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Churchill Downs Incorporated

CDI Announces Senior Leadership Promotions in Gaming Operations

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Churchill Downs Incorporated announced internal senior leadership promotions in the Company’s corporate gaming operations division. Mike Rich has been named Vice President of Gaming Operations where he will provide day-to-day oversight for a segment of CDI’s gaming properties. Colin Spewak has been promoted to Vice President of Marketing for Gaming Operations where he will oversee the planning, organization, and direction of marketing strategy for CDI’s gaming segment.

Rich brings 22 years of gaming experience most recently serving as Vice President for CDI and General Manager of the Company’s Terre Haute Casino Resort in Terre Haute, Indiana, where he managed the successful opening of the $290 million casino resort. Prior to joining CDI, Rich held several operational management roles with Caesars Entertainment and Harrah’s in multiple jurisdictions. Rich holds a Bachelor of Science in Accounting from Indiana University and a Master of Business Administration from The Ohio State University.

Spewak brings nearly 13 years of experience in the gaming industry, most recently serving as Sr. Director of Marketing Operations for CDI where he oversaw database marketing, email and direct mail strategies across the Company’s portfolio of casino and HRM properties. Prior to joining CDI in 2021, he held various marketing and operations roles with Caesars Entertainment. Spewak holds a Bachelor of Science in Business Administration, Marketing and a Master of Business Administration from the University of Missouri.

Both Rich and Spewak will report directly to CDI’s Executive Vice President for Gaming Operations, Maureen Adams. CDI will move quickly to fill the role of General Manager of Terre Haute Casino Resort.

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Bill Carstanjen

NBC Sports and Churchill Downs Extend Historic Partnership

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NBC Sports will continue to present the Kentucky Derby on NBC and Peacock through 2032, as Churchill Downs Incorporated (CDI) and NBC Sports announced a multi-year extension of their partnership.

The extension of the NBC Sports-Churchill Downs relationship – which began with the 2001 “Run for the Roses” – will make NBC the longest running home of the Kentucky Derby, as NBCUniversal will become the first media company to present the most prestigious event in horse racing for three decades (32 editions of the Kentucky Derby from 2001-32).

“As we celebrate the 150th running of the Kentucky Derby, Churchill Downs is proud to extend the relationship with NBC Sports. As our media partner for the last 23 years, NBC has artfully captured the most exciting two minutes in sports and the spectacle of the senses that surrounds it,” said Churchill Downs CEO Bill Carstanjen.

“Telling the rich stories surrounding the Kentucky Derby on the first Saturday in May is part of the fabric of NBC Sports, and we are thrilled to continue that tradition with Churchill Downs. We look forward to surrounding the Kentucky Oaks and Kentucky Derby with wall-to-wall coverage and extensive promotion on the platforms of NBCUniversal,” said Rick Cordella, President of NBC Sports.

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The extension includes multiplatform rights to the Kentucky Derby, Kentucky Oaks, and Derby and Oaks Day programming, which will be presented on NBC, Peacock, USA Network, and additional NBCU platforms.

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Bill Carstanjen

CDI Opens Terre Haute Casino Resort in Terre Haute, Indiana

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Churchill Downs Incorporated (CDI) announced the opening of Terre Haute Casino Resort in Terre Haute, Indiana. The $290 million investment includes a casino floor with 1000 slot machines, 36 table games, and a state-of-the-art sportsbook. The 400,000-square-foot entertainment venue also features regionally inspired bars and restaurants including: Four Cornered Steakhouse, Rockwood Bar & Grill, The Soda Shoppe, Crossroads Center Bar, and High Limit Bar.

“Today’s grand opening of Terre Haute Casino Resort is a time to reflect on the promises Churchill Downs made, kept and delivered for this community. An occasion like today feels like the end of all the effort to successfully get us to this point, but it’s actually just the beginning of what this project can do for Vigo County and the State of Indiana,” Bill Carstanjen, CEO of CDI, said.

“This premier gaming facility will make it possible to welcome visitors from across the Midwest, the nation and the world here to Terre Haute. The opportunity this creates for the people of our community is a true testament to the leaders who have worked on this project for years,” said Mayor of Terre Haute, Brandon Sakbun.

Terre Haute Casino Resort marks the Company’s first entertainment venue in Indiana and CDI’s expansion into its 14th state. The Company is scheduled to officially open the property’s remaining amenities, which include a 122-room luxury hotel, rooftop lounge, and coffee shop, to the public on Wednesday, May 15, 2024.

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The development of Terre Haute Casino Resort generated nearly 1000 construction jobs and approximately 550 permanent full-time and part-time jobs. CDI officially broke ground on the entertainment venue in June 2022 with construction management partner, Wilhelm Construction.

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Bill Mudd

Churchill Downs Incorporated Announces Exacta Expansion in New Hampshire

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Churchill Downs Incorporated announced that Exacta Systems has completed the installation of 175 Exacta-technology driven terminals at The Brook in Seabrook, New Hampshire. Exacta, acquired by CDI in August 2023, is a leading provider of central determinate system technology for historical racing machines (HRMs). The Brook is a casino entertainment destination located in the easternmost part of the state next to the Massachusetts border. The new Exacta-powered terminals feature top HRM gaming titles from leading manufacturers including Everi, AGS, Light & Wonder, IGT, and Incredible Technologies.

“We are pleased to partner with The Brook to expand Exacta’s industry leading HRM technology in New Hampshire. Our Exacta team is focused on growing our customers businesses by delivering the highest performing and most diverse gaming content available in the market,” Bill Mudd, President and Chief Operating Officer of CDI, said.

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