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Churchill Downs, Incorporated (CHDN) CEO William Carstanjen on Q2 2018 Results - Earnings Call Transcript

Aug. 04, 2018 7:43 AM ETChurchill Downs Incorporated (CHDN)
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Churchill Downs, Incorporated (NASDAQ:CHDN) Q2 2018 Earnings Conference Call August 2, 2018 9:00 AM ET


Nick Zangari - Vice President of Treasury, Investor Relations & Risk Management

William Carstanjen - Chief Executive Officer

Marcia Dall - Executive Vice President and Chief Financial Officer

William Mudd - President and Chief Operating Officer


Daniel Politzer - JPMorgan Chase & Co.

Erik Hellquist - Jefferies


Good day, ladies and gentlemen, and welcome to the Churchill Downs Incorporated 2018 Second Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will be given at that time. As a reminder, this conference call is being recorded.

I'd now like to introduce your host for today's conference, Mr. Nick Zangari, Vice President, Treasury and Investor Relations.

Nick Zangari

Thank you, Schnael. Good morning, and welcome to our 2018 second quarter earnings conference call. After the Company's prepared remarks, we will open the call for your questions. The Company's 2018 second quarter business results were released yesterday afternoon. A copy of this release announcing results and other financial and statistical information about the period to be presented in this conference call, including information required by Regulation G, is available at the section of the Company's website titled News located at churchilldownsincorporated.com as well as in the website's Investors Section.

Before we get started, I would like to remind you that some of the statements that we make today may include forward-looking statements. These statements involve a number of risks and uncertainties that could cause actual results to differ materially. All forward-looking statements should be considered in conjunction with the cautionary statements in our earnings release and the risk factors included in our filings with the SEC, specifically the most recent report on Form 10-Q and

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