Churchill Downs 3Q Profit Rises on Racing and Gaming Growth
Churchill Downs reported higher profit and sales in its latest quarter, citing growth in its racing and gaming businesses. Its board also approved a $750 million share repurchase program, including $306 million remaining under the prior authorization.
By Kelly CloonanChurchill Downs reported higher profit and sales in its latest quarter on growth in its racing and gaming businesses.The Louisville, Ky. company also said Wednesday its board approved a $750 million share repurchase program. The new buyback includes the $306 million that remained un…