Churchill Releases First Quarter Earnings

Churchill Downs Inc., reported April 27 first-quarter results that showed net revenues of $250 million, up 50% over the same quarter of 2014, primarily due to its acquisition of Big Fish Games. For the first quarter, Churchill reported Churchill also reported a net loss of $1.6 million, or $0.09 per share, compared with a loss of $700,000, or $0.04 per share, in the same quarter of 2014.