Nasdaq:CHDN
Churchill Downs Incorporated Names Jason Sauer Senior Vice President of Corporate Development
LOUISVILLE, Ky., June 22, 2021 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI” or “Company”) (Nasdaq: CHDN) announced today that Jason Sauer has been named Senior Vice President of Corporate Development for the Company. In this role, Sauer will work closely with other Senior Management in the development and execution of CDI’s strategy and growth initiatives and report directly to Bill Carstanjen, Chief Executive Officer of CDI.
Sauer joined CDI in 2014 as Senior Director, Corporate Development before his promotion to Vice President, Corporate Development in 2019.
“Jason brings a keen aptitude for both traditional M&A deals as well as non-standard, complex commercial arrangements,” said Carstanjen. “During his tenure with CDI, Jason has demonstrated the knowledge and ability to identify and analyze potential growth opportunities and we are pleased to announce this well-deserved promotion.”
Prior to joining CDI, Sauer served as legal counsel for Humana in Louisville, Kentucky and as an attorney with Skadden, Arps, Slate, Meagher & Flom in New York, New York, specializing in mergers and acquisitions and other corporate transactions.
Sauer is a Lieutenant Commander of the United States Navy Reserve who serves as Executive Officer for a reserve command in Norfolk, Virginia. He recently returned to CDI following his second deployment to the Middle East.
Sauer graduated with honors from Harvard College and received his Juris Doctor from the University of Kentucky Rosenberg College of Law. He holds additional graduate degrees from the University of Kentucky and the University of Cambridge.
About Churchill Downs Incorporated
Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event, the Kentucky Derby. We own and operate three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines in Kentucky. We also own and operate TwinSpires, one of the largest and most profitable online wagering platforms for horse racing, sports and iGaming in the U.S. and we have seven retail sportsbooks. We are also a leader in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals and 200 table games. Additional information about CDI can be found online at www.churchilldownsincorporated.com.
Certain statements made in this news release contain various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions).
Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, among others, that may materially affect actual results or outcomes include the following: the impact of the novel coronavirus (COVID-19) pandemic and related economic matters on our results of operations, financial conditions and prospects; the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather; the effect of economic conditions on our consumers’ confidence and discretionary spending or our access to credit; additional or increased taxes and fees; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; loss of key or highly skilled personnel; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine manufacturing and other technology conditions that could impose additional costs; inability to negotiate agreements with industry constituents, including horsemen and other racetracks; inability to successfully expand our TwinSpires Sports and Casino business and effectively compete; inability to identify and complete expansion, acquisition or divestiture projects, on time, on budget or as planned; difficulty in integrating recent or future acquisitions into our operations; costs and uncertainties relating to the development of new venues and expansion of existing facilities; general risks related to real estate ownership and significant expenditures, including fluctuations in market values and environmental regulations; reliance on our technology services and catastrophic events and system failures disrupting our operations; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach, including customers’ personal information, could lead to government enforcement actions or other litigation; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or applicable money-laundering regulations; payment-related risks, such as risk associated with fraudulent credit card and debit card use; work stoppages and labor issues; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; and increase in our insurance costs, or obtain similar insurance coverage in the future, and inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events.
We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Investor Contact: Nick Zangari | Media Contact: Tonya Abeln |
(502) 394-1157 | (502) 386-1742 |
[email protected] | [email protected] |
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1aa4a997-9f36-4d59-a720-6afa82340864
Nasdaq:CHDN
Churchill Downs Incorporated Names Michael Lilly President of TwinSpires Horse Racing
![churchill-downs-incorporated-names-michael-lilly-president-of-twinspires-horse-racing](https://gamingnewsroom.com/wp-content/uploads/2024/06/129371-churchill-downs-incorporated-names-michael-lilly-president-of-twinspires-horse-racing.jpg)
LOUISVILLE, Ky., June 27, 2024 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI” or “the Company”) announced today that Michael Lilly has been promoted to President of TwinSpires Horse Racing, the leading provider of legal online horse betting sites and the official wagering partner of the Kentucky Derby. In this role, Lilly will be responsible for the overall strategy and operation of the TwinSpires Horse Racing business within CDI’s TwinSpires Segment.
Lilly brings over 20 years of financial experience and organizational leadership experience to the role. Lilly joined CDI in 2018 as the Senior Director of Finance at Arlington Racecourse before his promotion to Vice President of Finance of CDI’s TwinSpires Segment in 2020 and subsequent role as Vice President of Finance and Operations of the Company’s TwinSpires Segment in 2022. Prior to joining CDI, Lilly held several financial leadership roles in the Chicago area. He holds a Bachelor of Arts from Northern Illinois University and a Master of Business Administration from DePaul University.
About Churchill Downs Incorporated
Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) has been creating extraordinary entertainment experiences for over 150 years, beginning with the company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the development of live and historical racing entertainment venues, the growth of the TwinSpires horse racing online wagering business and the operation and development of regional casino gaming properties. www.churchilldownsincorporated.com/
Investor Contact: Sam Ullrich | Media Contact: Tonya Abeln | |
(502) 638-3906 | (502) 386-1742 | |
[email protected] | [email protected] |
Nasdaq:CHDN
Churchill Downs Incorporated 2024 Second Quarter Financial Results Conference Call Invitation
![churchill-downs-incorporated-2024-second-quarter financial-results-conference-call-invitation](https://gamingnewsroom.com/wp-content/uploads/2024/06/129153-churchill-downs-incorporated-2024-second-quarter-financial-results-conference-call-invitation.jpg)
LOUISVILLE, Ky., June 21, 2024 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release second quarter 2024 financial results after the market closes on Wednesday, July 24, 2024, and host a related conference call to discuss the quarter on Thursday, July 25, 2024, at 9 a.m. ET.
Investors and other interested parties may listen to the call by accessing the online, real-time webcast at http://ir.churchilldownsincorporated.com/events.cfm or by registering in advance via teleconference here. Once registration is completed, participants will be provided with a dial-in number containing a personalized conference code to access the call. All participants are encouraged to dial-in 15 minutes prior to the start time. An online replay of the call will be available at http://ir.churchilldownsincorporated.com/events.cfm by noon ET on Thursday, July 25, 2024.
A copy of CDI’s news release announcing quarterly results and relevant financial and statistical information about the period will be accessible at http://www.churchilldownsincorporated.com.
About Churchill Downs Incorporated
Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) has been creating extraordinary entertainment experiences for over 150 years, beginning with the company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the development of live and historical racing entertainment venues, the growth of the TwinSpires horse racing online wagering business and the operation and development of regional casino gaming properties. www.churchilldownsincorporated.com/
Investor Contact: Sam Ullrich
(502) 638-3906
[email protected]
Nasdaq:CHDN
Churchill Downs Incorporated Names Sam Ullrich Vice President of Investor Relations
![churchill-downs-incorporated-names-sam-ullrich-vice-president-of-investor-relations](https://gamingnewsroom.com/wp-content/uploads/2024/05/128130-churchill-downs-incorporated-names-sam-ullrich-vice-president-of-investor-relations.jpg)
LOUISVILLE, Ky., May 29, 2024 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (Nasdaq: CHDN) (the “Company,” “CDI”) announced today that Sam Ullrich has been named Vice President of Investor Relations for the Company. In this role, Ullrich will be responsible for all aspects of investor relations and work closely with current and prospective shareholders and analysts. He will report to Marcia Dall, Executive Vice President and Chief Financial Officer for CDI.
Ullrich brings 15 years of financial experience with publicly traded companies to the role. Prior to joining CDI, Ullrich was the Director, Commercial and Financial Planning, for Kentucky Fried Chicken Corporation (“KFC”), a YUM! Brands Inc. (“YUM”) subsidiary. He began his career at PricewaterhouseCoopers LLP (“PwC”) in the Assurance practice for several years based in Louisville, Kentucky. Ullrich held numerous finance and accounting positions at both KFC and YUM until being promoted to KFC U.S. Interim Chief Financial Officer in October 2022 where he was responsible for a $5 billion brand with approximately 4,000 restaurants across the country. He graduated Summa Cum Laude from the University of Kentucky with a Bachelor of Science Degree in Accounting and Business Administration in Finance. He is also a Certified Public Accountant in the State of Kentucky.
About Churchill Downs Incorporated
Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) has been creating extraordinary entertainment experiences for over 150 years, beginning with the company’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the development of live and historical racing entertainment venues, the growth of the TwinSpires horse racing online wagering business and the operation and development of regional casino gaming properties. www.churchilldownsincorporated.com
Investor Contact: Sam Ullrich | Media Contact: Tonya Abeln | |
(502) 638-3906 | (502) 386-1742 | |
[email protected] | [email protected] |
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