Risk factors
Churchill Downs (CHDN) risk factors
Item 1A of every Churchill Downs Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors21 risks9 new3 dropped4 reworded
Churchill Downs added comprehensive risk disclosures covering machine supply costs, vendor tariffs, catastrophic technology failures, and real estate environmental liabilities.
Filed Feb 25, 2026 - FY2024 10-K risk factors15 risks
Company faces intense competition across physical, online, and mobile gaming and wagering platforms. Operations depend heavily on continuous technological advancements and software advantages. Heavy regulation, unionized labor, and debt covenants restrict operational flexibility.
Filed Feb 20, 2025