Experience the Excitement of Churchill Downs at Derby City Gaming Downtown!
December 10, 2023
☀️Trending News
Experience the Excitement of Churchill Downs ($NASDAQ:CHDN) at Derby City Gaming Downtown! Churchill Downs Incorporated is a renowned, publicly-traded company that operates world-famous racetracks and casinos. The company recently opened a new casino, Derby City Gaming Downtown, located in Louisville, KY. This new casino is sure to be a game-changer for local and visiting gamblers alike. The casino also has a variety of table games such as blackjack, roulette, and craps, as well as live entertainment in the form of DJs and concerts.
From exciting games and live entertainment to delicious dining options and a friendly atmosphere, you’ll feel like you’re at the racetrack. With its convenient location in the heart of downtown Louisville, it’s easy to get to and from the casino. So if you’re looking for the best of both worlds – the excitement of Churchill Downs and the convenience of downtown Louisville – make sure to check out Derby City Gaming Downtown. With all it has to offer, it promises to be an unforgettable experience!
Price History
On Thursday, CHURCHILL DOWNS stock opened at $115.5 and closed at $116.7, up by 1.5% from prior closing price of 115.0. This shows the growing popularity of CHURCHILL DOWNS which is helping the company to increase its stock value. It is no surprise that people are passionate about the excitement and thrill provided by CHURCHILL DOWNS.
From thrilling horse races to delicious cuisine, the company has something for everyone. If you’re looking for an adrenaline rush, then visiting CHURCHILL DOWNS is the best way to get it. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Churchill Downs. More…
| Total Revenues | Net Income | Net Margin |
| 2.38k | 360.7 | 14.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Churchill Downs. More…
| Operations | Investing | Financing |
| 611.6 | -3.55k | 1.43k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Churchill Downs. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.75k | 5.86k | 11.91 |
Key Ratios Snapshot
Some of the financial key ratios for Churchill Downs are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 31.1% | 111.3% | 31.1% |
| FCF Margin | ROE | ROA |
| -1.9% | 53.0% | 6.8% |
Analysis
As GoodWhale, we performed an analysis of CHURCHILL DOWNS‘s financials and found it to be strong in terms of dividend, growth, and medium in profitability and weak in asset. Additionally, we classified CHURCHILL DOWNS as a ‘gorilla’ type of company; one that achieved stable and high revenue or earning growth due to its strong competitive advantage. Based on our findings, investors interested in this type of company could be those looking for a reliable dividend, potential long-term capital gain, or a combination of both. Furthermore, the company has an intermediate health score of 6/10 when considering its cashflows and debt, which suggests that it is likely able to pay off debt and fund future operations. More…
Peers
It is headquartered in Louisville, Kentucky, United States. The company was founded in 1875 by Col. Meriwether Lewis Clark Jr. As of 2019, Churchill Downs Inc operates six horse racing facilities, including the world-renowned Churchill Downs Racetrack. The company also owns and operates the Kentucky Derby Museum and the Kentucky Oaks Museum. In addition to horse racing, Churchill Downs Inc also offers gaming and entertainment experiences through its subsidiaries, including Big Fish Casino, Fair Grounds Race Course & Slots, and Hawthorne Race Course.
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Summary
Churchill Downs Incorporated (CDI) has recently opened a new casino, Derby City Gaming Downtown, in Louisville, Kentucky. This could be a great opportunity for investors, as the new casino is expected to bring in additional revenue and increased profits for CDI.
Additionally, the casino could draw more attention to CDI and potentially attract other customers who may not have been familiar with the company prior. The company also has plans for expansion, with plans to open additional casinos in other cities across the country. All of these factors make CDI an attractive investment option that could provide investors with a favorable return on their investment.
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