Churchill Downs to Invest in New Jersey, Pennsylvania Sports Betting Markets

During an earnings call with investors, Churchill Downs CEO Bill Carstanjen (l.) said the company plans to invest in the New Jersey and Pennsylvania sports betting markets during 2019 and is looking for further expansion in the U.S. sports betting market. Churchill Downs is already partnered with Golden Nugget Atlantic City for online sports betting and is awaiting the start of online gambling in Pennsylvania. The company is also looking to expand into the Illinois market.