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Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2017
Segment Reporting [Abstract] |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in millions) | 2017 |  | 2016 |  | 2017 |  | 2016
Net revenue from external customers: |  |  |  |  |  |  |
Racing: |  |  |  |  |  |  |
Churchill Downs | $ | 8.1 |  |  | $ | 8.7 |  |  | $ | 147.1 |  |  | $ | 140.1 |
Arlington | 25.0 |  |  | 24.0 |  |  | 51.5 |  |  | 49.8 |
Fair Grounds | 5.0 |  |  | 5.1 |  |  | 27.5 |  |  | 28.9 |
Calder | 0.7 |  |  | 0.7 |  |  | 1.9 |  |  | 2.0 |
Total Racing | 38.8 |  |  | 38.5 |  |  | 228.0 |  |  | 220.8 |
Casinos: |  |  |  |  |  |  |
Oxford Casino | 25.2 |  |  | 24.4 |  |  | 69.2 |  |  | 65.4 |
Riverwalk Casino | 12.2 |  |  | 10.6 |  |  | 35.7 |  |  | 35.7 |
Harlow’s Casino | 12.3 |  |  | 11.7 |  |  | 38.3 |  |  | 36.6 |
Calder Casino | 19.4 |  |  | 19.0 |  |  | 62.6 |  |  | 59.8 |
Fair Grounds Slots | 8.7 |  |  | 8.5 |  |  | 27.7 |  |  | 27.9 |
VSI | 9.3 |  |  | 8.6 |  |  | 28.8 |  |  | 27.9 |
Saratoga | 0.4 |  |  | 0.2 |  |  | 1.0 |  |  | 0.6 |
Total Casinos | 87.5 |  |  | 83.0 |  |  | 263.3 |  |  | 253.9 |
TwinSpires | 65.9 |  |  | 55.1 |  |  | 198.4 |  |  | 173.1 |
Big Fish Games: |  |  |  |  |  |  |
Social casino | 53.4 |  |  | 44.3 |  |  | 149.1 |  |  | 138.3 |
Casual and mid-core free-to-play | 46.1 |  |  | 56.1 |  |  | 135.3 |  |  | 162.5 |
Premium | 18.4 |  |  | 21.9 |  |  | 58.1 |  |  | 68.8 |
Total Big Fish Games | 117.9 |  |  | 122.3 |  |  | 342.5 |  |  | 369.6 |
Other Investments | 4.7 |  |  | 4.5 |  |  | 14.0 |  |  | 12.9 |
Net revenue from external customers | $ | 314.8 |  |  | $ | 303.4 |  |  | $ | 1,046.2 |  |  | $ | 1,030.3 |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in millions) | 2017 |  | 2016 |  | 2017 |  | 2016
Intercompany net revenue: |  |  |  |  |  |  |
Racing: |  |  |  |  |  |  |
Churchill Downs | $ | 0.9 |  |  | $ | 0.9 |  |  | $ | 9.6 |  |  | $ | 8.2 |
Arlington | 2.2 |  |  | 1.9 |  |  | 5.1 |  |  | 4.5 |
Fair Grounds | — |  |  | — |  |  | 1.0 |  |  | 1.0 |
Total Racing | 3.1 |  |  | 2.8 |  |  | 15.7 |  |  | 13.7 |
TwinSpires | 0.2 |  |  | 0.4 |  |  | 0.8 |  |  | 1.0 |
Other Investments | 1.0 |  |  | 0.7 |  |  | 3.7 |  |  | 3.0 |
Eliminations | (4.3 | ) |  | (3.9 | ) |  | (20.2 | ) |  | (17.7 | )
Intercompany net revenue | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | Adjusted EBITDA by segment is comprised of the following:
| Three Months Ended September 30, 2017
(in millions) | Racing |  | Casinos |  | TwinSpires |  | Big Fish Games |  | Other Investments |  | Corporate
Net revenue | $ | 41.9 |  |  | $ | 87.5 |  |  | $ | 66.1 |  |  | $ | 117.9 |  |  | $ | 5.7 |  |  | $ | — |
Taxes & purses | (11.2 | ) |  | (28.9 | ) |  | (4.5 | ) |  | — |  |  | — |  |  | — |
Platform & development fees | — |  |  | — |  |  | — |  |  | (42.1 | ) |  | — |  |  | — |
Marketing & advertising | (1.0 | ) |  | (3.1 | ) |  | (1.1 | ) |  | (31.8 | ) |  | — |  |  | — |
Salaries & benefits | (10.3 | ) |  | (13.5 | ) |  | (2.3 | ) |  | (6.8 | ) |  | (2.9 | ) |  | — |
Content expense | (3.8 | ) |  | — |  |  | (30.9 | ) |  | — |  |  | — |  |  | — |
SG&A expense | (3.9 | ) |  | (5.5 | ) |  | (3.2 | ) |  | (5.3 | ) |  | (0.8 | ) |  | (2.2 | )
Research & development | — |  |  | — |  |  | — |  |  | (9.7 | ) |  | — |  |  | — |
Other operating expense | (10.1 | ) |  | (9.8 | ) |  | (5.3 | ) |  | (4.0 | ) |  | (1.1 | ) |  | 0.1 |
Other income (expense) | 0.1 |  |  | 12.8 |  |  | — |  |  | (1.2 | ) |  | 0.2 |  |  | — |
Adjusted EBITDA | $ | 1.7 |  |  | $ | 39.5 |  |  | $ | 18.8 |  |  | $ | 17.0 |  |  | $ | 1.1 |  |  | $ | (2.1 | )
| Three Months Ended September 30, 2016
(in millions) | Racing |  | Casinos |  | TwinSpires |  | Big Fish Games |  | Other Investments |  | Corporate
Net revenue | $ | 41.3 |  |  | $ | 83.0 |  |  | $ | 55.5 |  |  | $ | 122.3 |  |  | $ | 5.2 |  |  | $ | — |
Taxes & purses | (11.2 | ) |  | (28.1 | ) |  | (4.0 | ) |  | — |  |  | — |  |  | — |
Platform & development fees | — |  |  | — |  |  | — |  |  | (45.2 | ) |  | — |  |  | — |
Marketing & advertising | (1.1 | ) |  | (3.0 | ) |  | (1.0 | ) |  | (26.3 | ) |  | — |  |  | — |
Salaries & benefits | (10.3 | ) |  | (13.4 | ) |  | (2.3 | ) |  | (6.2 | ) |  | (2.7 | ) |  | — |
Content expense | (3.9 | ) |  | — |  |  | (26.0 | ) |  | — |  |  | — |  |  | — |
SG&A expense | (4.0 | ) |  | (5.4 | ) |  | (3.0 | ) |  | (4.4 | ) |  | (0.9 | ) |  | (2.2 | )
Research & development | — |  |  | — |  |  | — |  |  | (8.8 | ) |  | — |  |  | — |
Other operating expense | (10.5 | ) |  | (10.0 | ) |  | (4.5 | ) |  | (3.9 | ) |  | (0.9 | ) |  | (0.2 | )
Other income (expense) | 0.1 |  |  | 7.3 |  |  | — |  |  | (0.3 | ) |  | 0.1 |  |  | — |
Adjusted EBITDA | $ | 0.4 |  |  | $ | 30.4 |  |  | $ | 14.7 |  |  | $ | 27.2 |  |  | $ | 0.8 |  |  | $ | (2.4 | )
| Nine Months Ended September 30, 2017
(in millions) | Racing |  | Casinos |  | TwinSpires |  | Big Fish Games |  | Other Investments |  | Corporate
Net revenue | $ | 243.7 |  |  | $ | 263.3 |  |  | $ | 199.2 |  |  | $ | 342.5 |  |  | $ | 17.7 |  |  | $ | — |
Taxes & purses | (54.3 | ) |  | (87.7 | ) |  | (11.6 | ) |  | — |  |  | — |  |  | — |
Platform & development fees | — |  |  | — |  |  | — |  |  | (124.0 | ) |  | — |  |  | — |
Marketing & advertising | (3.9 | ) |  | (9.1 | ) |  | (6.7 | ) |  | (84.3 | ) |  | — |  |  | — |
Salaries & benefits | (32.4 | ) |  | (40.0 | ) |  | (7.1 | ) |  | (20.7 | ) |  | (9.1 | ) |  | — |
Content expense | (11.7 | ) |  | — |  |  | (96.5 | ) |  | — |  |  | — |  |  | — |
SG&A expense | (11.9 | ) |  | (16.3 | ) |  | (8.9 | ) |  | (15.1 | ) |  | (2.3 | ) |  | (6.2 | )
Research & development | — |  |  | — |  |  | — |  |  | (29.9 | ) |  | — |  |  | — |
Other operating expense | (39.4 | ) |  | (31.0 | ) |  | (17.1 | ) |  | (11.3 | ) |  | (3.6 | ) |  | (0.4 | )
Other income (expense) | 0.6 |  |  | 33.1 |  |  | — |  |  | (1.6 | ) |  | 0.3 |  |  | — |
Adjusted EBITDA | $ | 90.7 |  |  | $ | 112.3 |  |  | $ | 51.3 |  |  | $ | 55.6 |  |  | $ | 3.0 |  |  | $ | (6.6 | )
| Nine Months Ended September 30, 2016
(in millions) | Racing |  | Casinos |  | TwinSpires |  | Big Fish Games |  | Other Investments |  | Corporate
Net revenue | $ | 234.5 |  |  | $ | 253.9 |  |  | $ | 174.1 |  |  | $ | 369.6 |  |  | $ | 15.9 |  |  | $ | — |
Taxes & purses | (52.7 | ) |  | (84.6 | ) |  | (8.8 | ) |  | — |  |  | — |  |  | — |
Platform & development fees | — |  |  | — |  |  | — |  |  | (135.2 | ) |  | — |  |  | — |
Marketing & advertising | (3.8 | ) |  | (9.5 | ) |  | (5.2 | ) |  | (106.2 | ) |  | — |  |  | — |
Salaries & benefits | (31.4 | ) |  | (38.2 | ) |  | (6.9 | ) |  | (18.4 | ) |  | (8.2 | ) |  | — |
Content expense | (12.0 | ) |  | — |  |  | (83.4 | ) |  | — |  |  | — |  |  | — |
SG&A expense | (11.9 | ) |  | (15.8 | ) |  | (8.6 | ) |  | (13.6 | ) |  | (2.5 | ) |  | (6.2 | )
Research & development | — |  |  | — |  |  | — |  |  | (29.3 | ) |  | — |  |  | — |
Other operating expense | (38.8 | ) |  | (29.4 | ) |  | (15.6 | ) |  | (11.8 | ) |  | (2.6 | ) |  | (0.5 | )
Other income (expense) | 0.4 |  |  | 21.6 |  |  | — |  |  | (1.2 | ) |  | 0.3 |  |  | — |
Adjusted EBITDA | $ | 84.3 |  |  | $ | 98.0 |  |  | $ | 45.6 |  |  | $ | 53.9 |  |  | $ | 2.9 |  |  | $ | (6.7 | )
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in millions) | 2017 |  | 2016 |  | 2017 |  | 2016
Reconciliation of Comprehensive Income to Adjusted EBITDA: |  |  |  |  |  |  |
Comprehensive income | $ | 17.3 |  |  | $ | 8.7 |  |  | $ | 102.5 |  |  | $ | 81.5 |
Foreign currency translation, net of tax | (0.5 | ) |  | — |  |  | (0.1 | ) |  | (0.2 | )
Change in pension benefits, net of tax | (0.1 | ) |  | — |  |  | (0.1 | ) |  | — |
Net income | 16.7 |  |  | 8.7 |  |  | 102.3 |  |  | 81.3 |
Additions: |  |  |  |  |  |  |
Depreciation and amortization | 24.0 |  |  | 27.5 |  |  | 73.3 |  |  | 81.4 |
Interest expense | 12.6 |  |  | 11.1 |  |  | 36.0 |  |  | 32.8 |
Income tax provision | 11.6 |  |  | 11.7 |  |  | 63.6 |  |  | 49.6 |
EBITDA | 64.9 |  |  | 59.0 |  |  | 275.2 |  |  | 245.1 |
Adjustments to EBITDA: |  |  |  |  |  |  |
Operating income: |  |  |  |  |  |  |
Stock-based compensation expense | 5.8 |  |  | 4.9 |  |  | 17.5 |  |  | 14.3 |
Other charges | 0.4 |  |  | 3.1 |  |  | 0.5 |  |  | 3.4 |
Other income, expense: |  |  |  |  |  |  |
Interest, depreciation and amortization expense related to equity investments | 4.0 |  |  | 2.5 |  |  | 10.6 |  |  | 7.5 |
Other charges and recoveries, net | — |  |  | — |  |  | — |  |  | 0.4 |
Acquisition expense, net | 0.7 |  |  | 1.1 |  |  | 1.7 |  |  | 4.9 |
Calder exit costs | 0.2 |  |  | 0.5 |  |  | 0.8 |  |  | 2.4 |
Total adjustments to EBITDA | 11.1 |  |  | 12.1 |  |  | 31.1 |  |  | 32.9 |
Adjusted EBITDA | $ | 76.0 |  |  | $ | 71.1 |  |  | $ | 306.3 |  |  | $ | 278.0 |
Adjusted EBITDA by segment: |  |  |  |  |  |  |
Racing | $ | 1.7 |  |  | $ | 0.4 |  |  | $ | 90.7 |  |  | $ | 84.3 |
Casinos | 39.5 |  |  | 30.4 |  |  | 112.3 |  |  | 98.0 |
TwinSpires | 18.8 |  |  | 14.7 |  |  | 51.3 |  |  | 45.6 |
Big Fish Games | 17.0 |  |  | 27.2 |  |  | 55.6 |  |  | 53.9 |
Other Investments | 1.1 |  |  | 0.8 |  |  | 3.0 |  |  | 2.9 |
Corporate | (2.1 | ) |  | (2.4 | ) |  | (6.6 | ) |  | (6.7 | )
Adjusted EBITDA | $ | 76.0 |  |  | $ | 71.1 |  |  | $ | 306.3 |  |  | $ | 278.0 |
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block] |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in millions) | 2017 |  | 2016 |  | 2017 |  | 2016
Casinos | $ | 8.7 |  |  | $ | 4.8 |  |  | $ | 22.5 |  |  | $ | 13.6 |
Other Investments | 0.2 |  |  | 0.1 |  |  | 0.2 |  |  | (0.1 | )
| $ | 8.9 |  |  | $ | 4.9 |  |  | $ | 22.7 |  |  | $ | 13.5 |
Reconciliation of Assets from Segment to Consolidated |
(in millions) | September 30, 2017 |  | December 31, 2016
Total assets: |  |  |
Racing | $ | 463.7 |  |  | $ | 454.6 |
Casinos | 675.1 |  |  | 628.7 |
TwinSpires | 213.0 |  |  | 209.9 |
Big Fish Games | 902.8 |  |  | 893.8 |
Other Investments | 11.9 |  |  | 11.1 |
Corporate | 60.9 |  |  | 56.3 |
| $ | 2,327.4 |  |  | $ | 2,254.4 |
| Nine Months Ended September 30,
(in millions) | 2017 |  | 2016
Capital expenditures: |  |  |
Racing | $ | 47.8 |  |  | $ | 23.4 |
Casinos | 26.0 |  |  | 9.7 |
TwinSpires | 7.3 |  |  | 5.4 |
Big Fish Games | 5.6 |  |  | 3.6 |
Other Investments | 1.3 |  |  | 0.8 |
Corporate | 1.1 |  |  | 1.2 |
| $ | 89.1 |  |  | $ | 44.1 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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