Updated September 28, 2026

Kentucky Sports Betting News

Independent reporting and analysis on Kentucky's regulated sports betting market — operator earnings, legislative updates, sportsbook launches, and race coverage.

  • Financial
Financial

Churchill Downs Posts Record $980M Q2 Revenue, Buys Back Full Ownership of United Tote

Churchill Downs Incorporated posted its strongest quarter in company history with $980M in net revenue and $477M in adjusted EBITDA, driven by a record 152nd Kentucky Derby. The company also reversed course on a 2024 deal, agreeing to buy back the 49% of United Tote it sold to NYRA and restore full ownership of its pari-mutuel technology arm.

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