Calder Race Course

What Calder Race Course does

Calder Race Course, Inc., doing business as Calder Casino and Race Course, is a single-asset regional casino operator located at 21001 NW 27th Avenue, Miami Gardens, Florida, on the Miami-Dade/Broward county line. Originally founded in 1971 as a thoroughbred horse racing track, the property was rebranded to Calder Casino in 2009 when it added slot machines and table games, and was acquired by Churchill Downs Incorporated (NASDAQ: CHDN) in 2010. The casino operates a roughly 1,100-slot-machine floor featuring titles such as Buffalo Gold, Lightning Link, Dragon Link, and Ultimate Fire Link, alongside live dealer table games in The Card Room (minimums from $5), electronic roulette and blackjack, and an outdoor smoking-friendly Backyard Casino.

The business monetizes through standard gaming economics: customers wager against the house on slots and tables, with the operator retaining a structural house edge, supplemented by food and beverage revenue at three on-site venues — The Kitchen (casual dining), Lucky's (grab-and-go), and Center Bar. The Club Calder loyalty program (Green, Gold, Black, Red, Royal tiers) is the primary retention and reactivation mechanism, offering tiered Free Play, birthday rewards, VIP Lounge access, personalized host service for high-tier members, and competitive tier-match offers to switchers from rival South Florida properties. The asset is supported by an active promotional calendar — car giveaways (Mustang Mach-E), $25K Cash Showdown drawings, Bingo Mania, hot-seat events, and weekly point multipliers — distributed via the company website (available in English and Spanish), Facebook, Instagram, and Players Club email.

Calder serves adult consumers aged 21+ in the South Florida geography through a direct-to-consumer walk-in retail model. As a wholly-owned subsidiary of Churchill Downs Incorporated, the property benefits from CDI's portfolio-level operational and marketing resources but has no independent public listing; property-level financials are not separately disclosed. The current footprint is a single casino location with no documented new geographic, vertical, or channel expansion beyond incremental product additions (Backyard Casino, The Card Room) and loyalty-program formalization within the existing site.

Name

Calder Race Course

Legal name

Churchill Downs Incorporated

Website

https://caldercasino.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

101–250 employees

Short description

Calder Casino is a single-asset regional casino in Miami Gardens, FL, owned by Churchill Downs Incorporated, operating ~1,100 slot machines, live and electronic table games, three dining venues, and the Club Calder loyalty program for adult South Florida gaming consumers.

Ownership category

akta.pro rank

Product category

Casino Gaming

NAICS

Casinos (except Casino Hotels) (71321), Casinos (except Casino Hotels) (713210), Gambling Industries (7132)

SIC

Services-Amusement & Recreation Services (7900), Services-Miscellaneous Amusement & Recreation (7990), Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Standalone Casino Properties (Urban/Suburban) (MPAEAAAB)

akta.pro secondary industries

Casino Poker Operations (Land-Based) (MPAEAEAB), Cardrooms & Poker Rooms (Land-Based) (MPAEAAAG), Integrated Casino Resorts (Casino + Hotel/Entertainment) (MPAEAAAA)

Keywords

• Casino gaming services
• Slot machines
• Live table games
• Player loyalty program
• Casino dining and entertainment

Headquarters

HQ city

Miami Gardens

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Gaming Operations: Primary revenue from casino gaming including slot machine play, table game wagers, and electronic table games. Customers wager money on games of chance with the casino retaining a house edge on all wagers. Additional revenue generated from food and beverage sales at Lucky's, The Kitchen, and Center Bar.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Calder Casino owns and operates a single physical casino property in Miami Gardens, Florida, offering approximately 1,100 Vegas-style slot machines, electronic table games (electronic roulette and blackjack), and live dealer table games in The Card Room (including Ultimate Texas Hold 'Em, Three Card Poker, and other poker variants). The property also features an outdoor Backyard Smoking Casino, three on-site dining venues (The Kitchen, Lucky's, Center Bar), live entertainment, and the Club Calder tiered loyalty program.

Product overview

Calder Casino is a gaming, music, and dining entertainment destination in Miami Gardens, FL offering a unified casino experience. The core gaming product consists of approximately 1,100 slot machines and live/electronic table games (The Card Room), complemented by an outdoor Backyard Smoking Casino. The property operates three dining venues (The Kitchen, Lucky's, and Center Bar) and features live entertainment. The Club Calder loyalty program ties together the gaming, dining, and promotional offerings with tiered rewards across Green, Gold, Black, Red, and Royal levels. Promotions include car giveaways, cash drawings, Free Play offers, hot seat drawings, and special events. The casino is open 7 days a week with extended hours and is operated by Churchill Downs Incorporated.

Differentiator

Problem solved

Functional benefit

Brands

• Club Calder: The casino's players club loyalty program offering Free Play, tiered rewards (Green, Gold, Black, Red, Royal tiers), VIP Lounge access, and exclusive promotions.
• The Card Room
• Backyard Casino
• The Kitchen
• Lucky's
• Center Bar

Products and services

• Slot Machines Approximately 1,100 Vegas-style slot machines on the casino floor featuring popular titles such as Buffalo Gold, Players Paradise, Lightning Link, Royal Reels, Dragon Link, Diamond Lotto, Ultimate Fire Link, and Bao Bao Riches, available to adult walk-in guests aged 21 and older.
• The Card Room (Live Table Games) Live dealer table games area offering Ultimate Texas Hold 'Em, Three Card Poker, I Luv Suits Poker, DJ Wild Stud Poker, Casino War, and Run'Em Twice Poker, with table minimums starting at $5 (described as the lowest in South Florida) and a current Bad Beat Jackpot of $125,000.
• Electronic Table Games Electronic casino table games including electronic roulette and electronic blackjack, providing a digital alternative to traditional dealer-led table gaming on the casino floor.
• Backyard Casino Outdoor, open-air smoking casino located just outside the South entrance featuring slot machines such as Royal Reels, Liberty 7's, and Diamond Lotto, with complimentary drink service for guests who prefer outdoor smoking access.
• Club Calder (Players Club Loyalty Program)

Quantifiable outcome

• $100-$2,500 Free Play guaranteed for new Players Club members
• +3 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Churchill Downs IncorporatedcoreOthersCalder Casino is owned and operated by Churchill Downs Incorporated (CDI), one of the largest gaming companies in the United States. CDI operates a portfolio of gaming properties including racetracks, casinos, and online wagering platforms. The property benefits from CDI's operational expertise, marketing resources, and brand recognition in the gaming industry.

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Magic City Casino: Slot-machine and entertainment property located in Miami, FL. Operates a similar standalone cardroom/slot model with dining and live entertainment, competing head-to-head with Calder for South Florida gaming customers.
• Hialeah Park Racing & Casino: Historic Hialeah, FL racino offering slots, table games, and live racing/dining. Closely comparable racino format, Miami-Dade location, and slot-focused GTM to Calder's.
• Gulfstream Park Racing and Casino: Broward County racino owned by CDI's competitor The Stronach Group. Competes directly with Calder on slots, poker, racing, and South Florida entertainment dollars.
• Mardi Gras Casino: Slot-and-cardroom property in Hallandale Beach, FL. Direct competitor in the South Florida slot and table-game segment with a similar value-positioning strategy.
• Dania Casino: Slot and cardroom operator in Dania Beach, FL on the Miami-Dade/Broward line. Operates a near-identical model to Calder and competes for the same drive-trade customer base.
• Casino Miami: Miami-based slot operator with a smoke-free floor and electronic table games. Competes with Calder in the Miami-Dade gaming market on slot choice and value promotions.
• The Big Easy Casino: Slots-and-poker cardroom in Hallandale Beach, FL. Comparable single-property South Florida competitor with a strong poker offering and recurring promotions.

Broad incumbents

• Seminole Hard Rock Hotel & Casino: Dominant integrated resort operator in South Florida (Hollywood, FL) with hotel, poker, slots, table games, dining and entertainment. Captures the high-end segment that Calder targets only via aggressive promotions, and benefits from the tribal gaming compact.
• Penn Entertainment: Multi-property regional casino operator that provides benchmark economics on U.S. regional gaming assets. Comparable to CDI's portfolio-level scale and strategies to a non-South-Florida footprint.

Others

• Churchill Downs Incorporated: Calder's publicly-traded parent company (NASDAQ: CHDN). While not a competitor, the parent's broader portfolio, capital allocation, and South Florida strategy directly determine Calder's reinvestment trajectory and operational priorities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/caldercasino
• LinkedInlinkedin.com/company/calder-casino-and-race-course
• Instagraminstagram.com/caldercasino
• Xx.com/caldercasino

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Calder Race Course