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Article: Churchill Downs Incorporated Reports 2009 Q3 Results.(Financial report)
- Article from:
- Economics Week
- Article date:
- November 13, 2009
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Churchill Downs Incorporated (NASDAQ: CHDN) ("Company" or "CDI") reported results for the third quarter and nine months ended September 30, 2009.
Net revenues from continuing operations for the third quarter of 2009 totaled $100.9 million, an increase of $1.3 million, or 1 percent, over the $99.6 million recorded during the third quarter of 2008 primarily due to increased wagering through the Company's Online Business and increased Gaming revenues from the slot operations at Fair Grounds, which opened its permanent facility during November 2008. Partially offsetting these increases was a decline in pari-mutuel revenues primarily at Arlington Park and Calder Race ...