Diamond Reels Casino
Vital factors that might trigger precise outcomes to differ materially from expectations include the next: the impression of the COVID-19 pandemic and related economic matters on our results of operations, monetary conditions and prospects; the impact of financial circumstances on our consumers’ confidence and discretionary spending or our access to credit score; extra or increased taxes and charges; public perceptions or lack of confidence within the integrity of our business or any deterioration in our status; loss of key or extremely expert personnel; restrictions in our debt services limiting our flexibility to function our enterprise; basic risks associated to real estate possession, including fluctuations in market values and environmental regulations; catastrophic events and system failures disrupting our operations; on-line safety risk, together with cyber-safety breaches; inability to recuperate under our insurance coverage policies for damages sustained at our properties in the event of inclement weather and casualty events; increases in insurance prices and inability to obtain related insurance coverage sooner or later; inability to identify and complete acquisition, growth or divestiture tasks, on time, on funds or as planned; issue in integrating latest or future acquisitions into our operations; costs and uncertainties referring to the development of new venues and enlargement of current amenities; risks related to equity investments, strategic alliances and different third-occasion agreements; inability to answer rapid technological modifications in a well timed manner; inadvertent infringement of the intellectual property of others; inability to protect our personal intellectual property rights; fee-associated dangers, reminiscent of risk associated with fraudulent credit card and debit card use; compliance with the Overseas Corrupt Practices Act or relevant cash-laundering rules; risks related to pending or future authorized proceedings and other actions; inability to negotiate agreements with industry constituents, including horsemen and other racetracks; work stoppages and labor issues; changes in client preferences with respect to Churchill Downs Racetrack and the Kentucky Derby; private damage litigation associated to accidents occurring at our racetracks; weather and other conditions affecting our skill to conduct stay racing; the occurrence of extraordinary occasions, corresponding to terrorist attacks and public health threats; modifications in the regulatory surroundings of our racing operations; increased competitors in the horseracing enterprise; issue in attracting a enough variety of horses and trainers for full area horseraces; our inability to make the most of and supply totalizator companies; adjustments in regulatory setting of our on-line horseracing enterprise; quantity of people wagering on stay horse races; improve in competition in our online horseracing; uncertainty and adjustments in the legal landscape relating to our online wagering business; continued legalization of on-line sports betting and iGaming within the United States and our potential to foretell and capitalize on any such legalization; inability to broaden our sports betting operations and effectively compete; failure to handle risks related to sports activities betting; failure to adjust to laws requiring us to dam access to sure individuals might end in penalties or impairment with respect to our cellular and on-line wagering products; elevated competitors in our jackpot city casino business; changes in regulatory atmosphere of our casino business; and focus and evolution of slot machine manufacturing and other know-how conditions that could impose additional costs; and inability to collect gaming receivables from the customers to whom we extend credit score. LOUISVILLE, Ky., March 25, 2020 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) introduced in the present day the short-term furlough of workers at certain properties that quickly ceased operations following local or state government-ordered closure undertaken to combat the impression of the COVID-19 pandemic. Oaklawn Park announced that it’s going to continue racing without fans, but after it was revealed March 15 that two individuals tested optimistic for COVID-19 in Garland County, the Arkansas observe made the choice to voluntarily close the casino for 2 weeks efficient March 16-30. This contains Silks Bar and Grill, Bistro 2705, and the Sports Book. The state racing commission announced this week that it’s contemplating two functions for a casino in Pope County, based on the Arkansas Times.
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