Churchill Downs will enter the US online gambling market
Churchill Downs, the iconic Louisville racetrack, is planning to increase its workforce by about 50 new members of staff as it prepares to enter the online gambling market in the US.
According to the Courier-Journal newspaper, Churchill Downs has been granted a $1 million (€760,000) tax incentive by the state of Kentucky toward its expansion.
The report said that the jobs would be in software development and related departments and would pay salaries of more than $100,000 per year.
The company’s chairman and chief executive officer, Bob Evans, said that the new employees would be linked to the gradual relaxation of online gambling laws across the US, and would expand “the technology team we already have based in Lexington, Kentucky, and Mountain View, California”.
Churchill Downs’ online horse racing betting business, TwinSpires.com, is based in Mountain View.
The company’s Bluff Media division, which operates a poker fan website and magazine, is based in Atlanta. In July, Bluff was approved an online poker licence to operate in the state of Nevada.
The company also has launched Luckity.com, a mobile and online platform where people can play games and win money with the results linked to horse races.