The rapid rise of online betting has prompted Churchill Downs to reassess its operations. The renowned racetrack has announced the closure of its on-site sportsbook, located on the second floor of the clubhouse. This decision reflects a broader trend in the industry where digital platforms are increasingly favored by bettors. According to industry reports, nearly all sports betting activity now occurs through mobile applications like FanDuel, making it financially unviable for Churchill Downs to continue operating a physical sportsbook. The company plans to redirect its resources towards more profitable ventures.

Since its opening in September 2023, the Churchill Downs sportsbook operated for just under a year and a half. During this period, Kentucky's sports betting market saw significant growth, with over $3.5 billion wagered on sports across the state. However, only a small fraction of these bets—approximately $125 million—were placed at physical locations. The overwhelming majority of bets were made online, highlighting the shift in consumer preferences. Despite the closure, Churchill Downs will continue to offer services such as simulcast horse racing betting on site, and other facilities owned by the company remain operational.

The transition to digital platforms signifies a new era for Churchill Downs and the broader sports betting industry. By embracing this change, the company can focus on enhancing its online offerings and meeting the evolving needs of its customers. This strategic move not only aligns with current trends but also positions Churchill Downs for future success in an increasingly digital world. The closure marks a pivotal moment in the company’s history, demonstrating its commitment to adaptability and innovation.