Cathy Beeding Named General Manager at Riverwalk Hotel Casino
VICKSBURG, MI., (August 16, 2022) – Riverwalk Casino Hotel (“Riverwalk”) announced today that Cathy Beeding has been named General Manager. Beeding brings over 20 years of gaming and regulatory experience in a number of jurisdictions including Mississippi, Maryland, Pennsylvania, Kentucky and Louisiana. In addition to extensive leadership roles in gaming compliance, she also brings experience in hospitality management. Beeding’s role at Riverwalk is effective August 27, subject to licensure and necessary approvals of the Mississippi Gaming Commission.
Prior to her appointment as General Manager of Riverwalk, Beeding served as Executive Vice President and General Counsel for Cordish Gaming and previously worked for Churchill Downs Incorporated (“CDI”) as Vice President, Senior Counsel & Corporate Compliance Officer where she was responsible for overseeing and managing compliance across all of the company’s properties and interactive verticals. Beeding graduated from the University of South Florida with a degree in Social Science Education and obtained her Juris Doctor, cum laude, from the University of Miami.
Maureen Adams, Senior Vice President of Gaming Operations for CDI, the owner and operator of Riverwalk, shared, “We are incredibly excited to welcome Cathy back to CDI as General Manager of Riverwalk. Her proven track record in gaming compliance makes her the ideal candidate to lead Riverwalk into its next phase of growth. Her meticulous attention to detail and ability to motivate and inspire a team, will translate into an extraordinary guest experience for all.”
“It is truly thrilling to bring my experience and passion for this industry back to Mississippi where I spent many formative years professionally,” Beeding said. “It is extremely rewarding to have the opportunity to lead this talented team and continue to grow the success of Riverwalk. I look forward to connecting with the people of Vicksburg and am eager to find ways that this unique property can bring value to the community.”
About Churchill Downs Incorporated
Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by our iconic flagship event, the Kentucky Derby. We own and operate three entertainment venues with approximately 3,050 historical racing machines in Kentucky. We also own and operate TwinSpires, one of the largest and most profitable online wagering platforms for horse racing in the U.S. and we have nine retail sportsbooks. We are also a leader in brick-and-mortar casino gaming in nine states with approximately 11,000 slot machines and video lottery terminals and 200 table games. Additional information about Churchill Downs Incorporated can be found online at www.churchilldownsincorporated.com.
About Riverwalk Casino Hotel
Riverwalk Casino Hotel, located along the banks of the Mississippi River in historic Vicksburg, is Mississippi’s most exciting land-based casino destination. Owned by Churchill Downs Incorporated (Nasdaq: CHDN), features over 27,000-square-feet of gaming and dining space with more than 600 slot machines and action-packed table games. The property also boasts a 74-room hotel and casual dining option, Smiley’s.
This news release contains various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by the use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “should,” “will,” and similar words or similar expressions (or negative versions of such words or expressions).
Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Important factors, among others, that may materially affect actual results or outcomes include the following: the receipt of regulatory approvals on terms desired or anticipated, unanticipated difficulties or expenditures relating to the proposed transaction, including, without limitation, difficulties that result in the failure to realize expected synergies, efficiencies and cost savings from the proposed transaction within the expected time period (if at all), our ability to obtain financing on the anticipated terms and schedule, disruptions of our or P2E’s current plans, operations and relationships with customers and suppliers caused by the announcement and pendency of the proposed transaction, our and P2E’s ability to consummate a sale-leaseback transaction with respect to the Hard Rock Sioux City on terms desired or anticipated; the impact of the novel coronavirus (COVID-19) pandemic, including the emergence of variant strains, and related economic matters on our results of operations, financial conditions and prospects; the occurrence of extraordinary events, such as terrorist attacks, public health threats, civil unrest, and inclement weather; the effect of economic conditions on our consumers’ confidence and discretionary spending or our access to credit; additional or increased taxes and fees; the impact of significant competition, and the expectation the competition levels will increase; changes in consumer preferences, attendance, wagering, and sponsorships; loss of key or highly skilled personnel; lack of confidence in the integrity of our core businesses or any deterioration in our reputation; risks associated with equity investments, strategic alliances and other third-party agreements; inability to respond to rapid technological changes in a timely manner; concentration and evolution of slot machine and HRM manufacturing and other technology conditions that could impose additional costs; inability to negotiate agreements with industry constituents, including horsemen and other racetracks; inability to successfully expand our TwinSpires Sports and Casino business and effectively compete; difficulty in integrating recent or future acquisitions into our operations; inability to identify and / or complete acquisitions, divestitures, development of new venues or the expansion of existing facilities on time, on budget, or as planned; general risks related to real estate ownership and significant expenditures, including fluctuations in market values and environmental regulations; reliance on our technology services and catastrophic events and system failures disrupting our operations; online security risk, including cyber-security breaches, or loss or misuse of our stored information as a result of a breach, including customers’ personal information, could lead to government enforcement actions or other litigation; personal injury litigation related to injuries occurring at our racetracks; compliance with the Foreign Corrupt Practices Act or applicable money-laundering regulations; payment-related risks, such as risk associated with fraudulent credit card and debit card use; work stoppages and labor issues; risks related to pending or future legal proceedings and other actions; highly regulated operations and changes in the regulatory environment could adversely affect our business; restrictions in our debt facilities limiting our flexibility to operate our business; failure to comply with the financial ratios and other covenants in our debt facilities and other indebtedness; and increase in our insurance costs, or obtain similar insurance coverage in the future, and inability to recover under our insurance policies for damages sustained at our properties in the event of inclement weather and casualty events.
We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Press Contacts
Tonya Abeln
Vice President, Corporate
Communications
Phone: (502) 636-4506
Email: [email protected]
