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Segment Information (Tables)
 3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]
 
Three Months Ended March 31,
(in millions)
2017
 
2016
Net revenue from external customers:
 
 
 
Racing:
 
 
 
Churchill Downs
$
2.3

 
$
2.3

Arlington
8.5

 
9.0

Fair Grounds
12.5

 
14.3

Calder
0.6

 
0.6

Total Racing
23.9

 
26.2

Casinos:
 
 
 
Oxford Casino
20.9

 
19.9

Riverwalk Casino
11.5

 
12.7

Harlow’s Casino
13.5

 
13.0

Calder Casino
21.4

 
20.3

Fair Grounds Slots
10.2

 
10.6

VSI
9.7

 
9.8

Saratoga
0.3

 
0.2

Total Casinos
87.5

 
86.5

TwinSpires
52.0

 
49.6

Big Fish Games:
 
 
 
Social casino
46.2

 
47.5

Casual and mid-core free-to-play
45.3

 
50.4

Premium
20.5

 
24.2

Total Big Fish Games
112.0

 
122.1

Other Investments
4.1

 
4.0

Net revenue from external customers
$
279.5

 
$
288.4



 
Three Months Ended March 31,
(in millions)
2017
 
2016
Intercompany net revenue:
 
 
 
Racing:
 
 
 
Churchill Downs
$
0.3

 
$
0.3

Arlington
1.0

 
1.0

Fair Grounds
0.9

 
1.0

Total Racing
2.2

 
2.3

TwinSpires
0.3

 
0.3

Other Investments
1.4

 
0.9

Eliminations
(3.9
)
 
(3.5
)
Intercompany net revenue
$
—

 
$
—
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Adjusted EBITDA by segment is comprised of the following:
 
Three Months Ended March 31, 2017
(in millions)
Racing
 
Casinos
 
TwinSpires
 
Big Fish
Games
 
Other Investments
 
Corporate
Net revenue
$
26.1

 
$
87.5

 
$
52.3

 
$
112.0

 
$
5.5

 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
Taxes & purses
(10.2
)
 
(29.1
)
 
(3.0
)
 
—

 
—

 
—

Platform & development fees
—

 
—

 
—

 
(41.5
)
 
—

 
—

Marketing & advertising
(0.7
)
 
(3.0
)
 
(1.0
)
 
(24.5
)
 
—

 
—

Salaries & benefits
(8.6
)
 
(13.1
)
 
(2.2
)
 
(7.0
)
 
(2.9
)
 
—

Content expense
(3.2
)
 
—

 
(25.4
)
 
—

 
—

 
—

SG&A expense
(3.8
)
 
(5.2
)
 
(2.7
)
 
(4.7
)
 
(0.8
)
 
(2.2
)
Research & development
—

 
—

 
—

 
(10.3
)
 
—

 
—

Other operating expense
(9.3
)
 
(11.4
)
 
(4.8
)
 
(3.7
)
 
(1.3
)
 
(0.2
)
Other income (expense)
—

 
9.6

 
—

 
—

 
0.1

 
—

 
 
 
 
 
 
 
 
 
 
 
 
Adjusted EBITDA
$
(9.7
)
 
$
35.3

 
$
13.2

 
$
20.3

 
$
0.6

 
$
(2.4
)

 
Three Months Ended March 31, 2016
(in millions)
Racing
 
Casinos
 
TwinSpires
 
Big Fish
Games
 
Other Investments
 
Corporate
Net revenue
$
28.5

 
$
86.5

 
$
49.9

 
$
122.1

 
$
4.9

 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
Taxes & purses
(11.2
)
 
(28.4
)
 
(2.8
)
 
—

 
—

 
—

Platform & development fees
—

 
—

 
—

 
(44.1
)
 
—

 
—

Marketing & advertising
(0.8
)
 
(3.4
)
 
(1.0
)
 
(42.8
)
 
—

 
—

Salaries & benefits
(8.4
)
 
(12.1
)
 
(2.3
)
 
(6.1
)
 
(2.7
)
 
—

Content expense
(3.3
)
 
—

 
(23.9
)
 
—

 
—

 
—

SG&A expense
(3.9
)
 
(5.1
)
 
(2.8
)
 
(4.9
)
 
(0.7
)
 
(1.8
)
Research & development
—

 
—

 
—

 
(10.8
)
 
—

 
—

Other operating expense
(8.4
)
 
(9.7
)
 
(5.0
)
 
(3.9
)
 
(0.7
)
 
(0.3
)
Other income (expense)
0.1

 
6.5

 
—

 
(0.6
)
 
—

 
0.1

 
 
 
 
 
 
 
 
 
 
 
 
Adjusted EBITDA
$
(7.4
)

$
34.3

 
$
12.1

 
$
8.9

 
$
0.8


$
(2.0
)

 

 

 
Three Months Ended March 31,
(in millions)
2017
 
2016
Reconciliation of Comprehensive Income to Adjusted EBITDA:
 
 
 
 
 
 
 
Comprehensive income
$
7.2

 
$
2.8

Foreign currency translation, net of tax
0.1

 
—

Net income
7.3

 
2.8

Additions:
 
 
 
Depreciation and amortization
24.5

 
27.0

Interest expense
11.8

 
10.6

Income tax provision (benefit)
4.5

 
(3.8
)
EBITDA
48.1

 
36.6

 
 
 
 
Adjustments to EBITDA:
 
 
 
Selling, general and administrative:
 
 
 
Stock-based compensation expense
4.9

 
4.1

Other charges
0.2

 
—

Other income, expense:
 
 
 
Interest, depreciation and amortization expense related to equity investments
3.5

 
2.5

Other charges and recoveries, net
—

 
0.4

Acquisition expense, net
0.2

 
2.7

Calder exit costs
0.4

 
0.4

Total adjustments to EBITDA
9.2

 
10.1

Adjusted EBITDA
$
57.3

 
$
46.7

 
 
 
 
Adjusted EBITDA by segment:
 
 
 
Racing
$
(9.7
)
 
$
(7.4
)
Casinos
35.3

 
34.3

TwinSpires
13.2

 
12.1

Big Fish Games
20.3

 
8.9

Other Investments
0.6

 
0.8

Corporate
(2.4
)
 
(2.0
)
Adjusted EBITDA
$
57.3

 
$
46.7
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block]
 
Three Months Ended March 31,
(in millions)
2017
 
2016
Casinos
$
6.1

 
$
4.1

Other Investments
—

 
(0.3
)
 
$
6.1

 
$
3.8
Reconciliation of Assets from Segment to Consolidated
(in millions)
March 31, 2017
 
December 31, 2016
Total assets:
 
 
 
Racing
$
437.1

 
$
454.6

Casinos
655.4

 
628.7

TwinSpires
205.5

 
209.9

Big Fish Games
900.0

 
893.8

Other Investments
10.1

 
11.1

Corporate
48.0

 
56.3

 
$
2,256.1

 
$
2,254.4

 
Three Months Ended March 31,
(in millions)
2017
 
2016
Capital expenditures:
 
 
 
Racing
$
23.6

 
$
9.4

Casinos
8.1

 
3.3

TwinSpires
3.2

 
1.9

Big Fish Games
2.0

 
1.2

Other Investments
0.4

 
0.2

Corporate
0.2

 
0.4

 
$
37.5

 
$
16.4