
Churchill Downs Inc
NASDAQ:CHDN

Churchill Downs Inc
Operating Expenses
Churchill Downs Inc
Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Churchill Downs Inc
NASDAQ:CHDN
|
Operating Expenses
-$252.7m
|
CAGR 3-Years
-8%
|
CAGR 5-Years
-4%
|
CAGR 10-Years
-12%
|
|
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Las Vegas Sands Corp
NYSE:LVS
|
Operating Expenses
-$1.9B
|
CAGR 3-Years
6%
|
CAGR 5-Years
6%
|
CAGR 10-Years
4%
|
|
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MGM Resorts International
NYSE:MGM
|
Operating Expenses
-$6.2B
|
CAGR 3-Years
-15%
|
CAGR 5-Years
-10%
|
CAGR 10-Years
-10%
|
|
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Wynn Resorts Ltd
NASDAQ:WYNN
|
Operating Expenses
-$1.8B
|
CAGR 3-Years
-5%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
-8%
|
|
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DraftKings Inc
NASDAQ:DKNG
|
Operating Expenses
-$2.4B
|
CAGR 3-Years
-5%
|
CAGR 5-Years
-46%
|
CAGR 10-Years
N/A
|
|
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Light & Wonder Inc
NASDAQ:LNW
|
Operating Expenses
-$1.5B
|
CAGR 3-Years
-6%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
-3%
|
Churchill Downs Inc
Glance View
Churchill Downs Incorporated, founded in 1875 and famously home to the Kentucky Derby, has cultivated its brand into an iconic player in the horse racing industry. Nestled in the heart of Louisville, Kentucky, the company's centerpiece is the Churchill Downs Racetrack, where the annual "Run for the Roses" captivates millions. However, Churchill Downs Inc. has transitioned well beyond just hosting horse races; it leverages its historic reputation to draw in spectators and bettors, both at the track and across its burgeoning digital platforms. These events not only rake in substantial revenue from admission fees, broadcasting rights, and concessions but also create a robust ecosystem for gambling, which is a significant revenue pillar. Over the years, the company has strategically diversified its portfolio, crafting a multifaceted business model. Alongside its physical racetracks, Churchill Downs Inc. has expanded into the realm of online wagering, notably with its TwinSpires platform, allowing users to place bets from the comfort of their homes on a variety of sports and racing events. Furthermore, its acquisition strategy has been keenly focused on regional casinos and gaming properties, with a growing presence across states in the U.S., underscoring a deliberate move to capture a larger share of the gaming market. This blend of tradition and innovation has enabled Churchill Downs Inc. to remain a heavyweight in the horse racing industry while tapping into broader gambling trends that continue to evolve.

See Also
What is Churchill Downs Inc's Operating Expenses?
Operating Expenses
-252.7m
USD
Based on the financial report for Dec 31, 2024, Churchill Downs Inc's Operating Expenses amounts to -252.7m USD.
What is Churchill Downs Inc's Operating Expenses growth rate?
Operating Expenses CAGR 10Y
-12%
Over the last year, the Operating Expenses growth was -16%. The average annual Operating Expenses growth rates for Churchill Downs Inc have been -8% over the past three years , -4% over the past five years , and -12% over the past ten years .