{"schema_version":"secwatch.filing_event.v1","accession":"0000020212-22-000152","form_type":"8-K","ticker":"CHDN","cik":"0000020212","company_name":"Churchill Downs Inc","filed_at":"2022-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.069626+00:00","generated_at":"2026-06-23T00:57:26.004091+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Churchill Downs Q3 revenue $383.1M, adj EBITDA record $163.2M; closes Ellis Park buy, $2.75B P2E deal pending","bullets":["Q3 net revenue $383.1M (down 2.5% YoY); net income $57.0M ($1.49 EPS) vs $61.4M ($1.57 EPS) in Q3 2021.","Record Q3 Adjusted EBITDA of $163.2M, up from $156.1M YoY; driven by Live & Historical Racing and TwinSpires segments.","Completed acquisitions of Chasers Poker Room (NH) for ~$150M total and Ellis Park (KY) for $79M cash; expects additional ~$75M investment.","Signed definitive $2.75B deal to acquire P2E assets (Colonial Downs, HRM venues, del Lago, Hard Rock Sioux City); expected close before end of 2022.","Annual dividend raised 7% to $0.714/share; repurchased 288,781 shares for $59M in Q3; $300.2M remaining."],"urls":{"canonical":"https://secwatch.observer/filing/0000020212-22-000152","json":"https://secwatch.observer/filing/0000020212-22-000152.json","markdown":"https://secwatch.observer/filing/0000020212-22-000152.md","text":"https://secwatch.observer/filing/0000020212-22-000152.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20212/000002021222000152/0000020212-22-000152-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20212/000002021222000152/chdn-20221026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T00:57:26.004091+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}