Churchill Downs moved its online wagering operations

Jun 1, 2017 12:05 PM

“My Old Kentucky Home” finally applies to Churchill Downs Inc. and its TwinSpires wagering platform after the company’s announcement that it has moved its online wagering operations from California to Louisville.

The company said this week that after being based in Silicon Valley to access that regions tech savvy work force, the company is now confident it can fill those high-tech positions in Louisville.

CEO Bill Carstanjen said Tuesday, “When we thought the skill sets were strong enough here in the state where we could duplicate all of those skills, that’s when we really wanted to do it.” 

TwinSpires has become a vital profit center for the Louisville-based racing and gambling company as a mobile wagering platform for betting on thoroughbred, harness and quarter horse races.

The company says that in 2016, $1.1 billion was wagered through TwinSpires, amounting to 10 percent of total betting on U.S. races

At this time, TwinSpires employs more than 200 people. That includes some company functions that will continue in Lexington, Kentucky