Churchill Downs has posted a 25.8 percent year-on-year increase in its revenue for the second quarter of 2019.
Churchill Downs racetrack grossed $161m in revenue for three months to 30 June. Last year for the same period the racetrack could generate only $154.9m.
The new Derby City Gaming facility, which started operations in September 2018 also chipped in $21.2 m to total revenue. As such, Churchill Downs racetrack site overall revenue jumped to $182.2m.
The newly acquired casinos, Ocean Downs in Berlin, Maryland; Presque Isle in Erie, Pennsylvania and Lady Luck Nemacolin in Farmington, Pennsylvania, fetched $21.9m, $37.1m and $8.3m respectively.
Presque Isle was the highest-grossing Casino of all Churchill Downs properties.
Recently, Churchill Downs Inc., which manages the Lady Luck Casino Nemacolin, paid $1 million to the Pennsylvania Gaming Control Board to revoke the $10 access fee which gamblers had to pay every time they visited the gambling facility.
Churchill Down’s Lady Luck Casino features 600 slot machines and 27 table games.