{"id":8629,"date":"2025-02-11T07:20:46","date_gmt":"2025-02-11T07:20:46","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/02\/11\/churchill-downs-halts-retail-sports-betting-due-to-low-profitability\/"},"modified":"2025-02-11T07:20:46","modified_gmt":"2025-02-11T07:20:46","slug":"churchill-downs-halts-retail-sports-betting-due-to-low-profitability","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/02\/11\/churchill-downs-halts-retail-sports-betting-due-to-low-profitability\/","title":{"rendered":"Churchill Downs Halts Retail Sports Betting Due to Low Profitability"},"content":{"rendered":"<div>\n<p>The famous racetrack that hosts the Kentucky Derby, Churchill Downs, has made the decision to cease taking sports wagers. This action follows WLKY reporting confirming that retail sports betting will stop on Sunday.<\/p>\n<p>The decision to discontinue retail sports betting was influenced by what the track described as <em>\u201clow profitability from retail operations.\u201d<\/em> A Churchill Downs representative shared, <em>\u201cWe\u2019re going to focus our time and resources elsewhere.\u201d<\/em><\/p>\n<p>The company noted that the majority of sports betting now takes place through mobile platforms such as FanDuel and DraftKings, which made it \u201cunfeasible to continue retail betting.\u201d As company Director of Communications Darren Rogers explained, <em>\u201cThere simply isn\u2019t a profitable path forward for us to sustain profitability as a retail operator.\u201d<\/em><\/p>\n<h2><strong>Cash-In Period and Expanding Horizons<\/strong><\/h2>\n<p>While retail sports betting is no longer in operation, Churchill Downs will still honor winning tickets for the next couple of weeks. This move is part of a broader strategy to adjust its focus and resources toward more profitable ventures.<\/p>\n<p>In addition to this shift, Churchill Downs, owned by CDI, continues to diversify its operations. The company is well-known for operating historical racing machines in Kentucky and has recently secured approving licenses from the Virginia Racing Commission, the New York State Gaming Commission, and the Iowa Racing and Gaming Commission.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>In addition to its traditional racetrack operations, CDI launched the Terre Haute Casino Resort in April, which includes a luxury hotel with 122 rooms, a pool, rooftop lounge, and several dining options. The casino offers 1,000 slot machines, 35 live table games, a sportsbook, and a poker room, reinforcing the company\u2019s focus on expanding its gaming and entertainment offerings.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/churchill-downs-halts-retail-sports-betting-due-to-low-profitability\/\">Churchill Downs Halts Retail Sports Betting Due to Low Profitability<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The famous racetrack that hosts the Kentucky Derby, Churchill Downs, has made the decision to cease taking sports wagers. This action follows WLKY reporting confirming that retail sports betting will stop on Sunday. The decision to discontinue retail sports betting was influenced by what the track described as \u201clow profitability from retail operations.\u201d A Churchill [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8629","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8629"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8629\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}