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Churchill Downs To Acquire 49% Stake In United Tote From The New York Racing Association's NYRA Content Management Solutions Unit; Terms Not Disclosed

Jul 29, 2026 · 04:26 PM ET· updated 3h ago

CDI sold a 49% interest in United Tote to NYRA in April 2024, and NYRA agreed to utilize United Tote for their racetrack and gaming related pari-mutuel wagering systems ("tote services"). Concurrent with this

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Why It Matters

Churchill Downs is buying back a 49% piece of a betting-system company called United Tote that it sold to a racing group just months ago. This shows the company is reshaping its betting technology business, though we don't know the price or what happens next.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.