Churchill Downs (CHDN) Expands With New Resort in Indiana

Churchill Downs tends to focus on strategic project capital investments as its main growth initiative, which is incorporated in the form of building new property or revamping the already existing properties. Capital investments primarily reflect organic growth accompanied by the expansion and diversification of product offerings. During the first quarter of 2024, CDI completed the new Paddock project, which is the most significant construction development ever at Churchill Downs Racetrack, for an investment ...