Derby City Gaming & Hotel

What Derby City Gaming & Hotel does

Derby City Gaming & Hotel operates two gaming, hospitality, and sports wagering properties in Louisville, Kentucky, serving adults 21 and older in the Louisville metropolitan area. The main property at 4520 Poplar Level Road, near Louisville International Airport, was expanded in 2023 into a hotel-and-gaming facility featuring over 1,300 electronic gaming machines, multiple dining venues (Oliver's Chop House & Bourbon Bar, Lil' Wagner's, Railbirds Hot Chicken, Sports & Stage Bar, and Center Bar), a Race & Sports Book with 15 sports betting kiosks and a 300-square-foot video board, and hotel accommodations. Derby City Gaming Downtown, opened December 6, 2023 at 401 W Market Street, adds nearly 500 more gaming machines, additional dining and lounge venues, outdoor patios, and a second Race & Sports Book in the downtown corridor across from the Kentucky International Convention Center. Combined, the two properties offer over 1,800 games.

The underlying technology stack is conventional gaming-industry infrastructure: electronic gaming machines for slots and electronic roulette, Historical Racing Machines (HRMs), TITO (Ticket-In Ticket-Out) ticketing, simulcast horse racing feeds, sports betting kiosks with a minimum $1 wager, and the Bet Builder mobile application that lets customers build pre-game combination bets, calculate payouts, and generate QR codes for kiosk redemption. The two properties are linked by the FastTrack Rewards loyalty program, which is shared across Churchill Downs Incorporated's broader portfolio and offers tiered status (Gold, Platinum, Triple Crown) with points redeemable for free play, table play, dining, hotel stays, and retail across participating CDI properties.

Derby City Gaming & Hotel is a property-level brand operated by Churchill Downs Incorporated (NASDAQ: CHDN), a publicly traded parent with nearly 150 years of racing heritage and a multi-state gaming portfolio. The company's revenue model is multi-stream: usage-based gaming revenue from machine handle, transaction-fee/take-rate sports betting revenue, hotel accommodations, food and beverage transactions, and loyalty-program redemption economics. The go-to-market is direct-to-consumer at the physical properties, supported by the website, organic social media, email, and the FastTrack Rewards program as a retention and acquisition tool.

Name

Derby City Gaming & Hotel

Legal name

Derby City Gaming & Hotel

Website

https://derbycitygaming.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

101–250 employees

Short description

Derby City Gaming & Hotel operates two Louisville, Kentucky gaming and hospitality properties — over 1,800 electronic gaming machines, sports betting, hotel, and dining — serving adult consumers (21+) under Churchill Downs Incorporated.

Ownership category

akta.pro rank

Product category

Casino Gaming and Hospitality

NAICS

Casino Hotels (721120), Casinos (except Casino Hotels) (71321), Gambling Industries (7132)

SIC

Services-Amusement & Recreation Services (7900), Hotels & Motels (7011)

akta.pro primary industry

Urban Casino Hotels (THAGAJAB)

akta.pro secondary industries

Electronic Table Games (ETGs) & Stadium Gaming (MPAEAJAC), Amusement/Redemption Arcade Machines (Ticket & Prize) (MPAEAJAD)

Keywords

• Electronic gaming machines
• Sports betting wagering
• Casino hospitality
• Horse racing simulcast
• Hotel accommodations

Headquarters

HQ city

Louisville, Kentucky

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Gaming Operations: Revenue from electronic gaming machines, electronic roulette, Historical Racing Machines (HRMs), and other casino-style games. Earns from player handle/wagering volume.
2. Sports Betting: Commission/wagering revenue from sports betting wagers placed at 15 sports betting kiosks across both properties. Includes straight bets, teasers, parlays, and futures on various sports.
3. Hotel Accommodations: Hotel rooms and suites at Derby City Gaming & Hotel location near the airport, including Horsemen's Hotel Package for racing enthusiasts.
4. Food & Beverage: Dining venues including Oliver's Chop House & Bourbon Bar, Lil' Wagner's, Railbirds Hot Chicken, Sports & Stage Bar, and Center Bar with 14 large TVs.
5. FastTrack Rewards Redemption: Points can be redeemed for free play, table play, dining, hotel stays, and retail purchases across participating CDI properties.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Derby City Gaming & Hotel operates two Louisville, Kentucky gaming and hospitality properties offering electronic gaming machines, sports betting, horse racing simulcast wagering, hotel accommodations, multiple dining venues, live entertainment, and the FastTrack Rewards loyalty program to adult consumers aged 21 and older. The combined properties feature over 1,800 gaming machines, 15 sports betting kiosks, and shared rewards across both venues.

Differentiator

Problem solved

Functional benefit

Products and services

• Electronic Gaming Machines

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Churchill Downs IncorporatedcoreStrategic or Co-development PartnerDerby City Gaming properties are owned and operated by Churchill Downs Incorporated (CDI), the parent company with nearly 150 years of racing heritage. CDI owns multiple gaming properties across multiple states including Indiana, Kentucky, New York, Virginia, and Florida. The FastTrack Rewards program connects Derby City Gaming with other CDI properties.
• Kentucky Horse Racing CommissioncoreOthersThe Race & Sports Book operations are regulated by the Kentucky Horse Racing Commission. Sports Book Rules are governed by KHRC regulations which supersede any conflicting Sports Book Rules.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/derby-city-gaming

Revenue estimate

Valuation estimate

Number of profiles

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 Derby City Gaming & Hotel