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Churchill Downs Incorporated

Churchill Downs to Renovate Jockey Club Suites

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Churchill Downs Incorporated has announced a renovation project that will update and refresh the Jockey Club Suites at Churchill Downs Racetrack. The $14 million renovation will modernize what is considered one of the original luxury and full-service hospitality experiences at the legendary Racetrack. The project is scheduled to be completed in advance of the 150th Kentucky Derby in May 2024.

The renovation plans will enhance all aspects of the 61 suites, common spaces, dining rooms and restrooms located on the fourth, fifth and sixth floors in a tower directly adjacent to the historic Twin Spires along the homestretch at Churchill Downs. Originally constructed in 2004, the Jockey Club Suites seat approximately 2500 guests which, in addition to private suites, includes the Triple Crown Ballroom, Grand Foyer, Derby and Oaks meeting rooms and the new Triple Crown Balcony and also serves as a premium rentable space for special events throughout the year.

“The Jockey Club Suites are a core premium hospitality product. This renovation project will ensure existing and future suite holders are provided the entertainment experience Churchill Downs is known for and our guests have come to expect for Kentucky Derby Week and all other racing events,” Mike Anderson, President of Churchill Downs, said.

CDI

CDI Names Michael Lilly President of TwinSpires Horse Racing

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Churchill Downs Incorporated (CDI) has announced that Michael Lilly has been promoted to President of TwinSpires Horse Racing, the leading provider of legal online horse betting sites and the official wagering partner of the Kentucky Derby. In this role, Lilly will be responsible for the overall strategy and operation of the TwinSpires Horse Racing business within CDI’s TwinSpires Segment.

Lilly brings over 20 years of financial experience and organizational leadership experience to the role. Lilly joined CDI in 2018 as the Senior Director of Finance at Arlington Racecourse before his promotion to Vice President of Finance of CDI’s TwinSpires Segment in 2020 and subsequent role as Vice President of Finance and Operations of the Company’s TwinSpires Segment in 2022. Prior to joining CDI, Lilly held several financial leadership roles in the Chicago area. He holds a Bachelor of Arts from Northern Illinois University and a Master of Business Administration from DePaul University.

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Churchill Downs Incorporated

CDI Announces Senior Leadership Promotions in Gaming Operations

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Churchill Downs Incorporated announced internal senior leadership promotions in the Company’s corporate gaming operations division. Mike Rich has been named Vice President of Gaming Operations where he will provide day-to-day oversight for a segment of CDI’s gaming properties. Colin Spewak has been promoted to Vice President of Marketing for Gaming Operations where he will oversee the planning, organization, and direction of marketing strategy for CDI’s gaming segment.

Rich brings 22 years of gaming experience most recently serving as Vice President for CDI and General Manager of the Company’s Terre Haute Casino Resort in Terre Haute, Indiana, where he managed the successful opening of the $290 million casino resort. Prior to joining CDI, Rich held several operational management roles with Caesars Entertainment and Harrah’s in multiple jurisdictions. Rich holds a Bachelor of Science in Accounting from Indiana University and a Master of Business Administration from The Ohio State University.

Spewak brings nearly 13 years of experience in the gaming industry, most recently serving as Sr. Director of Marketing Operations for CDI where he oversaw database marketing, email and direct mail strategies across the Company’s portfolio of casino and HRM properties. Prior to joining CDI in 2021, he held various marketing and operations roles with Caesars Entertainment. Spewak holds a Bachelor of Science in Business Administration, Marketing and a Master of Business Administration from the University of Missouri.

Both Rich and Spewak will report directly to CDI’s Executive Vice President for Gaming Operations, Maureen Adams. CDI will move quickly to fill the role of General Manager of Terre Haute Casino Resort.

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Bill Carstanjen

NBC Sports and Churchill Downs Extend Historic Partnership

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NBC Sports will continue to present the Kentucky Derby on NBC and Peacock through 2032, as Churchill Downs Incorporated (CDI) and NBC Sports announced a multi-year extension of their partnership.

The extension of the NBC Sports-Churchill Downs relationship – which began with the 2001 “Run for the Roses” – will make NBC the longest running home of the Kentucky Derby, as NBCUniversal will become the first media company to present the most prestigious event in horse racing for three decades (32 editions of the Kentucky Derby from 2001-32).

“As we celebrate the 150th running of the Kentucky Derby, Churchill Downs is proud to extend the relationship with NBC Sports. As our media partner for the last 23 years, NBC has artfully captured the most exciting two minutes in sports and the spectacle of the senses that surrounds it,” said Churchill Downs CEO Bill Carstanjen.

“Telling the rich stories surrounding the Kentucky Derby on the first Saturday in May is part of the fabric of NBC Sports, and we are thrilled to continue that tradition with Churchill Downs. We look forward to surrounding the Kentucky Oaks and Kentucky Derby with wall-to-wall coverage and extensive promotion on the platforms of NBCUniversal,” said Rick Cordella, President of NBC Sports.

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The extension includes multiplatform rights to the Kentucky Derby, Kentucky Oaks, and Derby and Oaks Day programming, which will be presented on NBC, Peacock, USA Network, and additional NBCU platforms.

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