LOUISVILLE, Ky. (AP) — The top executive at Churchill Downs Inc. says the gambling and racing company is looking for growth opportunities while coming off its successful financial performance in 2011.
Churchill CEO Robert Evans said Thursday the Louisville-based company takes a close look at casinos up for sale. He says the company has the resources to do more deals.
Evans spoke at the company’s shareholders meeting in Louisville.
Shareholders approved bonuses for four Churchill executives, the largest of which is up to $1.1 million for Evans. Shareholders also approved a performance-based incentive plan for top executives that could pay up to $5 million.
The company owns and operates its namesake racetrack in Louisville as well as racetrack and gaming operations in Florida and Louisiana, a racetrack in Illinois and a casino in Mississippi.
