With the latest establishing of a brand new place in Emporia, Virginia. This brings the overall range of Rosie’s Gaming Emporiums to seven, with extra places planned.
In latest months, CDI has made numerous acquisitions and investments. In August 2023, CDI acquired Exacta Systems, a issuer of generation for historic horse racing (HHR) operations. This $250m acquisition is predicted to enlarge CDI’s HHR footprint and generate operational synergies.
In November 2022, CDI partnered with DraftKings to release DK Horse, a standalone app for horseracing betting.
CDI is likewise making an investment in its protection protocols. In June 2023, the agency briefly halted racing operations at Churchill Downs Racetrack because of an surprisingly excessive range of horse injuries. This selection became made in session with the Kentucky Horse Racing Commission (KHRC) and the Horseracing Integrity and Safety Authority (HISA).
CDI is likewise growing new leisure destinations. In 2023, CDI introduced plans to expand a brand new historic racing machine (HRM) leisure complicated in Eastern Daviess County, Kentucky. This complicated is predicted to characteristic HHR machines, simulcast horse racing, a eating place and a bar.
CDI’s land-primarily based totally enlargement efforts have contributed to the agency‘s universal growth. CDI suggested sales of $1.59b in 2021, a 52% growth from the preceding year. Adjusted EBITDA reached a document excessive of $627m.