LOUISVILLE, Ky., June 19, 2023 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) introduced that the Company has secured a web site in japanese Daviess County, exterior of the Owensboro metropolis limits, to construct its beforehand introduced historic racing machine (“HRM”) leisure venue as an annex of Ellis Park Racing & Gaming (“Ellis Park”). This new facility will help purse funding for Ellis Park race meets. The Company will present up to date improvement and funding plans, in addition to the placement of the property, within the coming months.

About Churchill Downs Incorporated

Churchill Downs Incorporated (“CDI”, NASDAQ: CHDN) has been creating extraordinary leisure experiences for practically 150 years, starting with the corporate’s most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded by means of the event of reside and historic racing leisure venues, the expansion of the TwinSpires horse racing on-line wagering enterprise and the operation and improvement of regional on line casino gaming properties. www.churchilldownsincorporated.com.

This information launch incorporates varied “forward-looking statements” inside the that means of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are sometimes recognized by means of phrases comparable to “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and related phrases or related expressions (or detrimental variations of such phrases or expressions).

Although we consider that the expectations mirrored in such forward-looking statements are affordable, we can provide no assurance that such expectations will show to be right. Important elements, amongst others, which will materially have an effect on precise outcomes or outcomes embrace the next: the incidence of extraordinary occasions, comparable to terrorist assaults, public well being threats, civil unrest, and inclement climate, together with on account of local weather change; the impact of financial circumstances on our shoppers’ confidence and discretionary spending or our entry to credit score, together with the affect of inflation; further or elevated taxes and charges; the affect of the novel coronavirus (COVID-19) pandemic, together with the emergence of variant strains, and associated financial issues on our outcomes of operations, monetary circumstances and prospects; insecurity within the integrity of our core companies or any deterioration in our fame; lack of key or extremely expert personnel, in addition to disruptions within the basic labor market; the affect of great competitors, and the expectation the competitors ranges will improve; adjustments in shopper preferences, attendance, wagering, and sponsorships; dangers related to fairness investments, strategic alliances and different third-party agreements; lack of ability to reply to fast technological adjustments in a well timed method; focus and evolution of slot machine and historic racing machine (HRM) manufacturing or different know-how circumstances that might impose further prices; failure to enter into or keep agreements with trade constituents, together with horsemen and different racetracks; lack of ability to efficiently give attention to market entry and retail operations for our TwinSpires Sports and Casino enterprise and successfully compete; on-line safety threat, together with cyber-security breaches, or loss or misuse of our saved data on account of a breach; reliance on our know-how providers and catastrophic occasions and system failures disrupting our operations; lack of ability to establish and / or full, or totally understand the advantages of acquisitions, divestitures, improvement of latest venues or the enlargement of present services on time, on finances, or as deliberate; problem in integrating latest or future acquisitions into our operations; value overruns and different uncertainties related to the event of latest venues and the enlargement of present services; basic dangers associated to actual property possession and important expenditures, together with dangers associated to environmental liabilities; private harm litigation associated to accidents occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or different related legal guidelines and rules, or relevant anti-money laundering rules; payment-related dangers, comparable to threat related to fraudulent bank card or debit card use; work stoppages and labor issues; dangers associated to pending or future authorized proceedings and different actions; extremely regulated operations and adjustments within the regulatory setting might adversely have an effect on our enterprise; restrictions in our debt services limiting our flexibility to function our enterprise; failure to adjust to the monetary ratios and different covenants in our debt services and different indebtedness; will increase to rates of interest (as a consequence of inflation or in any other case), disruption within the credit score markets or adjustments to our credit score scores could adversely have an effect on our enterprise; improve in our insurance coverage prices, or lack of ability to acquire related insurance coverage protection sooner or later, and any lack of ability to get better below our insurance coverage insurance policies for damages sustained at our properties within the occasion of inclement climate and casualty occasions; and different elements described below the heading “Risk Factors” in our most up-to-date Annual Report on Form 10-Okay and different filings we make with the Securities and Exchange Commission.

We don’t undertake any obligation to replace or revise any forward-looking statements, whether or not on account of new data, future occasions or in any other case, besides as required by legislation.