Churchill Downs CHDN Wagering Services and Solutions — Operating expense

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Questions, answered.

What is Churchill Downs's wagering services and solutions — operating expense?

Churchill Downs (CHDN) reported wagering services and solutions — operating expense of $68M in Q1 2026.

How has Churchill Downs's wagering services and solutions — operating expense changed year-over-year?

Churchill Downs's wagering services and solutions — operating expense increased by 1.5% year-over-year, from $67M to $68M.

What is the long-term trend for Churchill Downs's wagering services and solutions — operating expense?

Over 3 years (2022 to 2025), Churchill Downs's wagering services and solutions — operating expense has grown at a 0.8% compound annual growth rate (CAGR), from $293.6M to $301.1M.

What does wagering services and solutions — operating expense mean?

This metric represents the total operating costs incurred to support the delivery of wagering services and related technological solutions. It encompasses expenses such as content acquisition, labor, marketing, and infrastructure maintenance required to facilitate online and pari-mutuel betting platforms. Monitoring this figure helps investors assess the cost structure and operational efficiency of the company's digital and wagering-focused business segment.