strong businesses of which we are all very proud," said Bill Carstanjen, CEO of CDI. "We look forward to welcoming our team members and customers back when we are able to reopen our properties and return to normal operations."

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Churchill Downs announces suspension of operations at certain locations » 17:25
03/23/20
03/23
17:25
03/23/20
17:25
CHDN

Churchill Downs

$73.91 /

+1.11 (+1.52%)

Churchill Downs announced…

Churchill Downs announced the temporary suspension of live racing at Miami Valley Raceway at Miami Valley Gaming in Lebanon, Ohio effective at 11:59 ET on March 20, 2020 and Fair Grounds Race Course in New Orleans, Louisiana effective 11:59 CT on March 21, 2020 in cooperation with state and local authorities as a precautionary measure to COVID-19. There have been no known cases of COVID-19 at any of these properties.

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Churchill Downs receives KHRC approval to push Kentucky Derby to Sep 5 » 12:32
03/20/20
03/20
12:32
03/20/20
12:32
CHDN

Churchill Downs

$76.45 /

+8.915 (+13.20%)

Churchill Downs…

Churchill Downs Incorporated announced unanimous approval by the Kentucky Horse Racing Commission at their March 19 special meeting, to reschedule the 146th Longines Kentucky Oaks and Kentucky Derby Presented by Woodford Reserve to September 4 and 5, 2020, respectively at Churchill Downs Racetrack including approval of five additional race days for Churchill Downs. The five additional race days at Churchill Downs will run from September 1 to September 5 and will replicate many of the activities typically held during Derby Week leading up to the 146th Kentucky Derby on September 5.

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Churchill Downs says 'safety comes first' before 'logistics of horseracing'  09:20
03/17/20
03/17
09:20
03/17/20
09:20
CHDN

Churchill Downs

$75.84 /

-16.92 (-18.24%)

 
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Churchill Downs says picked Sept. 5 date 'after careful reflection with experts » 09:17
03/17/20
03/17
09:17
03/17/20
09:17
CHDN

Churchill Downs

$75.84 /

-16.92 (-18.24%)

Says "We feel really…

Says "We feel really confident about it." Thinks the company will run the Kentucky Derby "and we'll run it with a crowd."

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Churchill Downs CEO says Derby rescheduling 'very difficult, but necessary' » 09:08
03/17/20
03/17
09:08
03/17/20
09:08
CHDN

Churchill Downs

$75.84 /

-16.92 (-18.24%)

Comments taken from the…

Comments taken from the company's update on the 146th Kentucky Derby.

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Churchill Downs announces rescheduling of 146th Kentucky Derby » 09:06
03/17/20
03/17
09:06
03/17/20
09:06
CHDN

Churchill Downs

$75.84 /

-16.92 (-18.24%)

Churchill Downs…

Churchill Downs Incorporated announced its decision to reschedule the 146th Longines Kentucky Oaks and Kentucky Derby Presented by Woodford Reserve. The 146th Kentucky Derby will be rescheduled from May 2, 2020 to September 5, 2020 and the 146th Kentucky Oaks will be rescheduled from May 1, 2020 to September 4, 2020. These dates are contingent upon final approval from the Kentucky Horse Racing Commission which we expect to receive on Thursday, March 19.

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Kentucky Derby to be rescheduled to September 5 from May 2 » 09:03
03/17/20
03/17
09:03
03/17/20
09:03
CHDN

Churchill Downs

$75.84 /

-16.92 (-18.24%)

The 146th Kentucky Derby…

The 146th Kentucky Derby Presented by Woodford Reserve will be rescheduled from May 2, 2020 to September 5, 2020 and the 146th Longines Kentucky Oaks will be rescheduled from May 1, 2020 to September 4, 2020. These dates are contingent upon final approval from the Kentucky Horse Racing Commission which we expect to receive on Thursday, March 19. Churchill Downs Incorporated CEO, Bill Carstanjen, stated: "Throughout the rapid development of the COVID-19 pandemic, our first priority has been how to best protect the safety and health of our guests, team members and community. As the situation evolved, we steadily made all necessary operational adjustments to provide the safest experience and environment. The most recent developments have led us to make some very difficult, but we believe, necessary decisions and our hearts are with those who have been or continue to be affected by this pandemic. Our team is united in our commitment to holding the very best Kentucky Derby ever and certainly the most unique in any of our lifetimes. While we are always respectful of the time-honored traditions of the Kentucky Derby, our Company's true legacy is one of resilience, the embracing of change and unshakeable resolve."

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Periodicals
Kentucky Derby to be postponed until September, WDRB News reports » 05:57
03/17/20
03/17
05:57
03/17/20
05:57
CHDN

Churchill Downs

$75.84 /

-16.92 (-18.24%)

The Kentucky Derby will…

The Kentucky Derby will be postponed until September 5, the latest sporting event to be affected by the coronavirus pandemic, WDRB News' Jason Riley reports, citing multiple sources. A news conference will be held at 9 a.m. Tuesday to formally announce the move, according to the report. Churchhill Downs annually hosts the Kentucky Derby. Reference Link

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Churchill Downs announces temporary suspension at Mississippi Properties » 18:33
03/16/20
03/16
18:33
03/16/20
18:33
CHDN

Churchill Downs

$75.84 /

-16.92 (-18.24%)

Churchill Downs announced…

Churchill Downs announced the temporary suspension of operations at certain of its properties as a precautionary measure to COVID-19 and in cooperation with state and local authorities. In addition to the previously announced actions, Riverwalk Casino Hotel in Vicksburg, Mississippi and Harlow's Casino Resort & Spa in Greenville, Mississippi will temporarily suspend operations by 11:59 p.m. ET on March 16, 2020. There have been no known cases of COVID-19 at any of these properties and all CDI properties have been and will continue to work closely and cooperatively with the state and local authorities in each state where we operate. CDI will continue to closely monitor the developments related to COVID-19.

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