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SBD/April 29, 2013/Facilities
Churchill Downs Installs New Wireless System In Collaboration With AT&T, Mobilitie
Published April 29, 2013
RUSH WEEK: In Louisville, Gregory Hall in a front-page piece writes Churchill Downs has been “able to boost its Kentucky Derby Week profits” by $15.3M over the past five years “by charging thousands of dollars for the right to buy tickets -- and charging hundreds, if not thousands, more for the tickets themselves.” About 55% of CDI's Derby week profit “comes from admission to the track -- which includes premium tickets that this year can easily cost hundreds of dollars, seat licenses costing as much as $75,000 and fees of as much as $50 to get into the Derby infield.” The tickets alone "represent nearly half the profit.” Churchill Downs Chair & CEO Bob Evans said that the Mansion seating area is “virtually sold out.” The track also is “adding a temporary, stadium-style 3,000-seat area in the clubhouse turn near the former Marquee Village, where tickets were priced up to $698 per person for a two-day package that included food and beverage” (Louisville COURIER-JOURNAL, 4/29).