Derby City Gaming Debuts Charitable Donation Stations
Volunteers of America Named First Featured Beneficiary
LOUISVILLE, KY., (Oct. 7, 2021) – As part of Derby City Gaming’s ongoing charitable initiatives, the entertainment venue launched today new donation stations to be located throughout the property. The stations will provide guests with an outlet to donate change, cash or vouchers to a featured community or nonprofit partner. The featured partners will rotate quarterly beginning in 2022 and will be voted on by Derby City Gaming team members. The program debuted with a ribbon cutting that named Volunteers of America the first beneficiary.
“The entire team at Derby City Gaming is really excited to encourage guests to join them in their charitable efforts,” said Cathy Shircliff, Director of Community Relations at Churchill Downs Incorporated. “It is such a simple way to give back. So many of our guests cash out with some change left on their voucher. Why not donate that to a good cause?”
Volunteers of America is a nonprofit organization that has been helping America’s most vulnerable for 125 years. Donations from Derby City Gaming’s donation stations will go to two of its programs: Freedom House that helps women who are pregnant or parenting struggling with addiction, and Unity House, that helps homeless youth and their parents.
Jennifer Hancock, Volunteers of America Mid-States CEO told WDRB news, “I think there is another outcome associated with this giving opportunity, which is to raise awareness about issues of addiction and homelessness in our community and give all the patrons of Derby City Gaming an opportunity to learn about how Volunteers of America is taking care of our most vulnerable and giving them an opportunity to partner with us in our mission.”
In 2019, Derby City Gaming donated $50,000 to Volunteers of America which helped them open the fourth addiction recovery house for women who are pregnant and parenting in southeastern Kentucky. The new facility was opened in Manchester, Kentucky, the first of its kind in an area hit hardest by the opioid epidemic.
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 pari-mutuel gaming 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, sports and iGaming in the U.S. and we have eight retail sportsbooks. We are also a leader in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals and 200 table games. Additional information about CDI can be found online at www.churchilldownsincorporated.com.
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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 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 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; inability to identify and complete expansion, acquisition or divestiture projects, on time, on budget or as planned; difficulty in integrating recent or future acquisitions into our operations; costs and uncertainties relating to the development of new venues and expansion of existing facilities; 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.
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.
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Nick Zangari
Vice President, Treasury, Investor
Relations & Risk Management
Phone: (502) 394-1157
Email: [email protected]
