Churchill Downs in Kentucky. The company is buying 49% of United Tote and updated investors on three Kentucky Derby projects. At the time of the 2024 deal, the NYRA agreed to use United Tote for racetrack and “gaming related pari-mutuel wagering systems.” Churchill Downs Sprucing Up Ahead of 2027 Kentucky DerbyComing off a 2026 Kentucky Derby in which Derby Week racing wagering activity topped earnings before interest, taxes, depreciation and amortization (EBITDA) records, Churchill Downs updated shareholders on a trio of projects at its eponymous Kentucky racecourse. Churchill Downs Posts Solid Q2 ResultsDriven by a record-setting Kentucky Derby Week, Churchill Downs Incorporated (NASDAQ: CHDN) delivered impressive second-quarter results.