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Revenue from Contract with Customer (Tables)
 12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Net Revenue From External Customers and Intercompany Revenue From Each Operating Segment The tables below present net revenue from external customers and intercompany revenue from each of our segments:
 Years Ended December 31,
(in millions)202220212020
Net revenue from external customers:
Live and Historical Racing:
Churchill Downs Racetrack$196.8 $128.1 $63.3 
Louisville169.9 154.3 79.5 
Northern Kentucky46.1 26.0 10.2 
Southwestern Kentucky131.4 100.7 16.6 
Western Kentucky4.5 — — 
Virginia62.4 — — 
New Hampshire3.5 — — 
Total Live and Historical Racing$614.6 $409.1 $169.6 
TwinSpires:$436.4 $451.4 $430.1 
Gaming:
Florida$106.2 $100.0 $51.8 
Iowa15.6 — — 
Louisiana140.8 133.6 97.6 
Maine114.4 99.8 44.9 
Maryland105.3 100.6 60.2 
Mississippi101.8 117.3 87.0 
New York30.9 — — 
Pennsylvania140.9 144.1 93.8 
Total Gaming$755.9 $695.4 $435.3 
All Other2.9 41.3 19.0 
Net revenue from external customers$1,809.8 $1,597.2 $1,054.0 
Intercompany net revenues:
Live and Historical Racing$31.8 $21.5 $19.2 
TwinSpires5.26.4 5.5 
Gaming5.9 3.0 2.5 
All Other0.4 7.9 7.8 
Eliminations(43.3)(38.8)(35.0)
Intercompany net revenue$— $— $— 
Year Ended December 31, 2022
(in millions)Live and Historical RacingTwinSpiresGamingTotal SegmentsAll OtherTotal
Net revenue from external customers
Pari-mutuel:
Live and simulcast racing$66.8 $367.4 $28.1 $462.3 $— $462.3 
Historical racing(a)
374.1 — 9.8 383.9 — 383.9 
Racing event-related services129.8 — 1.8 131.6 — 131.6 
Gaming(a)
3.5 28.2 647.4 679.1 — 679.1 
Other(a)
40.4 40.8 68.8 150.0 2.9 152.9 
Total$614.6 $436.4 $755.9 $1,806.9 $2.9 $1,809.8 
Year Ended December 31, 2021
(in millions)Live and Historical RacingTwinSpiresGamingTotal SegmentsAll OtherTotal
Net revenue from external customers
Pari-mutuel:
Live and simulcast racing$64.0 $380.7 $28.2 $472.9 $29.7 $502.6 
Historical racing(a)
253.0 — — 253.0 — 253.0 
Racing event-related services68.5 — 1.2 69.7 7.0 76.7 
Gaming(a)
— 34.8 622.0 656.8 — 656.8 
Other(a)
23.6 35.9 44.0 103.5 4.6 108.1 
Total$409.1 $451.4 $695.4 $1,555.9 $41.3 $1,597.2 
Year Ended December 31, 2020
(in millions)Live and Historical RacingTwinSpiresGamingTotal SegmentsAll OtherTotal
Net revenue from external customers
Pari-mutuel:
Live and simulcast racing$46.5 $387.5 $22.9 $456.9 $18.2 $475.1 
Historical racing(a)
93.6 — — 93.6 — 93.6 
Racing event-related services21.0 — 3.4 24.4 0.3 24.7 
Gaming(a)
— 11.3 381.3 392.6 — 392.6 
Other(a)
8.5 31.3 27.7 67.5 0.5 68.0 
Total$169.6 $430.1 $435.3 $1,035.0 $19.0 $1,054.0 
(a)Food and beverage, hotel, and other services furnished to customers for free as an inducement to wager or through the redemption of our customers' loyalty points are recorded at the estimated standalone selling prices in Other revenue with a corresponding offset recorded as a reduction in historical racing pari-mutuel revenue for HRMs or gaming revenue for our casino properties. These amounts were $33.9 million in 2022, $20.9 million in 2021, and $13.1 million in 2020
The tables below present net revenue from external customers and intercompany revenue from each of our segments, Adjusted EBITDA by segment and reconciles comprehensive income to Adjusted EBITDA:
Net revenue by segment is comprised of the following:
Years Ended December 31,
(in millions)202220212020
Live and Historical Racing$614.6 $409.1 $169.6 
TwinSpires436.4 451.4 430.1 
Gaming755.9 695.4 435.3 
All Other2.9 41.3 19.0 
Net Revenue$1,809.8 $1,597.2 $1,054.0