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GlobeNewswire

LOUISVILLE, Ky., May 01, 2021 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) appear today that Medina Spirit claimed the Garland of Roses in the 147th active of the $3 actor Kentucky Derby presented by Woodford Reserve. The Aggregation appear that 51,838 admirers reveled beneath clement skies to watch as the “Most Exciting Two Minutes in Sports” triumphantly alternate to the aboriginal Saturday in May at Churchill Downs Racetrack (“Churchill Downs”). Wagering from all-sources on the Kentucky Derby Day affairs totaled $233.0 actor up 85% compared to the 2020 Kentucky Derby Day program. All-sources wagering on the Kentucky Derby chase was $155.4 actor up 96% from aftermost year’s Derby race. All-sources handle for Opening Night, Saturday, April 24, through Derby Day, Saturday, May 1, was recorded at $314.6 million, up 79% from aftermost year. TwinSpires, one of the better and best assisting online wagering platforms for horse racing, sports and iGaming in the U.S., and the official wagering accomplice of the Kentucky Derby, recorded basic almanac handle of $62.7 actor on Churchill Downs contest for the Kentucky Derby Day program, an admission of 66% over the above-mentioned year. TwinSpires recorded basic almanac handle on the Kentucky Derby chase abandoned of $40.8 million, up 75% over 2020. Medina Spirit, endemic by Zedan Antagonism Stables, and bred in Florida by Gail Rice led from the start, captivated off a active assemblage from Mandaloun and prevailed in a blood-tingling accomplishment by a 1/2 length. Trainer Bob Baffert anchored his 7th Kentucky Derby win eclipsing the almanac ahead aggregate with Ben Jones. Jockey John Velazquez recorded his 4th Kentucky Derby achievement and capped a acknowledged weekend by acceptable both the Kentucky Oaks and the Kentucky Derby. “Today it was abundantly acceptable to acceptable our admirers aback to Churchill Downs for the 147th active of the Kentucky Derby,” said Bill Carstanjen, CEO of CDI. “We will abide to advance in this iconic accident as we actualize altered and once-in-a-lifetime adventures in the advancing years for our guests.” Churchill Downs alien two new alms efforts this year. A acclimatization commemoration was hosted in the Winner’s Circle of Churchill Downs as U.S. District Judge for the Western District of Kentucky Benjamin Beaton administered the Oath of Allegiance to bristles new citizens apery bristles altered countries on the day of America’s Greatest Race. CDI hosted about 300 assembly from Kentucky’s Foster Care breadth as guests in the first-ever Kentucky Derby Foster Family Initiative affiliation with Jim “Mattress Mack” and in cooperation with Louisville nonprofits Maryhurst and Boys & Girls Haven. About Churchill Downs Incorporated Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming ball aggregation anchored by our iconic flagship event, the Kentucky Derby. We own and accomplish three pari-mutuel gaming ball venues with about 3,050 absolute antagonism machines in Kentucky. We additionally own and accomplish TwinSpires, one of the better and best assisting online wagering platforms for horse racing, sports and iGaming in the U.S. and we accept seven retail sportsbooks. We are additionally a baton in brick-and-mortar bank gaming in eight states with about 11,000 aperture machines and video action terminals and 200 table games. Added advice about CDI can be begin online at www.churchilldownsincorporated.com. About Churchill Downs Racetrack Churchill Downs Racetrack (“Churchill Downs”), the world’s best allegorical racetrack, has been the home of The Kentucky Derby, the longest always captivated anniversary antic accident in the United States, back 1875. Amid in Louisville, Churchill Downs appearance a alternation of themed chase canicule during Derby Week, including the Kentucky Oaks, and conducts Thoroughbred horse antagonism during three chase meets in the Spring, September, and the Fall. Churchill Downs is amid on 175 acreage and has a one-mile clay track, a 7/8-mile accommodation track, a stabling area, and provides basement for about 60,000 guests. The saddling paddock and the abiding breadth has barns acceptable to board 1,400 horses and a 114-room billet for backstretch personnel. Churchill Downs additionally has a year-round advertisement wagering facility. www.ChurchillDowns.com. Certain statements fabricated in this account absolution accommodate assorted “forward-looking statements” aural the acceptation of the “safe harbor” accoutrement of the Private Securities Action Reform Act of 1995. Advanced statements are about articular by the use of agreement such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and agnate words or agnate expressions (or abrogating versions of such words or expressions). Although we accept that the expectations reflected in such advanced statements are reasonable, we can accord no affirmation that such expectations will prove to be correct. Important factors, amid others, that may materially affect absolute after-effects or outcomes accommodate the following: the appulse of the atypical coronavirus (COVID-19) communicable and accompanying bread-and-butter affairs on our after-effects of operations, banking altitude and prospects; the accident of amazing events, such as agitator attacks, accessible bloom threats, civilian unrest, and brutal weather; the aftereffect of bread-and-butter altitude on our consumers’ aplomb and arbitrary spending or our admission to credit; added or added taxes and fees; the appulse of cogent competition, and the apprehension the antagonism levels will increase; changes in customer preferences, attendance, wagering, and sponsorships; accident of key or awful accomplished personnel; abridgement of aplomb in the candor of our amount businesses or any abasement in our reputation; risks associated with disinterestedness investments, cardinal alliances and added third-party agreements; disability to acknowledge to accelerated abstruse changes in a appropriate manner; absorption and change of aperture apparatus accomplishment and added technology altitude that could appoint added costs; disability to accommodate agreements with industry constituents, including army and added racetracks; disability to auspiciously aggrandize our TwinSpires Sports and Bank business and finer compete; disability to analyze and complete expansion, accretion or denial projects, on time, on account or as planned; adversity in amalgam contempo or approaching acquisitions into our operations; costs and uncertainties apropos to the development of new venues and amplification of absolute facilities; accepted risks accompanying to absolute acreage buying and cogent expenditures, including fluctuations in bazaar ethics and ecology regulations; assurance on our technology casework and adverse contest and arrangement failures abolition our operations; online aegis risk, including cyber-security breaches, or accident or abusage of our stored advice as a aftereffect of a breach, including customers’ claimed information, could advance to government administration accomplishments or added litigation; claimed abrasion action accompanying to injuries occurring at our racetracks; acquiescence with the Foreign Corrupt Practices Act or applicative money-laundering regulations; payment-related risks, such as accident associated with counterfeit acclaim agenda and debit agenda use; assignment stoppages and activity issues; risks accompanying to awaiting or approaching acknowledged affairs and added actions; awful adapted operations and changes in the authoritative ambiance could abnormally affect our business; restrictions in our debt accessories attached our adaptability to accomplish our business; abortion to accede with the banking ratios and added covenants in our debt accessories and added indebtedness; and admission in our allowance costs, or access agnate allowance advantage in the future, and disability to balance beneath our allowance behavior for amercement abiding at our backdrop in the accident of brutal acclimate and blow events. We do not undertake any obligation to amend or alter any advanced statements, whether as a aftereffect of new information, approaching contest or otherwise, except as appropriate by law. Investor Contact: Nick ZangariMedia Contact: Tonya Abeln(502) 394-1157(502) 386-1742Nick.Zangari@kyderby.comTonya.Abeln@kyderby.com

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