Churchill Downs Incorporated to sell 49% of United Tote Company to New York Racing Association

11 August 2022

(PRESS RELEASE) -- Churchill Downs Incorporated announced today that the Company has entered into an agreement to sell 49% of United Tote Company, a wholly-owned subsidiary of CDI, to NYRA Content Management Solutions, LLC, a subsidiary of the New York Racing Association, Inc. NYRA is a not-for-profit corporation that operates the three largest Thoroughbred horse racing tracks in the state of New York - Aqueduct Racetrack in South Ozone Park, Queens; Belmont Park in Elmont; and Saratoga Race Course in Saratoga Springs. The transaction is subject to usual and customary closing conditions, including applicable regulatory notices and approvals, and is expected to close by the end of 2022. As part of the agreement, the United Tote pari-mutuel settlements business will be excluded and will remain with CDI.

CDI and NYRA intend to work together to create and provide a comprehensive and efficient industry-leading pari-mutuel solution through United Tote that will expedite the expansion of horse racing seamlessly onto sports wagering platforms to reach new customers. Pending the appropriate regulatory approvals, NYRA will transition its pari-mutuel wager processing to United Tote in 2023 under a separate agreement.

Related Links
United Tote Company Gaming Vendor Information
Churchill Downs Ownership Details
NYRA Ownership Details
Aqueduct Racetrack Details
Belmont Park Details
Saratoga Race Course Details

Featured Vendors
New Level Radio
TOP ONE TECH LIMITED
New Level Radio
Your Casino. Your Music. Your Message.
TOP ONE TECH LIMITED
GLOBAL TOUCH SOLUTION PARTNER OF CHOICE,10+ years OEM manufacturing,100+ thousand units application
Talisman Group Creators of EZ Baccarat
Betson Imperial Parts & Service
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
AmericanChecked
Broadband Hospitality
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Broadband Hospitality
Improve these critical guest-facing amenities: In-room TV, Wi-Fi, Mobile App. Priced right. All here
Sunkist Graphics, Inc.
Casino Schedule Ease
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Casino Schedule Ease
Full Featured & customizable for the complex scheduling needs of table games & other casino depts
Casino Network
Rymax Marketing Services, Inc.
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
Slot Machines Unlimited
.Dot-iGaming.com
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
.Dot-iGaming.com
Fully loaded advanced casino platform. One time (low) fee, 100% your property, start now!
Imagine This
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!


Your Guide to 15,292 Gaming Industry Suppliers