| Business Summary | | Churchill
Downs
Incorporated
conducts
pari-mutuel
wagering
on
live
race
meetings
for
Thoroughbred
horses,
and
participates
in
intrastate
and
interstate
simulcast
wagering
at
its
racetracks
in
Kentucky,
California,
Florida
and
Illinois.
In
addition,
the
Company,
through
its
subsidiary
Hoosier
Park
L.P.,
conducts
pari-mutuel
wagering
on
live
Thoroughbred,
Quarter
Horse
and
Standardbred
horse
races
and
participates
in
interstate
simulcast
wagering.
The
Company
owns
and
operates
its
flagship
operation,
Churchill
Downs
racetrack,
in
Louisville,
Kentucky
(Churchill
Downs).
Churchill
Downs
has
conducted
Thoroughbred
racing
continuously
since
1875,
and
is
the
home
of
the
Kentucky
Derby.
Churchill
Downs
Management
Company,
a
wholly
owned
subsidiary,
manages
all
of
the
Company's
other
racing
operations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Churchill
Downs,
Inc.
conducts
pari-mutuel
wagering
on
Thoroughbred
and
Standardbred
horse
racing
at
its
facilities
in
KY
and
IN.
CHDN
also
owns
an
investment
company
to
oversee
its
investments.
For
the
six
months
ended
6/30/01,
revenues
rose
23%
to
$195
million.
Net
income
rose
14%
to
$10.9
million.
Results
reflect
the
Arlington
Park
acquisition
and
increased
number
of
racing
days,
partially
offset
by
the
expenses
related
to
the
Arlington
Park
acquisition. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thomas Meeker, 57 Pres,
CEO, Director | $580K | Frederick Baedeker, Jr., 51 Pres
of Churchill Downs California Company, Director | 360K | John Long, 53 Pres
of Churchill Downs Management Company | 469K | Robert Decker, 53 Exec.
VP and CFO | 356K | Michael Miller, 49 Sr.
VP of Finace | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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