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Churchill Downs to Buy NYRA’s 49% Share in United Tote
['The Tdn']
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Churchill Downs Incorporated (CDI) will purchase 49% of United Tote Company from NYRA Content Management Solutions, LLC, a subsidiary of the New York Racing Association, Inc. (NYRA), restoring 100% ownership of United Tote to CDI.
The definitive agreement was announced publicly by CDI Wednesday afternoon.
CDI had originally sold the same 49% interest to NYRA in April, 2024.
Per the agreement, NYRA will continue to utilize United Tote for their racetrack- and gaming-related pari-mutuel wagering systems through 2035.
United Tote manufactures and operates pari-mutuel wagering systems, including totalisator services, for racetracks, off-track betting facilities (OTBs), and other wagering operators.