Churchill Downs Incorporated is a racing, online wagering, and gaming entertainment company. It operates through key segments including Live and Historical Racing, which encompasses live and historical pari-mutuel racing at venues like Churchill Downs Racetrack and historical racing machine facilities; Wagering Services and Solutions, featuring the TwinSpires online platform for horse racing, sports betting, and iGaming, along with advanced deposit wagering and pari-mutuel systems; and Gaming, which manages regional casino properties with slot machines, video lottery terminals, video poker, table games, hotels, food and beverage services, and associated racetracks. The company oversees approximately 30 industry-leading regional casinos and HRM/racing properties across 14 states, offering simulcast betting, on-track wagering, admissions, event broadcasting, and hospitality amenities. Founded in 1875 and headquartered in Louisville, Kentucky, Churchill Downs Incorporated plays a central role in the horse racing tracks, racing and individual sports, and broader gambling sectors.