Kentucky Derby, Churchill Downs Inc. has announced a pause of its proposed $1 billion project. Here's what we know.

Churchill Downs Incorporated oversees 29 casinos and historical racing machine properties in 14 states. The man at the helm has held that position for more than ten years.

Just before the Kentucky Derby, Churchill Downs in Louisville is pausing a massive renovation project. Back in February, the track announced a $920 million expansion plan that would add new seats and "enhance the fan experience.