Segment Information (Tables)

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

	Three Months Ended March 31,
(in millions)	2016			2015
Net revenue from external customers:
Racing:
Churchill Downs	$	2.3		$	2.0
Arlington	9.0			5.8
Fair Grounds	14.3			15.3
Calder	0.6			0.7
Total Racing	26.2			23.8
Casinos:
Oxford Casino	19.9			17.5
Riverwalk Casino	12.7			13.2
Harlow’s Casino	13.0			13.7
Calder Casino	20.3			20.3
Fair Grounds Slots	10.6			12.1
VSI	9.8			9.2
Saratoga	0.2			—
Total Casinos	86.5			86.0
TwinSpires	49.4			45.4
Big Fish Games:
Social casino	47.5			49.6
Casual and mid-core free-to-play	50.4			21.5
Premium	26.7			30.0
Fair value adjustments	(2.5		)	(9.2		)
Total Big Fish Games	122.1			91.9
Other Investments	4.0			3.6
Corporate	0.2			0.2
Net revenue from external customers	$	288.4		$	250.9
Intercompany net revenue:
Racing:
Churchill Downs	$	0.3		$	0.2
Arlington	1.0			1.0
Fair Grounds	1.0			0.9
Total Racing	2.3			2.1
TwinSpires	0.3			0.2
Other Investments	0.9			0.8
Eliminations	(3.5		)	(3.1		)
Net revenue	$	—		$	—

	Three Months Ended March 31,
(in millions)	2016			2015
Reconciliation of segment Adjusted EBITDA to comprehensive income (loss):
Racing	$	(7.4	)	$	(9.2	)
Casinos	34.3			30.4
TwinSpires	12.1			10.1
Big Fish Games	15.0			20.0
Other Investments	0.8			0.4
Corporate	(2.0		)	(1.9		)
Total segment Adjusted EBITDA	52.8			49.8
Change in Big Fish Games deferred revenue	(6.1		)	(12.9		)
Big Fish Games adjustments	(2.7		)	(6.4		)
Stock-based compensation expense	(4.1		)	(2.7		)
Equity investments - interest, depreciation and amortization expense	(2.5		)	(2.0		)
Calder exit costs	(0.4		)	—
Other (charges) and recoveries, net	(0.4		)	6.1
Depreciation and amortization	(27.0		)	(27.4		)
Interest income (expense), net	(10.6		)	(7.3		)
Income tax benefit	3.8			1.2
Net income (loss)	2.8			(1.6		)
Foreign currency translation, net of tax	—			(0.3		)
Comprehensive income (loss)	$	2.8		$	(1.9	)

Reconciliation of Assets from Segment to Consolidated

	Three Months Ended March 31,
(in millions)	2016			2015
Casinos	$	4.1		$	2.6
Other Investments	(0.3		)	0.4
	$	3.8		$	3.0

	Three Months Ended March 31,
(in millions)	2016		2015
Capital expenditures:
Racing	$	9.4	$	3.3
Casinos	3.3		3.6
TwinSpires	1.9		1.6
Big Fish Games	1.2		1.2
Other Investments	0.2		0.1
Corporate	0.4		—
	$	16.4	$	9.8

(in millions)	March 31, 2016		December 31, 2015
Total assets:
Racing	$	416.8	$	437.1
Casinos	625.9		631.3
TwinSpires	204.6		202.4
Big Fish Games	946.7		947.1
Other Investments	10.4		12.2
Corporate	33.9		47.3
	$	2,238.3	$	2,277.4