Churchill Downs Sets $487M Derby Week Handle Record, Forecasts Up to $18M EBITDA Growth
Churchill Downs reported a new record $487 million all-sources handle for Derby Week, a 3% increase over last year, with TwinSpires wagering up 6% to $129 million. The company forecasts $15–18 million in Adjusted EBITDA growth for its racetrack segment compared to prior year.
1. Record Wagering and Handle
Churchill Downs set an all-sources handle record of $487 million for Derby Week, marking a 3% increase over the prior year’s record.
2. TwinSpires Betting Performance
TwinSpires, the company’s official betting partner, handled $129 million in wagers during Derby Week, up 6% year-over-year, including $89 million on Derby Day.
3. Adjusted EBITDA Growth Forecast
The company expects $15–18 million of Adjusted EBITDA growth for its Churchill Downs Racetrack segment compared to the prior year.
4. Historic Derby Milestones
Golden Tempo’s victory in the 152nd Kentucky Derby made Cherie DeVaux the first female trainer to win the race and brought the horse’s lifetime earnings above $3.4 million.