Revenue reached record $1.81bn at CDI in 2022
| By Robert Fletcher
Churchill Downs Incorporated (CDI) achieved record revenue during its 2022 financial year, driven by the acquisition of new casino properties and the removal of pandemic-related restrictions on its venues.
As was the case with all land-based operators, CDI was impacted by measures including capacity limits and temporary closures during the pandemic period, with this having run into the first half of 2021.
However, with restrictions having been eased and eventually removed towards the end of 2021, this allowed CDI to return to normal operations across its land-based venues during the past year.