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v3.25.1

Segment Information - Reconciliation of Comprehensive Income to Adjusted EBITDA by Segment (Details) - USD ($) $ in Millions | 3 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
Segment Reporting Information [Line Items] |  |
Net income and comprehensive income attributable to Churchill Downs Incorporated | $ 76.7 | $ 80.4
Net income attributable to noncontrolling interest | 0.5 | 0.0
Net income | 77.2 | 80.4
Depreciation and amortization | 59.2 | 46.9
Interest expense | 72.3 | 70.4
Income tax provision | 18.7 | 21.4
Stock-based compensation expense | 3.6 | 7.2
Pre-opening expense | 4.2 | 8.3
Other expenses, net | (0.4) | 0.2
Transaction expense, net | 0.4 | 4.1
Interest, depreciation and amortization expense related to equity investments | 9.9 | 10.3
Other charges and recoveries, net | 0.0 | (6.7)
Total adjustments | 167.9 | 162.1
Adjusted EBITDA | 245.1 | 242.5
Operating Segments |  |
Segment Reporting Information [Line Items] |  |
Adjusted EBITDA | 266.8 | 263.2
All Other |  |
Segment Reporting Information [Line Items] |  |
Adjusted EBITDA | (21.7) | (20.7)
Live and Historical Racing | Operating Segments |  |
Segment Reporting Information [Line Items] |  |
Adjusted EBITDA | 102.0 | 100.8
Wagering Services and Solutions | Operating Segments |  |
Segment Reporting Information [Line Items] |  |
Adjusted EBITDA | 41.3 | 39.6
Gaming | Operating Segments |  |
Segment Reporting Information [Line Items] |  |
Adjusted EBITDA | $ 123.5 | $ 122.8

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