After record quarterly results, it would be natural for Churchill Downs CEO Bill Carstanjen to take a victory lap.

Churchill Downs Wednesday reported revenue of $890.7 million and EBITDA of $444.8 million, both records, for 2Q24.

“We are demonstrating that we can deliver strong returns on the strategic choices and capital investments we make, and we remain focused on executing our-long term strategies to deliver best-in-class growth for years to come,” Carstanjen said Thursday during an investor’s call.

But Carstanjen’s comment was followed by an outline of the work and projects that still need to be done by the Kentucky-based gaming company.

The recent opening of Terre Haute Casino Resort in Indiana also was successful. “Terre Haute Casino provides an appealing entertainment venue with limited competition in the surrounding market area,” Carstanjen said.

“The second quarter was great for us,” Carstanjen said. “With all-time record results, we have a strong pipeline of additional investments, and potential acquisitions that we are evaluating to position our company for future growth. We have one of the best balance sheets in the industry, great assets that we believe will continue to drive us. We remain committed to delivering superior returns for our shareholders with consistent execution of our growth strategy. Our track record shows we can deliver.”

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