Churchill Downs reports record Q2 revenue $980M, net income $241M, Derby Week record

Churchill Downs Inc

All-time record net revenue $980M (+5% YoY), net income $241M (+11%), diluted EPS $3.42.
Record Adjusted EBITDA $477M (+6%); Derby Week contribution record with all-sources wagering record.
Live and Historical Racing segment revenue $575M (+$34M), Adjusted EBITDA $318M (+$21M) driven by Derby Week.
Wagering Services revenue $178M (+$10M), Adjusted EBITDA $52M (+$4M) on record Derby wagering.
Gaming revenue $270M (+$4M), Adjusted EBITDA $133M (+$6M) from strong performance at Rivers Des Plaines and Miami Valley.

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