Posting record net revenues of US US$270.8m in its results for Q2 2012, US racing and gaming operator Churchill Downs (CDI) said it hopes later this year to launch into real-money gaming.
Revenues from CDI’s existing online wagering company Twinspires.com increased by 13 per cent to $52.7m, overtaking its land-based gaming revenues in the second quarter of this year. The increase was driven primarily by new customer growth and an increase in average daily wagering.
"We continue to build our portfolio of growth opportunities,” said CDI chairman and CEO Robert Evans. “Later this year we hope to launch the real-money gaming site Luckity.com. And we continue to aggressively evaluate various ventures and potential acquisitions."
