Arlington Park news release
Contact: Darren Rogers Darren.Rogers@KyDerby.com
Senior Director, Communications and Media Services, Churchill Downs
ROY ARNOLD TO LEAVE ARLINGTON PARK
LOUISVILLE, Ky. (Monday, Oct. 11, 2010) – Churchill Downs Incorporated (“Churchill Downs”) (NASDAQ: CHDN) announced today that Roy A. Arnold, who since April 2006 has served as president of Arlington Park and its network of Trackside off-track betting facilities, has resigned from the company effective immediately.
“I’ve had a great experience at Arlington Park and I am very proud of our accomplishments,” Arnold said. “That said, I’ve been here 4 ˝ years and I really want to explore new challenges and opportunities. I wish the Arlington Park team the absolute best and am confident their future is bright.”
“We are deeply appreciative of Roy’s contributions to Arlington Park and to Churchill Downs, and we respect his plans to purse other career interests,” said Bill Carstanjen, chief operating officer of CDI. “His strategic and operational skills will serve him well in his future endeavors.”
Arnold will serve as a consultant to Churchill Downs for a transition period.
No successor to Arnold will be announced at this time.
Churchill Downs Incorporated (“CDI”), headquartered in Louisville, Ky., owns and operates four world renowned Thoroughbred racing facilities: Arlington Park in Illinois, Calder Casino and Race Course in Florida, Churchill Downs Race Track in Kentucky and Fair Grounds Race Course & Slots in Louisiana. CDI operates slot and gaming operations in Louisiana and Florida. CDI tracks are host to North America’s most prestigious races, including the Arlington Million, the Kentucky Derby and the Kentucky Oaks, the Louisiana Derby and the Princess Rooney, along with hosting the Breeders’ Cup World Championships for a record seventh time on Nov. 5-6, 2010 and eighth time on Nov. 4-5, 2011. CDI also owns off-track betting facilities, TwinSpires.com, Youbet.com and other advance-deposit wagering providers, United Tote, television production, telecommunications and racing service companies such as BRIS and a 50-percent interest in the national cable and satellite network, HorseRacing TV, which supports CDI’s network of simulcasting and racing operations, and entered into a definitive purchase agreement to acquire Harlow’s Casino Resort & Hotel in Greenville, MS, on Sept. 13, 2010. CDI trades on the NASDAQ Global Select Market under the symbol CHDN and can be found at www.ChurchillDownsIncorporated.com.