Churchill Downs Incorporated 2012 Fourth-Quarter and Year-End Results Conference Call Invitation

Churchill Downs Incorporated 2012 Fourth-Quarter and Year-End Results
Conference Call Invitation

LOUISVILLE, Ky., Feb. 18, 2013 (GLOBE NEWSWIRE) -- Churchill Downs
Incorporated (CDI or Company) (Nasdaq:CHDN) announced today, Monday, Feb. 18,
2013, that the Company will announce 2012 fourth-quarter and year-end business
results on Wednesday, Feb. 27, 2013, at 4:30 p.m. ET and host a related
conference call to discuss the quarter and year-end on Thursday, Feb. 28,
2013, at 9 a.m. ET.

Investors and other interested parties may listen to the teleconference by
accessing the online, real-time webcast and broadcast of the call at or by dialing (877)
372-0878 and entering the conference ID number 12356204 at least 10 minutes
before the appointed time. International callers should dial (253) 237-1169.
An online replay of the call will be available at by noon ET on Thursday,
Feb. 28, 2013.

A copy of the CDI's news release announcing quarterly results and relevant
financial and statistical information about the period will be accessible at


Churchill Downs Incorporated (CDI) (Nasdaq:CHDN), headquartered in Louisville,
Ky., owns and operates the world-renowned Churchill Downs Racetrack, home of
the Kentucky Derby and Kentucky Oaks, as well as racetrack and casino
operations and a poker room in Miami Gardens, Fla.; racetrack, casino and
video poker operations in New Orleans, La.; racetrack operations in Arlington
Heights, Ill.; a casino resort in Greenville, Miss.; as well as a casino hotel
in Vicksburg, Miss.; CDI also owns the country's premier advance-deposit
wagering company,; the totalisator company, United Tote;, where people can legally play fun games online for a chance to
win cash prizes; Bluff Media, an Atlanta-based multimedia poker content, brand
and publishing company; and a collection of racing-related telecommunications
and data companies. Information about CDI can be found online at

Information set forth in this news release contains various "forward-looking
statements" within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934. The Private Securities
Litigation Reform Act of 1995 (the "Act") provides certain "safe harbor"
provisions for forward-looking statements. All forward-looking statements made
in this news release are made pursuant to the Act.

The reader is cautioned that such forward-looking statements are based on
information available at the time and/or management's good faith belief with
respect to future events, and are subject to risks and uncertainties that
could cause actual performance or results to differ materially from those
expressed in the statements. Forward-looking statements speak only as of the
date the statement was made. We assume no obligation to update forward-looking
information to reflect actual results, changes in assumptions or changes in
other factors affecting forward-looking information. Forward-looking
statements are typically identified by the use of terms such as "anticipate,"
"believe," "could," "estimate," "expect," "intend," "may," "might," "plan,"
"predict," "project," "should," "will," and similar words, although some
forward-looking statements are expressed differently. 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 that could cause actual results to differ materially from
expectations include: the effect of global economic conditions, including any
disruptions in the credit markets; a decrease in consumers' discretionary
income; the effect (including possible increases in the cost of doing
business) resulting from future war and terrorist activities or political
uncertainties; the overall economic environment; the impact of increasing
insurance costs; the impact of interest rate fluctuations; the financial
performance of our racing operations; the impact of gaming competition
(including lotteries, online gaming and riverboat, cruise ship and land-based
casinos) and other sports and entertainment options in the markets in which we
operate; our ability to maintain racing and gaming licenses to conduct our
businesses; the impact of live racing day competition with other Florida,
Illinois and Louisiana racetracks within those respective markets; the impact
of higher purses and other incentives in states that compete with our
racetracks; costs associated with our efforts in support of alternative gaming
initiatives; costs associated with customer relationship management
initiatives; a substantial change in law or regulations affecting pari-mutuel
and gaming activities; a substantial change in allocation of live racing days;
changes in Kentucky, Florida, Illinois or Louisiana law or regulations that
impact revenues or costs of racing operations in those states; the presence of
wagering and gaming operations at other states' racetracks and casinos near
our operations; our continued ability to effectively compete for the country's
horses and trainers necessary to achieve full field horse races; our continued
ability to grow our share of the interstate simulcast market and obtain the
consents of horsemen's groups to interstate simulcasting; our ability to enter
into agreements with other industry constituents for the purchase and sale of
racing content for wagering purposes; our ability to execute our acquisition
strategy and to complete or successfully operate planned expansion projects;
our ability to successfully complete any divestiture transaction; market
reaction to our expansion projects; the inability of our totalisator company,
United Tote, to maintain its processes accurately or keep its technology
current; our accountability for environmental contamination; the inability of
our Online Business to prevent security breaches within its online
technologies; the loss of key personnel; the impact of natural and other
disasters on our operations and our ability to obtain insurance recoveries in
respect of such losses (including losses related to business interruption);
our ability to integrate any businesses we acquire into our existing
operations, including our ability to maintain revenues at historic levels and
achieve anticipated cost savings; the impact of wagering laws, including
changes in laws or enforcement of those laws by regulatory agencies; the
outcome of pending or threatened litigation; changes in our relationships with
horsemen's groups and their memberships; our ability to reach agreement with
horsemen's groups on future purse and other agreements (including, without
limiting, agreements on sharing of revenues from gaming and advance deposit
wagering); the effect of claims of third parties to intellectual property
rights; and the volatility of our stock price.

CONTACT: Courtney Yopp Norris
         (502) 636-4564
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