Is Churchill Downs Incorporated (CHDN) The Best Sports Betting Stock to Buy Now? [Yahoo! Finance]
Churchill Downs, Incorporated (CHDN)
Last churchill downs, incorporated earnings: 4/29 04:07 pm
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US:NASDAQ Investor Relations:
ir.churchilldownsincorporated.com
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Source: Yahoo! Finance
A U.S. Supreme Court decision in 2018 set off a sports betting boom that legalized wagering in 38 states and the District of Columbia. North Carolina legalized sports betting on March 11, and within the first 12 hours of the law's implementation, the state wagered a remarkable $23.9 million. Of these, 30 states allow online sports betting, so if you're within state lines, the thrill is only a click away. While most states have a minimum age of 21, a handful allow 18 or older. Consumers can now bet from anywhere as long as they are physically present in the state due to the growth of online platforms. As a result, Americans legally wagered a record $119.84 billion on sports in 2023, up 27.5% from 2022, per the American Gaming Association's Commercial Gaming Revenue Tracker , ushering in a new era for sports gambling in the US. Consequently, the sports betting industry's revenue grew to $10.92 billion, a 44.5% YoY increase from 2022. The expansion was predominantly driven by continui
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CHDN
News
- Churchill Downs Incorporated Opens The Rose Gaming Resort in Northern VirginiaGlobeNewswire
- Churchill Downs Incorporated (NASDAQ: CHDN) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- How Promising Is Churchill Downs Incorporated (CHDN) Among Largest Gambling Stocks of 2024? [Yahoo! Finance]Yahoo! Finance
- Churchill Downs Incorporated (NASDAQ: CHDN) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Churchill Downs Incorporated (NASDAQ: CHDN) had its "buy" rating re-affirmed by analysts at Truist Financial Co.. They now have a $165.00 price target on the stock, down previously from $166.00.MarketBeat
CHDN
Earnings
- 10/23/24 - Miss
CHDN
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- 11/1/24 - Form 4
- CHDN's page on the SEC website