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Forbes Magazine names Churchill Downs Incorporated one of America's Best Small Companies

29 Oct 2014

LOUISVILLE, Kentucky -- (PRESS RELEASE) -- Churchill Downs Incorporated (CDI or the Company) (CHDN), announced today that it ranked #67 on Forbes 100 Best Small Companies in America list for 2014. CDI stands out as the only Kentucky business on the top 100 list as well as the lone gaming company and lone racing company.

This is the first time Churchill Downs Incorporated has appeared on this Forbes list. The Kentucky Derby ranked #10 this year on Forbes Most Valuable Event Brands in Sports. America's greatest race has consistently been named in the top ten of this list (2013, 2012, 2011, 2010).

The Forbes 100 Best Small Companies in America list features firms with strong sales and earnings growth. According to the magazine, "the rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years." They also factored in stock performance versus each company's peer group during the last year as of Oct. 1, 2014.

"Just as the Kentucky Derby has grown into the 21st century, so has Churchill Downs Incorporated. We have worked to ensure its long-term success and heritage while building a solid foundation for future areas of investment and growth," said Bill Carstanjen, CDI's Chief Executive Officer. "We are proud to be included among the nation's top small companies."

"Churchill Downs Incorporated has made invaluable investments in the commonwealth. I appreciate their hard work to grow a business and a brand Kentuckians can be proud of," said Kentucky Governor Steve Beshear. "I want to congratulate them on this honor and know we can look forward to many more years of continued success."

"Congratulations to Churchill Downs Incorporated on this acknowledgement. They are an integral part of the life and tradition of our city and a great source of pride for all of us that call Louisville home," said Louisville Mayor Greg Fischer. "We are proud to have been recognized as the most livable city in America by the U.S. Conference of Mayors and we know it is in large part due to companies like Churchill Downs Incorporated and the contributions they make to our economy and community. Forbes' recognition validates their amazing work and reputation throughout the nation and world."

ABOUT CHURCHILL DOWNS INCORPORATED

Churchill Downs Incorporated (CDI) (CHDN), headquartered in Louisville, Ky., owns and operates the world-renowned Churchill Downs Racetrack, home of the Kentucky Derby and Kentucky Oaks, as well as racetrack and casino operations in Miami Gardens, Fla.; racetrack, casino and video poker operations in New Orleans, La.; racetrack operations in Arlington Heights, Ill.; a casino resort in Greenville, Miss.; a casino hotel in Vicksburg, Miss.; a casino in Oxford, Maine; and a 50 percent owned joint venture, Miami Valley Gaming and Racing LLC, in Lebanon, Ohio. CDI also owns the country's premier online wagering company, TwinSpires.com; the totalisator company, United Tote; Bluff Media, an Atlanta-based multimedia poker company; and a collection of racing-related telecommunications and data companies.
 
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