{"id":97,"date":"2024-06-14T05:16:01","date_gmt":"2024-06-14T02:16:01","guid":{"rendered":"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/"},"modified":"2024-06-17T13:26:25","modified_gmt":"2024-06-17T10:26:25","slug":"churchill-downs-inc-reports-stellar-first-quarter-2023-earnings","status":"publish","type":"post","link":"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/","title":{"rendered":"Churchill Downs Inc. Reports Stellar First Quarter 2023 Earnings"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/lqsHCwkO5EA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Churchill Downs Inc. experienced an exceptional first quarter in 2023, posting a net profit of $155.7 million, a substantial rise from the $42.1 million earned in the corresponding period of 2022. This remarkable outcome was propelled by robust expansion in their live and historical racing divisions, which witnessed a noteworthy 194% surge in adjusted EBITDA, hitting $82.1 million.<\/p>\n<p>In aggregate, the corporation&#8217;s overall net revenue for the initial quarter reached $559.5 million, a considerable uptick from the $364.1 million generated in the first quarter of 2022.  Their adjusted EBITDA also observed a significant leap, reaching $222.9 million, signifying a 73% year-on-year growth.<\/p>\n<p>This robust commencement to 2023 trails a record-setting year for Churchill Downs Inc.  During 2022, the enterprise attained its highest-ever yearly revenue, reaching an impressive $1.8 billion.  Their net income for 2022 also established a new benchmark, hitting $439.4 million, a 76% increase from the preceding year. This accomplishment was fueled by a record-breaking adjusted EBITDA of $763.6 million, a 22% rise compared to the prior year.<\/p>\n<p>Given such a positive start to 2023, Churchill Downs Inc. is well-situated for sustained prosperity throughout the year. <\/p>\n<p>The iconic Churchill Downs had a bustling 2022, securing numerous firms to broaden their already substantial holdings.  They obtained the entirety of Peninsula Pacific Entertainment, incorporated Chasers Poker Room situated in Salem, New Hampshire, and procured Ellis Park Racing &#038; Gaming.  These strategic actions were undoubtedly a triumphant maneuver, culminating in unprecedented financial gains for the enterprise. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Churchill Downs Inc. experienced an exceptional first quarter in 2023, posting a net profit of $155.7 million, a substantial rise from the $42.1 million earned in the corresponding period of 2022. This remarkable outcome was propelled by robust expansion in their live and historical racing divisions, which witnessed a noteworthy 194% surge in adjusted EBITDA, [&hellip;]<\/p>\n","protected":false},"author":101,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Churchill Downs Inc. Reports Record Q1 2023 Earnings<\/title>\n<meta name=\"description\" content=\"Churchill Downs Inc. celebrates a phenomenal first quarter with soaring net profits, fueled by impressive growth in live and historical racing. Discover the driving forces behind their success!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Churchill Downs Inc. Reports Stellar First Quarter 2023 Earnings\" \/>\n<meta property=\"og:description\" content=\"Churchill Downs Inc. celebrates a phenomenal first quarter with soaring net profits, fueled by impressive growth in live and historical racing. Discover the driving forces behind their success!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Thrill of Victory at Our Licensed Online Casino\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-14T02:16:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:26:25+00:00\" \/>\n<meta name=\"author\" content=\"Finn &quot;Falcon&quot; McCann\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Finn &quot;Falcon&quot; McCann\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/\",\"url\":\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/\",\"name\":\"Churchill Downs Inc. Reports Record Q1 2023 Earnings\",\"isPartOf\":{\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-14T02:16:01+00:00\",\"dateModified\":\"2024-06-17T10:26:25+00:00\",\"author\":{\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/#\/schema\/person\/05334597e922d19a99314512ecbd05f2\"},\"description\":\"Churchill Downs Inc. celebrates a phenomenal first quarter with soaring net profits, fueled by impressive growth in live and historical racing. Discover the driving forces behind their success!\",\"breadcrumb\":{\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/reddognodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Churchill Downs Inc. Reports Stellar First Quarter 2023 Earnings\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/reddognodepositbonuscodes.icu\/\",\"name\":\"Experience the Thrill of Victory at Our Licensed Online Casino\",\"description\":\"Immerse yourself in the excitement of licensed online gambling through our fresh news, in-depth game reviews, and informative insights. Stay ahead of the curve and maximize your experience.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/reddognodepositbonuscodes.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/#\/schema\/person\/05334597e922d19a99314512ecbd05f2\",\"name\":\"Finn \\\"Falcon\\\" McCann\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/reddognodepositbonuscodes.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/reddognodepositbonuscodes.icu\/wp-content\/uploads\/sites\/104\/2024\/06\/man-avatar-96x96.png\",\"contentUrl\":\"https:\/\/reddognodepositbonuscodes.icu\/wp-content\/uploads\/sites\/104\/2024\/06\/man-avatar-96x96.png\",\"caption\":\"Finn \\\"Falcon\\\" McCann\"},\"description\":\"With a Ph.D. in Computational Social Science and a Master's in Anthropology, this accomplished writer has a deep understanding of the computational and anthropological aspects of gambling behavior and their implications for the design and regulation of gambling products and services. They have expertise in agent-based modeling, digital ethnography, and computational anthropology, which they apply to the analysis of the social and cultural dynamics of online gambling communities and the development of strategies to promote responsible and culturally appropriate gambling practices in the digital age. Their articles and news pieces provide readers with a computational and anthropological perspective on the casino industry and the strategies used to create engaging and meaningful gambling experiences for diverse cultural groups.\",\"url\":\"https:\/\/reddognodepositbonuscodes.icu\/author\/cbdgjhy8647561324\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Churchill Downs Inc. Reports Record Q1 2023 Earnings","description":"Churchill Downs Inc. celebrates a phenomenal first quarter with soaring net profits, fueled by impressive growth in live and historical racing. Discover the driving forces behind their success!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/","og_locale":"en_GB","og_type":"article","og_title":"Churchill Downs Inc. Reports Stellar First Quarter 2023 Earnings","og_description":"Churchill Downs Inc. celebrates a phenomenal first quarter with soaring net profits, fueled by impressive growth in live and historical racing. Discover the driving forces behind their success!","og_url":"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/","og_site_name":"Experience the Thrill of Victory at Our Licensed Online Casino","article_published_time":"2024-06-14T02:16:01+00:00","article_modified_time":"2024-06-17T10:26:25+00:00","author":"Finn \"Falcon\" McCann","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Finn \"Falcon\" McCann","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/","url":"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/","name":"Churchill Downs Inc. Reports Record Q1 2023 Earnings","isPartOf":{"@id":"https:\/\/reddognodepositbonuscodes.icu\/#website"},"datePublished":"2024-06-14T02:16:01+00:00","dateModified":"2024-06-17T10:26:25+00:00","author":{"@id":"https:\/\/reddognodepositbonuscodes.icu\/#\/schema\/person\/05334597e922d19a99314512ecbd05f2"},"description":"Churchill Downs Inc. celebrates a phenomenal first quarter with soaring net profits, fueled by impressive growth in live and historical racing. Discover the driving forces behind their success!","breadcrumb":{"@id":"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/14\/churchill-downs-inc-reports-stellar-first-quarter-2023-earnings\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/reddognodepositbonuscodes.icu\/"},{"@type":"ListItem","position":2,"name":"Churchill Downs Inc. Reports Stellar First Quarter 2023 Earnings"}]},{"@type":"WebSite","@id":"https:\/\/reddognodepositbonuscodes.icu\/#website","url":"https:\/\/reddognodepositbonuscodes.icu\/","name":"Experience the Thrill of Victory at Our Licensed Online Casino","description":"Immerse yourself in the excitement of licensed online gambling through our fresh news, in-depth game reviews, and informative insights. Stay ahead of the curve and maximize your experience.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/reddognodepositbonuscodes.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/reddognodepositbonuscodes.icu\/#\/schema\/person\/05334597e922d19a99314512ecbd05f2","name":"Finn \"Falcon\" McCann","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/reddognodepositbonuscodes.icu\/#\/schema\/person\/image\/","url":"https:\/\/reddognodepositbonuscodes.icu\/wp-content\/uploads\/sites\/104\/2024\/06\/man-avatar-96x96.png","contentUrl":"https:\/\/reddognodepositbonuscodes.icu\/wp-content\/uploads\/sites\/104\/2024\/06\/man-avatar-96x96.png","caption":"Finn \"Falcon\" McCann"},"description":"With a Ph.D. in Computational Social Science and a Master's in Anthropology, this accomplished writer has a deep understanding of the computational and anthropological aspects of gambling behavior and their implications for the design and regulation of gambling products and services. They have expertise in agent-based modeling, digital ethnography, and computational anthropology, which they apply to the analysis of the social and cultural dynamics of online gambling communities and the development of strategies to promote responsible and culturally appropriate gambling practices in the digital age. Their articles and news pieces provide readers with a computational and anthropological perspective on the casino industry and the strategies used to create engaging and meaningful gambling experiences for diverse cultural groups.","url":"https:\/\/reddognodepositbonuscodes.icu\/author\/cbdgjhy8647561324\/"}]}},"_links":{"self":[{"href":"https:\/\/reddognodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/97"}],"collection":[{"href":"https:\/\/reddognodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reddognodepositbonuscodes.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reddognodepositbonuscodes.icu\/wp-json\/wp\/v2\/users\/101"}],"replies":[{"embeddable":true,"href":"https:\/\/reddognodepositbonuscodes.icu\/wp-json\/wp\/v2\/comments?post=97"}],"version-history":[{"count":1,"href":"https:\/\/reddognodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/97\/revisions"}],"predecessor-version":[{"id":116,"href":"https:\/\/reddognodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/97\/revisions\/116"}],"wp:attachment":[{"href":"https:\/\/reddognodepositbonuscodes.icu\/wp-json\/wp\/v2\/media?parent=97"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reddognodepositbonuscodes.icu\/wp-json\/wp\/v2\/categories?post=97"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reddognodepositbonuscodes.icu\/wp-json\/wp\/v2\/tags?post=97"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}