Tag Archives: big fish games
- Churchill Downs profit rises despite social casino decline
May 1, 2017
Churchill Downs Incorporated’s mainstay social gaming division posted larger profits but continued revenue declines that has analysts wondering if the division could be up for sale. CDI recently released its Q1 earnings report, which showed revenue falling 3% to $279.5m, while adjusted earnings shot up more than one-fifth to $57.3m...
- Churchill Downs hits revenue record despite social casino slump
October 28, 2016
Churchill Downs Inc. posted record revenue in Q3 despite decreased activity in its social casino division. Figures released Thursday show CDI revenue topping $303.4m in the three months ending September 30, an 8% year-on-year gain and a new CDI record. Adjusted earnings fell 7% to $67.3m while net income more...
- CDI sets revenue record thanks to social games, casinos and (oh yeah) racing
February 25, 2016
Racing, casino and social gaming operator Churchill Downs Inc. (CDI) generated record revenue in 2015 following a full year’s contribution from its Big Fish Games division. CDI reported revenue of $1.21b in 2015, 49% more than in 2014, while earnings rose two-thirds to $335.6m and net income spiked 42% to...
- Social casino, online horse betting drives Churchill Downs Inc to record revenue
October 29, 2015
Churchill Downs Inc’s social gaming and online wagering operations were credited with delivering record revenues in the company’s Q3 results. Total revenue in the three months ending Sept. 30 rose 61% to $279.8m, while total adjusted earnings more than doubled to $70.6m. Actual earnings were up a more modest 19%...
- Churchill Downs’ social gaming operation its “largest growth catalyst” in Q2
July 30, 2015
Racing, casino and social gaming operator Churchill Downs Inc. (CDI) generated record revenue in Q2 thanks to a strong Kentucky Oaks and Derby week and continued strength at its online operations. CDI’s total revenue in the three months ending June 30 came to $409.2m, a 35% improvement over the same...
- Churchill Downs Can Handle Anything, But its Stock Can’t
July 7, 2015
When looking at the latest business moves and financial health of Churchill Downs (CHDN), it all seems to make sense. It looks like normal, savvy business people are doing normal, savvy things, looking to expand where they can, shifting resources to more profitable sections of the business, not borrowing too...
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