LOUISVILLE, Ky., May 24, 2020 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“Nasdaq: CHDN”) and Aristocrat Leisure Limited (ASX: ALL) (“Aristocrat”) announced today that they have reached an agreement in principle to resolve Kater v. complaints. Churchill Downs, Inc. and Thimmegowda v. Big Fish Games, Inc. (the “Kater und Thimmegda” (the “Kater and Thimmegda” (the “Kater and Thimmegda” CDI sold Big Fish Games in January 2018 , Inc. to aristocrat. The agreement in principle remains subject to final approval by the U.S. Federal District Court for the Western District of Washington (the District Court). While we believe that the expectations expressed in such forward-looking statements are appropriate, we cannot guarantee that these expectations will prove to be correct.

Important factors that could lead to actual results being significantly different from expectations are: the impact of the new coronavirus pandemic (COVID-19) and related economic issues on our operating results, financial conditions and outlook; The impact of economic conditions on the confidence and discretionary spending of our consumers or on our access to credit; additional or increased taxes and royalties; Public perception or lack of confidence in the integrity of our business or the deterioration of our reputation; Loss of key or highly skilled personnel restrictions on our debt facilities that limit our flexibility in the operation of our operations; general risks associated with real estate ownership, including fluctuations in market values and environmental rules; Catastrophic events and system failures that disrupt our operations; Online security risks, including cybersecurity violations; The inability to recover damage to our properties in the event of bad weather and accidents as part of our insurance policies; increased insurance costs and inability to receive similar insurance coverage in the future; inability to identify and complete plans for acquisition, extension or forward, budgetary or planned divestiture; difficulties in integrating new or future acquisitions into our business The costs and uncertainties associated with the development of new sites and the expansion of existing facilities; Risks related to participation, strategic alliances and other third-party agreements; is not in a position to respond in a timely manner to rapid technological change; Involuntary infringements of the intellectual property of others; inability to protect our own intellectual property rights; payment-related risks, such as . B, the risks associated with the fraudulent use of credit and debit cards; Compliance with the Corruption Practices Act or applicable money laundering legislation; Risks associated with 10-year or future court proceedings and other actions; inability to negotiate agreements with industrial voters, including riders and other circuits; Work stoppages and work problems; changes in consumer preferences, participation, bets and sponsorships regarding Churchill Downs Racetrack and the Kentucky derby; Personal injury from injuries on our home circuits; weather and other conditions that affect our ability to race live; the emergence of exceptional events such as terrorist attacks and threats to public health; Changes in the regulatory environment of our races; Increased competition in the horse racing sector; difficulties in obtaining a sufficient number of horses and trainers for field horse racing; our inability to use and provide totalizator services; Changes in the regulatory environment of our online horse betting business; Number of people who bet on live horse racing; Increase competition in our online horse racing business; Uncertainty and changes in the legal landscape with respect to our online horse racing business; continued legalization of online sports betting and iGaming in the U.S. and our ability to predict and use a t