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Churchill Downs CHDN Wagering Services and Solutions — Pari-Mutuel Taxes and Purses
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Where this comes from
Reported directly by Churchill Downs in its filing.
Tagged under the XBRL concept chdn:PariMutuelTaxesAndPurses.
The source filing: Churchill Downs’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 4:31 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000020212-26-000059
| (in millions) | Live and Historical Racing | Wagering Services and Solutions | Gaming |
|---|---|---|---|
| Revenues | $575 | $178 | $270 |
| Pari-mutuel taxes and purses | (119) | (8) | (7) |
| Gaming taxes | (2) | (1) | (81) |
| Marketing and advertising | (16) | (6) | (8) |
| Salaries and benefits | (38) | (9) | (41) |
| Content expense | (1) | (78) | (2) |
| Selling, general and administrative expense | (14) | (4) | (12) |
| Maintenance, insurance and utilities | (13) | (3) | (9) |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Churchill Downs's wagering services and solutions — pari-mutuel taxes and purses?
- Churchill Downs (CHDN) reported wagering services and solutions — pari-mutuel taxes and purses of $8M in Q2 2026.
- How has Churchill Downs's wagering services and solutions — pari-mutuel taxes and purses changed year-over-year?
- Churchill Downs's wagering services and solutions — pari-mutuel taxes and purses increased by 3.9% year-over-year, from $7.7M to $8M.
- What is the long-term trend for Churchill Downs's wagering services and solutions — pari-mutuel taxes and purses?
- Over 3 years (2022 to 2025), Churchill Downs's wagering services and solutions — pari-mutuel taxes and purses has grown at a 5.6% compound annual growth rate (CAGR), from $18.7M to $22M.
- What does wagering services and solutions — pari-mutuel taxes and purses mean?
- This represents the mandatory levies and prize pool contributions associated with pari-mutuel wagering activities. These costs are typically tied to regulatory requirements and contractual obligations to fund race purses, directly impacting the net profitability of wagering operations.
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