Churchill Downs Incorporated Announces Definitive Agreement to Acquire 49% of United Tote Company from NYRA

LOUISVILLE, Ky., July 29, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, “CDI,” “Company”) announced today that the Company has signed a definitive agreement to acquire 49% of United Tote Company (“United Tote”) from NYRA Content Management Solutions, LLC, a subsidiary of the New York Racing Association, Inc. (“NYRA”). CDI sold a 49% interest in United Tote to NYRA in April 2024, and NYRA agreed to utilize United Tote for their racetrack and gaming related pari-mutuel wagering systems (“tote services”). Concurrent with this transaction, NYRA has agreed to extend their tote services agreement with United Tote through 2035.

United Tote manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities (“OTBs”), and other wagering operators. United Tote provides totalisator services which accumulate wagers, calculate payoffs, and display wagering data to bettors to CDI-operated racing and gaming facilities as well as third-party racetracks, OTBs, and other pari-mutuel wagering operators.