Churchill Downs Incorporated Launches TwinSpires Account-Wagering Service on May 2.Customers Can Register Beginning at 9 a.m. EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT on May 2 to Wager on Churchill Downs' 2007 Spring Meet, Kentucky Derby Kentucky Derby One of the classic U.S. Thoroughbred horse races. It was established in 1875 and run annually on the first Saturday in May at Churchill Downs track in Louisville, Ky. With the Preakness and the Belmont Stakes, it makes up U.S. racing's coveted Triple Crown. and Oaks LOUISVILLE, Ky. -- Churchill Downs Incorporated Churchill Downs Incorporated (NASDAQ: CHDN) is the parent company of Churchill Downs. The company owns several other thoroughbred and standardbred racetracks. History (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CHDN) today announced that its new advance deposit wagering service, TwinSpires (www.twinspires.com), will launch on Wednesday, May 2, at 9 a.m. EDT, to accept wagers on the 2007 Spring Meet at Churchill Downs Churchill Downs, Ky.: see Louisville. racetrack, and the 133rd renewals of the Grade I Kentucky Derby Presented by Yum! Brands Yum! Brands, Inc. (NYSE: YUM) or Yum! is a Fortune 500 corporation, that operates or licenses A&W (excluding Canada), KFC, Long John Silver's, Pizza Hut, and Taco Bell restaurants worldwide. Based in Louisville, Kentucky, it is the world's largest quick-service (a.k.a. on May 5 and the Kentucky Oaks The Kentucky Oaks is a Grade I stakes race for three-year-old Thoroughbred fillies staged annually in Louisville, Kentucky. The race currently covers 1⅛ miles (1811 metres) at Churchill Downs; carry 121 pounds (55 kg). (GI) on May 4. Beginning May 2 at 9 a.m. EDT, customer can register for the new account-wagering service by visiting the TwinSpires Web site, www.twinspires.com, and clicking on the "Register Now" button on the home page. Registration is subject to applicable rules and restrictions. The TwinSpires Web site (www.twinspires.com) will activate at 9 a.m. EDT on May 2. Player Services Representatives will be available to assist customers beginning at 9 a.m. EDT / 6 a.m. EDT on May 2. Customers may contact the TwinSpires Player Services Center at 1-877-SPIRES-1 for assistance. Customers may open a TwinSpires account with a minimum deposit of $50 and wager through their TwinSpires accounts online at www.twinspires.com or via telephone by dialing 1-877-SPIRES-1 (1-877-774-7371). After an initial $50 deposit to open a TwinSpires account, there is no minimum deposit amount. Customers may deposit funds into their TwinSpires accounts at any time via their phone, the TwinSpires Web site or postal mail. The TwinSpires team is working to set up deposit and withdrawal locations at all Churchill Downs-operated racetracks where customers can deposit or withdraw funds from their accounts in person. TwinSpires will update customers on the availability of on-track deposits and withdrawals when these are available. TwinSpires charges no fees to register, wager or to maintain an account, and TwinSpires offers free live video streaming See streaming video and video stream. of races and free race replays to all wagering customers. In addition, TwinSpires Club members will now earn points on all wagers placed through www.twinspires.com or by telephone (1-877-SPIRES-1) in addition to the points they have historically earned on on-track and off-track wagers. "Churchill Downs Incorporated is pleased to launch TwinSpires, our new account-wagering service, in time for racing fans across the country to wager on America's premier horse race, the Kentucky Derby, as well as on races from Churchill Downs, Santa Anita Santa Anita may refer to:
The track was initially opened as the "Union Race Course" in 1852. , Pimlico Race Course Pimlico Race Course is a horse racetrack in Baltimore, Maryland, most famous for hosting the Preakness Stakes. Pimlico officially opened in the fall of 1870, with the colt Preakness winning the first running of the Dinner Party Stakes. , Lone Star Park Lone Star Park is a horse racing track located in Grand Prairie, Texas. History Lone Star Park opened in 1997. The track offers separate meets for Thoroughbred racing and Quarter Horse racing. In October of 2002, Magna Entertainment Corp. , Golden Gate Fields Golden Gate Fields is a horse racing track straddling both Albany, California and Berkeley, California along the shoreline of San Francisco Bay adjacent to the , Laurel Park Laurel Park can refer to:
"Thousands of customers have expressed interest in signing up for a TwinSpires account. TwinSpires offers customers a modern, convenient and secure way to place wagers on horse races Flat races Argentina
"Our primary goal for the first release of our wagering platform is to offer an easy to use and secure account-wagering service in time for this year's Kentucky Derby, and we've accomplished that. But this is just the beginning. During the next few months, we plan to introduce new content, features and handicapping tools that will further distinguish TwinSpires from its competitors. We look forward to working closely with our customers as we continue to improve the site and add new offerings." Customers can visit the Frequently Asked Questions (FAQ (Frequently Asked Questions) A group of commonly asked questions about a subject along with the answers. Vendors often display them on their Web sites for use as troubleshooting guidelines. ) section of www.twinspires.com for additional information on how to register for a TwinSpires account, deposit funds into an account, view the list of racetracks they can wager on through TwinSpires accounts. Customers may contact the TwinSpires Player Services Center at 1-877-SPIRES-1 for assistance. Information about how to register for an account and deposit funds into a TwinSpires account is provided on pages 3-4 of this news release. TwinSpires is currently authorized to accept wagers from the following states: Kentucky, Louisiana, Maryland, Montana, New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). , North Dakota North Dakota, state in the N central United States. It is bordered by Minnesota, across the Red River of the North (E), South Dakota (S), Montana (W), and the Canadian provinces of Saskatchewan and Manitoba (N). , Ohio, Oregon, South Dakota South Dakota (dəkō`tə), state in the N central United States. It is bordered by North Dakota (N), Minnesota and Iowa (E), Nebraska (S), and Wyoming and Montana (W). , Washington and Wyoming. Customers are encouraged to visit www.twinspires.com regularly to view new additions to this list. TwinSpires customers in Florida may place wagers by phone only. TwinSpires (www.twinspires.com) is the official advance deposit wagering service for Churchill Downs Incorporated (NASDAQ: CHDN) and its family of racetracks, as well for the Kentucky Derby and Kentucky Oaks. TwinSpires is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Churchill Downs Incorporated and offers wagering on races from Churchill Downs, Santa Anita, Gulfstream Park, Fair Grounds Race Course, Pimlico Race Course, Lone Star Park, Golden Gate Fields, Laurel Park and other popular racing venues. TwinSpires is headquartered in Mountain View, Calif., and operates a wagering hub in Oregon. Churchill Downs Incorporated ("Churchill Downs"), headquartered in Louisville, Ky., owns and operates world-renowned horse racing venues This is a list of horse racing venues, sorted by country. In the United States they are usually called horse racing tracks, and in most other English speaking countries they are usually called racecourses. throughout the United States. Churchill Downs' four racetracks in Florida, Illinois, Kentucky and Louisiana host many of North America's most prestigious races, including the Kentucky Derby and Kentucky Oaks, Arlington Million, Princess Rooney Handicap The Princess Rooney Handicap is a Thoroughbred horse race run annually at Calder Race Course in Miami Gardens, Florida. Named for the U.S. Hall of Fame filly, Princess Rooney, the race is for fillies and mares three-years-old or older. and Louisiana Derby. Churchill Downs racetracks have hosted seven Breeders' Cup World Championships. Churchill Downs also owns off-track betting facilities and has interests in various advance deposit wagering, television production, telecommunications and racing services companies, including a 50-percent interest in the national cable and satellite network HorseRacing TV[TM], that support the Company's network of simulcasting and racing operations. Churchill Downs trades on the NASDAQ Global Select Market under the symbol CHDN and can be found on the Internet at www.churchilldownsincorporated.com. FREQUENTLY ASKED QUESTIONS How do I sign up for a TwinSpires account? To establish and maintain a wagering account on TwinSpires, you must: * Visit www.twinspires.com and click on the "Register Now" button on the home page. * Be at least 18 years old. (If you are a resident of Washington then you must be 21 years old to wager online.) * Be a United States citizen or resident alien Resident Alien A foreigner who is a permanent resident of the country he or she resides, but does not have citizenship. Notes: Resident and non-resident aliens have different filing advantages and disadvantages. . * Be a resident of one of the following states: Florida, Kentucky, Louisiana, Montana, North Dakota, Ohio, Oregon, South Dakota, Washington or Wyoming. * Provide the following personal information: name, phone number, e-mail address, residence address, mailing address (if different), social security number and driver's license number and state. * Have read and agree to abide by To stand to; to adhere; to maintain. See also: Abide all of the Terms and Conditions set forth by www.twinspires.com. * Allow TwinSpires to use third party services to authenticate your account information. All information used to authenticate your account is kept confidential. * Agree to pay all charges posted to your TwinSpires account. * Allow TwinSpires to open an advance deposit wagering ("ADW See Key:Enterprise. ") account in your name and to manage funds on your behalf. How do I deposit funds into my TwinSpires account? Deposits can be made by phone, Web site or postal mail. (Customers will eventually be able to make deposits in person at any Churchill Downs-owned racetrack.) A minimum deposit of $50 is required to establish an account with TwinSpires. After the initial deposit, there is no minimum deposit amount. * By Phone: Credit card cash advance deposits will be processed by our Player Services Center over the phone. Credit card cash advance transactions will be limited to $1,000 per day; $3,000 per seven days; and $5,000 per 30 days. Funds deposited via credit card cash advance will be made available for use immediately. * By Web site: Deposits can be made at www.twinspires.com via direct deposit. The first direct deposit (e-check) is limited to $500. The funds from the first e-check deposit will be immediately available. Subsequent direct deposit transactions will not be accepted until the first direct deposit transaction has successfully cleared the banking system and www.twinspires.com has received the funds. This typically takes two to three business days. Once subsequent direct deposit transactions are allowed, funds will be made available immediately upon processing transaction. There is no monthly maximum on direct deposit transactions; however, there is a cumulative $5,000 daily limit unless a higher limit is approved by www.twinspires.com. Direct deposit transactions returned for any reason will result in a $25 charge to a player's account and may result in limits being placed on the amount of future direct deposit transfers. If the first direct deposit transfer does not clear the banking system, all funds in the account will be frozen and, if necessary collection procedures will begin. * By Mail: Personal checks are accepted via mail. Personal checks will be credited to a player's account as soon as the personal check, has cleared the banking system. This typically takes five to seven business days. Personal checks returned for any reason will result in a $25 charge to a player's account. * TwinSpires players may check account balances by logging into the official Web site, www.twinspires.com, or by calling the Player Services Center at 1-877-SPIRES-1 (1-877-774-7371). How much I can deposit? In order to open your account you must deposit at least $50. This is a requirement of the state of Oregon, where TwinSpires is licensed. After the initial deposit, there is no minimum deposit amount. There is no maximum amount allowed in your account. However, each deposit transaction may be limited by the method used to fund the account, as follows: * Credit Card (Cash Advance): Your first credit card cash advance transaction is limited to $250. Subsequent credit card cash advance transactions are limited to no more than $1,000 per day, $3,000 per seven-day period and $5,000 per 30-day period. * Direct Deposit (ACH): Your first direct deposit is limited to $500. Further direct deposits will be accepted only after your first deposit has cleared the banking system (usually two to three business days). Thereafter, direct deposits are limited to one (1) transaction per day and $5,000 per transaction. * Cash, personal check, and wire transfer transactions: Deposit amounts are not limited, but availability of funds may be subject to waiting periods. All deposits are subject to federal, state and local regulatory reporting requirements. |
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