CHDN - チャ―チヒル・ダウンズ （Churchill Downs Incorporated）

The 2023 Kentucky Derby saw Mage upset the field and win the 149th running of the prestigious horse race. Let''s take a look at the betting odds and how much Mage paid out for bettors, as well as the unique ownership structure of Mage that now has shareholders cashing in. What Happened: The 2023 Kentucky Derby had several horses scratched ahead of the race, including the favorite Forte. With 19 horses in the field and wide-open betting, Mage won the race at 15-to-1 odds. Mage was seen with odds of 18-to-1 the day before the Kentucky Derby with Forte still listed as the favorite. The Kentucky Derby winning horse only raced three times prior to the prestigious horse racing event, winning an event in January, finishing fourth in a March race and finished second to Forte in the Florida Derby in April. Bettors who backed Mage saw big payouts. Mage paid $32.42 for a win, $14.58 for place and $9.08 for show for bettors who placed $2 bets on a first, second, or third place finish, respectively.

Churchill Downs Incorporated (CHDN) announced attendance of 150,335 Derby fans at Churchill Downs Racetrack for the running of the Kentucky Derby. Read more.

LOUISVILLE, Ky. — Two more horses died in races at Churchill Downs on Saturday — making it seven in all in recent days — and early Kentucky Derby favorite Forte was scratched with an injury in another series of blows to a sport already reeling from doping suspensions and breakdowns. Chloe’s Dream, a 3-year-old gelding, […]

The venue for the world’s most famous race has been branded ‘a killing field’ after seven horses died in 10 days.

LOUISVILLE, Ky., May 05, 2023 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced today a new full Kentucky Oaks race card handle record at Churchill Downs Racetrack (“Churchill Downs”) as Pretty Mischievous captured the Lilies in the 149th running of America’s premier race for 3-year-old fillies in a field of 14 and fast […] The post 149th Kentucky Oaks Race Card Sets Record Handle as Pretty appeared first on Businessfortnight .

A recent MarketWatch article discussed a simple portfolio from Leuthold & Co. Chief Investment Officer Doug Ramsey that delivered for investors over the past 50 years. The All Asset No Authority (AANA) portfolio provided investors with returns that were on par with the S&P 500 , but with significantly less risk, by investing equal amounts in seven different asset classes: U.S. large-cap stocks, U.S. small-cap stocks, U.S. 10-year Treasury notes, U.S. real estate investment trusts, international stocks, commodities and gold. Using the seven ETFs to buy below, you can make your own AANA portfolio. Ramsey would invest approximately 14.3% of the cash in each of the seven asset classes. Then, once a year, he would rebalance the holdings to their original 14.3% weighting. “One of his remarkable findings about these seven asset classes is that in any given year, your best single investment was likely to be the one that had done second best the year before. In other words, last year’s silver medalist was likely to be this year’s gold medalist,” wrote MarketWatch’s Brett Arends.

Churchill Downs is set to potentially generate index-beating returns over a five-year period. Here''s what investors in CHDN stock need to know.

Churchill Downs (CHDN) stock raced higher on Tuesday as JMP Securities offered a bullish initiation on the name.

LOUISVILLE, Ky., Jan. 13, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release fourth quarter and full year 2022 financial results after the market closes on Wednesday, February 22, 2023, and host a related conference call to discuss the quarter on Thursday, February 23, 2023, at 9 a.m. ET.

LOUISVILLE, Ky., Jan. 09, 2023 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) announced today that Presque Isle Downs & Casino (“Presque Isle”), the Company’s wholly-owned subsidiary, has entered into a multi-year agreement with a wholly-owned U.S. subsidiary of bet365 Group Ltd (“bet365") for online sports betting and iGaming market access in Pennsylvania, subject to necessary regulatory approvals.

Higher interest rates should have hurt Churchill Downs'' premium valuation and high leverage, offset by resilient operating performance. Read more on CHDN here.

Churchill Downs (CHDN) on Monday said it would buy Exacta Systems, a technology solutions provider for horse racing operations, in a $250 million cash deal.For tax purposes, the…

Wells Fargo stayed bullish on Churchill Downs (CHDN) as it looked at the setup for the next two years. Read more.

Shares of Gambling stocks DraftKings (NASDAQ:DKNG) and Churchill Downs (NASDAQ:CHDN) were slightly higher in today''s trading session after striking a deal that will add pari-mutuel wagering on horse racing to DraftKings. DraftKings will release its DK HORSE app in the following months ahead of the Kentucky Derby in May of 2023 and will be available in 21 states. Overall, Wall Street analysts have consensus price targets of $20.60 and $271.67 on DKNG and CHDN stocks, respectively. This implies 40.33% upside potential for the former and 22.47% upside for the latter, as indicated by the graphic above.

DraftKings and Churchill Downs strike horse race betting pact. Read more.