billion dollar expansion of Churchill Downs

Churchill Downs Incorporated (CDI) has decided to pause the multi-year projects to develop The Skye, Conservatory and Infield areas "due to the increasing uncertainty surrounding construction costs related to the Trump tariffs and trade disputes as well as current macro-economic conditions," the company said in a press release on Wednesday afternoon. During their first quarter earnings call after the market closed, CDI said in the coming months it will assess the evolving economic landscape and evaluate any changes to the timing and sequencing of these multi-year projects. Chief Executive Officer...