Churchill Downs Considering Expanding Online Offerings; 50 new $100K jobs possible
04 September 2013
According to the Courier-Journal.com, Churchill Downs Inc is thinking outside the track when it comes to its online wagering potential. The 138-year-old race track that began the tradition of the Kentucky Derby recently received approval and tax incentives from the Kentucky Economic Development Finance Authority to add up to 50 employees as part of a $4 million expansion. The jobs would be contingent on state or federal government approval of online gambling.
Churchill Downs has offered legal online horse racing for a number of years though their TwinSpires.com site. Where the new employees will be located is a matter of debate at the moment, and Kentucky is providing as much as $1 million in state tax incentives for up to 10 years in order to keep them in state. The new employees could also either join team members in Mountain View, California, where the TwinSpires headquarters are located, or in Atlanta, where Churchill Downs other online gambling presence, Bluff Media, is housed. Churchill Downs acquired Bluff Media, an Atlanta-based online poker company, in February of 2012. The new employees are budgeted to make around $100,000 per year–roughly $81/hour.
Racing returns to the tracks on Friday, September 6, 2013.