Churchill Downs reports record quarterly revenue of $980 million

Churchill Downs reported revenue of a record $980 million for the second quarter, a year-over-year increase of $46 million, or 5%.

Net income was $241 million, an increase of $24 million, or 11% year-over-year. The Adjusted EBITDA of $477 million also set a quarterly record, up $26 million or 6%.

Churchill Downs Racetrack hosted the 152nd Kentucky Derby on May 2 with an all-time record Derby Week contribution to Adjusted EBITDA…

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