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SATELLITE WAGERING SIGNATURE DRIVES SUCCESSFUL IN ALEXANDRIA, ARLINGTON, HAMPTON

 LOUISVILLE, Ky., Sept. 3 /PRNewswire/ -- Churchill Downs (NASDAQ SmallCap: CHDN) announced today that its effort to place satellite (off-track) wagering on the ballot in key Virginia jurisdictions this November has been completely successful.
 In Northern Virginia, residents in the city of Alexandria and neighboring Arlington County will have the opportunity to approve satellite wagering facilities for their areas on Election Day, November 2. In the south, the city of Hampton voters will consider a satellite initiative.
 "This is a major step forward in bringing a new racetrack and supporting satellite centers to Virginia," commented Tom Meeker, president of Churchill Downs. "It gives us the chance to carry to the voters the story of Virginia's great horse racing tradition and its exciting future."
 Signatures of at least five percent of registered voters in those areas were required to secure a place on the ballot. Churchill successfully collected more than 3,000 signatures each for Alexandria and Hampton, and nearly 5,000 for Arlington.
 "Our work on the signature drives serves to clearly demonstrate our continuing commitment and leadership in bringing racing to Virginia," Meeker said.
 Signatures verified by the voter registration offices in each jurisdiction were delivered to the respective circuit courts, which in turn issued orders for the questions to be placed before voters in November.
 Virginia law provides for a maximum of six satellite centers to be developed around the state in conjunction with the construction of a new racetrack. Local options for satellite wagering already have been approved by voters in Virginia Beach, Richmond and Henrico County. The Virginia Racing Commission will accept applications to develop the project on October 1, and will award the license after a review process likely to extend into early 1994.
 Churchill Downs is proposing to construct a racetrack in Virginia Beach, the largest city in the state and the center of one of the country's most popular vacation and tourism destinations. It would then send the races from that facility, as well as races from out-of-state, to the network of modern satellites throughout the Commonwealth.
 Racing Resource Group, Inc., an Alexandria-based firm specializing in gaming issues, coordinated the campaign and will oversee the effort to have the initiatives passed in November.
 "The satellite centers are a key component in bringing a healthy and progressive racing system to Virginia," commented Tom Aronson, president of Racing Resource Group. "The key element in getting approval by voters this fall will be to demonstrate to the communities and their elected officials that these centers will be bright, exciting, attractive additions to the entertainment environment."
 Churchill Downs, the world's most legendary racetrack, is a publicly held company that conducts Thoroughbred racing. The track was established in 1875 and is home of the Kentucky Derby. The 120th running of the Derby will be held May 2, 1994. Churchill Downs trades on NASDAQ SmallCap market under the symbol CHDN.
 -0- 9/3/93
 /CONTACT: Communications Dept., Churchill Downs Incorporated, 502-636-4460/
 (CNDN)


CO: Churchill Downs Incorporated; Racing Resources Group, Inc. ST: Kentucky, Virginia IN: LEI ENT SU:

DF -- CH013 -- 8987 09/03/93 17:34 EDT
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Publication:PR Newswire
Date:Sep 3, 1993
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