Churchill Downs board member resigns

2 Jul 2008

LOUISVILLE, Kentucky -- (PRESS RELEASE) -- Churchill Downs Incorporated ("Company") (NASDAQ: CHDN) today announced that on June 19, 2008, Seth W. Hancock tendered his resignation from the Company's Board of Directors effective immediately.

Mr. Hancock was first elected to the board in 1973, serving as an integral member for 35 years as CDI grew from the ownership of one racetrack, Churchill Downs, into a company that owns and operates racetracks in four states, owns various off-track betting facilities, and has interests in a variety of advance-deposit wagering, television production, telecommunications and racing services companies.

"For the past 30-plus years, I have enjoyed being a part of one of Thoroughbred racing's premiere racing companies," said Hancock. "But after more than three decades of service, it's time for me to move on and embrace new challenges. I look forward to CDI's continued innovation and success for the benefit of our entire industry."

"Seth Hancock has served the board with great distinction for many years, and his leadership will be missed," said Churchill Downs Incorporated Board Chairman Carl F. Pollard. "We have relied on his counsel and wisdom on a great many issues related to our company and the industry as a whole. Personally, I wish him the very best in his future endeavors."

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	Churchill Downs board member resigns 2 Jul 2008 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> LOUISVILLE, Kentucky -- (PRESS RELEASE) -- Churchill Downs Incorporated ("Company") (NASDAQ: CHDN) today announced that on June 19, 2008, Seth W. Hancock tendered his resignation from the Company's Board of Directors effective immediately. Mr. Hancock was first elected to the board in 1973, serving as an integral member for 35 years as CDI grew from the ownership of one racetrack, Churchill Downs, into a company that owns and operates racetracks in four states, owns various off-track betting facilities, and has interests in a variety of advance-deposit wagering, television production, telecommunications and racing services companies. "For the past 30-plus years, I have enjoyed being a part of one of Thoroughbred racing's premiere racing companies," said Hancock. "But after more than three decades of service, it's time for me to move on and embrace new challenges. I look forward to CDI's continued innovation and success for the benefit of our entire industry." "Seth Hancock has served the board with great distinction for many years, and his leadership will be missed," said Churchill Downs Incorporated Board Chairman Carl F. Pollard. "We have relied on his counsel and wisdom on a great many issues related to our company and the industry as a whole. Personally, I wish him the very best in his future endeavors."