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Citing tariffs, trade disputes, Churchill Downs to halt nearly $1 billion project
The decision to delay comes just days after two Louisville Metro Council members filed legislation to finance the Skye Terrace rebuild and permanent infield seating through industrial revenue bonds. The measure is designed to helped Churchill Downs to receive up to $1.2 billion in bond proceeds to finance the now-paused project.
Churchill Downs Tumbles as Tariff Angst Delays Derby Projects
Shares of Churchill Downs Inc. were pummeled Thursday after the gambling company said it would delay some longer-term projects at its namesake racetrack due to uncertainty around tariffs and their potential impact on construction costs.
The racetrack had announced plans for its ‘largest expansion’ ever, with more than $1 billion in upgrades, but officials said ...
Shares of Churchill Downs fell after the company reported lower profit and paused three capital projects because of uncertain construction costs amid current trade and economic conditions. The stock ...
Louisville aims to extend property tax breaks for Churchill Downs another 30 years, and reallocate racetrack money from JPCS ...
Churchill Downs (NASDAQ:CHDN) reported revenue increased 8.7% year-over-year to $642.6 million for the quarter that ended on ...
Kroger’s Fest-a-Ville on the Waterfront is returning for its 19th year with the ultimate entertainment experience for guests.
Kentucky Derby 2025 contender Burnham Square is trained by Ian Wilkes. Horse is 3-1-1 in six starts. Jockey Brian Hernandez ...
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Churchill Downs Racetrack ("Churchill Downs") announced today an exciting slate of partners and on-site brand experiences for ...
Upper-tier seats are still selling fine and, in fact, Churchill plans to move forward with two projects that will cater to deep-pocketed bettors and racing fans, including a renovation of The Mansion, ...
Opening Night on Saturday will include the draws for the Kentucky Derby and Kentucky Oaks Oaks Day and Derby Day will include ...
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