LOUISVILLE, Ky., March 16, 2011 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq:CHDN) today announced that Executive Vice President and Chief Financial Officer William E. Mudd will present to attendees of the Sidoti & Company LLC Fifteenth Annual Emerging Growth Institutional Investor Forum on Tuesday, March 22, at approximately 8:40 a.m. EDT. The conference will take place March 22-23 at The Grand Hyatt Hotel in New York City.

Following Mudd's presentation, one-on-one and small group meetings with institutional investors are available upon request at the event. A copy of the investor presentation will be available March 22 through the "events and presentations" section of the company's investors relations website located at http://ir.churchilldownsincorporated.com/events.cfm.

Churchill Downs Incorporated ("CDI"), headquartered in Louisville, Ky., owns and operates four world renowned Thoroughbred racing facilities: Arlington Park in Illinois, Calder Casino and Race Course in Florida, Churchill Downs Racetrack in Kentucky and Fair Grounds Race Course & Slots in Louisiana. CDI operates slot and gaming operations in Louisiana, Florida and Mississippi.  CDI tracks are host to North America's most prestigious races, including the Arlington Million, the Kentucky Derby and the Kentucky Oaks, the Louisiana Derby and the Princess Rooney, along with hosting the Breeders' Cup World Championships for a record eighth time on Nov. 4-5, 2011.  CDI also owns off-track betting facilities, TwinSpires.com, United Tote, television production, telecommunications and racing service companies such as BRIS and a 50-percent interest in the national cable and satellite network, HorseRacing TV, which supports CDI's network of simulcasting and racing operations. CDI trades on the NASDAQ Global Select Market under the symbol CHDN and can be found at www.ChurchillDownsIncorporated.com.

CONTACT: Julie Koenig Loignon

         (502) 636-4502

         Julie.Koenig@kyderby.com