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v3.23.2

Revenue from Contracts with Customers - Net Revenue From External Customers and Intercompany Revenue From Each Operating Segment (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | $ 768.5 | $ 582.5 | $ 1,328.0 | $ 946.6
Disclosure of complimentary revenue | 12.3 | 7.7 | 24.5 | 14.8
Related Party |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 0.0 | 0.0 | 0.0 | 0.0
Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 245.9 | 184.3 | 495.9 | 361.6
Other |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 0.2 | 0.5 | 0.5 | 1.0
External Customer |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 768.5 | 582.5 | 1,328.0 | 946.6
External Customer | Pari-mutuel, live and simulcast racing |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 160.9 | 170.4 | 262.9 | 270.4
External Customer | Pari-mutuel, historical racing |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 191.1 | 79.7 | 382.4 | 153.3
External Customer | Racing event-related services |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 138.2 | 122.1 | 141.1 | 123.0
External Customer | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 210.6 | 164.3 | 423.1 | 325.5
External Customer | Other |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 67.7 | 46.0 | 118.5 | 74.4
Live and Historical |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 408.0 | 275.9 | 623.8 | 363.1
TwinSpires |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 139.1 | 138.5 | 235.5 | 239.9
Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 247.9 | 184.5 | 499.5 | 363.7
Operating Segments | External Customer |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 768.3 | 582.0 | 1,327.5 | 945.6
Operating Segments | External Customer | Pari-mutuel, live and simulcast racing |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 160.9 | 170.4 | 262.9 | 270.4
Operating Segments | External Customer | Pari-mutuel, historical racing |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 191.1 | 79.7 | 382.4 | 153.3
Operating Segments | External Customer | Racing event-related services |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 138.2 | 122.1 | 141.1 | 123.0
Operating Segments | External Customer | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 210.6 | 164.3 | 423.1 | 325.5
Operating Segments | External Customer | Other |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 67.5 | 45.5 | 118.0 | 73.4
Operating Segments | Live and Historical |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 385.0 | 260.9 | 599.4 | 346.9
Operating Segments | Live and Historical | Related Party |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 23.0 | 15.0 | 24.4 | 16.2
Operating Segments | Live and Historical | External Customer |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 385.0 | 260.9 | 599.4 | 346.9
Operating Segments | Live and Historical | External Customer | Pari-mutuel, live and simulcast racing |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 40.2 | 46.5 | 51.2 | 52.1
Operating Segments | Live and Historical | External Customer | Pari-mutuel, historical racing |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 184.1 | 78.4 | 369.4 | 152.0
Operating Segments | Live and Historical | External Customer | Racing event-related services |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 136.7 | 121.9 | 137.7 | 122.4
Operating Segments | Live and Historical | External Customer | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 2.5 | 0.0 | 5.1 | 0.0
Operating Segments | Live and Historical | External Customer | Other |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 21.5 | 14.1 | 36.0 | 20.4
Operating Segments | TwinSpires |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 137.4 | 136.8 | 232.2 | 237.1
Operating Segments | TwinSpires | Related Party |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 1.7 | 1.7 | 3.3 | 2.8
Operating Segments | TwinSpires | External Customer |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 137.4 | 136.8 | 232.2 | 237.1
Operating Segments | TwinSpires | External Customer | Pari-mutuel, live and simulcast racing |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 117.5 | 118.4 | 196.9 | 199.9
Operating Segments | TwinSpires | External Customer | Pari-mutuel, historical racing |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 0.0 | 0.0 | 0.0 | 0.0
Operating Segments | TwinSpires | External Customer | Racing event-related services |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 0.0 | 0.0 | 0.0 | 0.0
Operating Segments | TwinSpires | External Customer | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 1.2 | 6.2 | 5.6 | 16.5
Operating Segments | TwinSpires | External Customer | Other |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 18.7 | 12.2 | 29.7 | 20.7
Operating Segments | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 245.9 | 184.3 | 495.9 | 361.6
Operating Segments | Gaming | Related Party |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 2.0 | 0.2 | 3.6 | 2.1
Operating Segments | Gaming | External Customer |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 245.9 | 184.3 | 495.9 | 361.6
Operating Segments | Gaming | External Customer | Pari-mutuel, live and simulcast racing |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 3.2 | 5.5 | 14.8 | 18.4
Operating Segments | Gaming | External Customer | Pari-mutuel, historical racing |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 7.0 | 1.3 | 13.0 | 1.3
Operating Segments | Gaming | External Customer | Racing event-related services |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 1.5 | 0.2 | 3.4 | 0.6
Operating Segments | Gaming | External Customer | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 206.9 | 158.1 | 412.4 | 309.0
Operating Segments | Gaming | External Customer | Other |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 27.3 | 19.2 | 52.3 | 32.3
All Other |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 0.2 | 0.5 | 0.5 | 1.0
All Other | Related Party |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 0.0 | 0.0 | 0.0 | 0.0
All Other | External Customer |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 0.2 | 0.5 | 0.5 | 1.0
All Other | External Customer | Pari-mutuel, live and simulcast racing |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 0.0 | 0.0 | 0.0 | 0.0
All Other | External Customer | Pari-mutuel, historical racing |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 0.0 | 0.0 | 0.0 | 0.0
All Other | External Customer | Racing event-related services |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 0.0 | 0.0 | 0.0 | 0.0
All Other | External Customer | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 0.0 | 0.0 | 0.0 | 0.0
All Other | External Customer | Other |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 0.2 | 0.5 | 0.5 | 1.0
Eliminations | Related Party |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | (26.7) | (16.9) | (31.3) | (21.1)
Churchill Downs Racetrack | Operating Segments | Live and Historical |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 178.3 | 174.2 | 180.7 | 176.2
Louisville | Operating Segments | Live and Historical |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 45.3 | 44.2 | 89.3 | 87.0
Northern Kentucky | Operating Segments | Live and Historical |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 17.3 | 8.4 | 43.6 | 19.2
Southwestern Kentucky | Operating Segments | Live and Historical |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 37.6 | 34.1 | 74.1 | 64.5
Western Kentucky | Operating Segments | Live and Historical |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 9.4 | 0.0 | 14.2 | 0.0
Virginia | Operating Segments | Live and Historical |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 94.6 | 0.0 | 192.3 | 0.0
New Hampshire | Operating Segments | Live and Historical |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 2.5 | 0.0 | 5.2 | 0.0
Florida | Operating Segments | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 26.0 | 27.9 | 52.1 | 54.9
Iowa | Operating Segments | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 24.0 | 0.0 | 48.5 | 0.0
Louisiana | Operating Segments | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 33.8 | 37.2 | 77.9 | 78.7
Maine | Operating Segments | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 29.5 | 29.4 | 57.2 | 56.2
Maryland | Operating Segments | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 27.6 | 27.4 | 50.9 | 48.7
Mississippi | Operating Segments | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 25.8 | 26.0 | 53.3 | 53.5
New York | Operating Segments | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | 44.6 | 0.0 | 89.1 | 0.0
Pennsylvania | Operating Segments | Gaming |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Net revenue | $ 34.6 | $ 36.4 | $ 66.9 | $ 69.6

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