CDI Celebrates New Rosie’s Emporium Opening and Continued Growth Amidst Industry Expansion and Safety Focus
Churchill Downs Incorporated (CDI) recently celebrated the grand opening of a new Rosie’s Gaming Emporium in Emporia, Virginia. The Emporia venue features 150 thrilling Historical Horse Racing (HHR) terminals, offering patrons a taste of the track right in their backyard. Naturally, no Rosie’s would be complete without dining and beverage options, which this location provides. To commemorate the occasion, CDI made a substantial $25,000 contribution, divided among five local organizations.
This latest addition brings the total number of Rosie’s establishments in Emporia to a fortunate seven, with the company planning even more launches soon.
CDI has been making significant strides in the industry. In August, they acquired Exacta Systems, a prominent player in HHR technology. This $250 million acquisition is anticipated to bolster CDI’s position in the HHR market and enhance their operational efficiency.
Recall their collaboration with DraftKings in November 2022, which resulted in DK Horse, an independent application dedicated to equine wagering.
CDI’s focus extends beyond expansion to encompass safety. Following a series of equine injuries earlier this year, they temporarily suspended racing at Churchill Downs in June. This decision, made in conjunction with the Kentucky Horse Racing Commission (KHRC) and the Horseracing Integrity and Safety Authority (HISA), prioritized the well-being of the horses.
However, CDI’s momentum remains strong. They have ambitious projects underway, including a cutting-edge HHR entertainment facility in Daviess County, Kentucky. Exciting developments are on the horizon for CDI!
This location is poised to be massive! They’re installing those popular HHR devices everyone enjoys, along with a dedicated section for simultaneous broadcast horse racing. Naturally, dining establishments and taverns will be included, essential for maintaining the satisfaction of their patrons! This represents an astute maneuver for CDI, as their brick-and-mortar ventures are yielding substantial returns. In the preceding year alone, they generated nearly $1.6 billion, a significant surge compared to the previous period. And their earnings? Skyrocketing! We’re discussing exceeding $600 million in pure gain. This augmentation is merely the initial stride for them.
