Tag: 2013
Churchill Downs enjoys record results in 2013
February 28, 2014
iGaming Business – US racetrack and casino owner Churchill Downs said that despite achieving record levels of revenue and adjusted EBITDA during the 12 months through to December 31, 2013, it had planned to do “even better”. The firm posted full-year revenue of $779.3 million (€564.8 million), a record amount that was 7% higher than the $731.3 million achieved previous year. Adjusted EBITDA also grew by 11% from $158.3 million in 2012 to a record $176.2 million in the past 12 months. The successful full-year figures were boosted by Churchill Downs’s performance in the three months through to December 31,…