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CHDN

Churchill Downs Incorporated

Sector: consumer cyclicalGambling, Resorts & CasinosNASDAQMarket Cap: $6.53B

Churchill Downs Incorporated (CHDN) operates pari-mutuel wagering and gaming facilities, with a primary political signal being a single congressional sale and an executive branch holding by Donald J. Trump valued under $1,001.

Govt Dependence
85/100
Regulatory Density
95/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat CHDN does

Churchill Downs Incorporated owns and operates pari-mutuel wagering facilities, including its flagship Churchill Downs racetrack, and engages in online wagering and casino gaming. Its revenue is derived from live and historical racing, casino gaming, and online sports betting operations. The company's model is heavily dependent on state-level gaming regulations and licensure.

6 months past · 3 months futureCHDN activity timeline

$121$101$81 DecJan '26FebMarAprMayJunJulAug ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · May 18 $117.59 hi $83.62 lo $98.65 CONGRESS 30 INSIDERS 0 13F FUNDS 0 BILLS 0
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
109 trading days · 0 congressional trades shown · 0 insider buys · 0 13F filings · 0 past bill actions · 0 upcoming markups

Executive Branch ConflictsCHDN held by Trump-administration officials

1 cabinet/senior official reported CHDN positions in OGE Form 278 disclosures across 1 filings.

Lifetime Government AwardsCHDN federal contracts

CHDN doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Politicians Trading CHDNMembers of Congress with recent CHDN positions

2 politicians traded CHDN across 6 disclosed transactions totaling $48K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just CHDN). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading CHDN

2025-07-03 James Comer R-Kentucky · house sale $1,001 - $15,000
2025-07-03 James Comer R-Kentucky · house Sale $1,001 - $15,000
2025-01-13 Robert P. Bresnahan R-Pennsylvania · house sale $1,001 - $15,000
2025-01-13 Robert P. Bresnahan R-Pennsylvania · house Sale $1,001 - $15,000
2025-01-02 James Comer R-Kentucky · house purchase $1,001 - $15,000
2025-01-02 James Comer R-Kentucky · house Purchase $1,001 - $15,000
2023-04-05 Josh Gottheimer D-New Jersey · house sale $1,001 - $15,000
2023-04-05 Josh Gottheimer D-New Jersey · house Sale $1,001 - $15,000
2022-11-30 Susie Lee D-Nevada · house Sale $15,001 - $50,000
2022-11-30 Susie Lee D-Nevada · house sale $15,001 - $50,000
2021-08-20 Susie Lee D-Nevada · house Purchase $1,001 - $15,000
2021-08-20 Susie Lee D-Nevada · house purchase $1,001 - $15,000
30+ trades on file · most recent 2025-08-11

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

Stock awards & option exercises

12
stock awards · $1.1M market value
2026-04-21 VARGA PAUL C Director AWARD 2,257 sh $205K
2026-04-21 Lloyd Karole Director AWARD 2,257 sh $205K
2026-04-21 GRISSOM DOUGLAS C Director AWARD 2,257 sh $205K
2026-04-21 Carter Andrea M Director AWARD 2,257 sh $205K
2026-04-21 Rankin Richard Alex Director AWARD 2,257 sh $205K
2026-04-21 HARRINGTON DANIEL P Director AWARD 0 sh
2026-03-31 GRISSOM DOUGLAS C Director AWARD 382.67 sh $34K
2026-01-06 GRISSOM DOUGLAS C Director AWARD 116.68 sh $13K
For CHDN, executives receive stock primarily as compensation rather than via open-market purchases — typical for established large-cap firms.

Political ProfileWhere CHDN sits in Washington

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STRUCTURAL: No federal contracts (`get_government_precedent`), lobbying spend (`get_political_influence.lobbying.total_income: 0`), or donation patterns. EVIDENTIARY: One executive branch holding by Donald J. Trump valued under $1,001 (`get_executive_branch_exposure.by_ticker[0].holdings[0]`), two congressional sales by one member, and three recent corporate insider buys totaling ~$1.3M (`Recent corp insider Form 4 buys`). Net: Minimal direct federal entanglement but high inherent regulatory risk.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Increased federal scrutiny of online sports betting and gambling advertising.
    Federal Trade Commission (FTC), Department of Justice
    "No specific bill impacts in `Recent bill_impacts`, but high regulatory density score reflects industry-wide risk."

Regulatory opportunities

  • Potential federal legislation to standardize or legalize online sports betting across states.
    U.S. Congress
    "No specific bill carveouts in `Recent bill_carveouts`."

Capitol Hill AlliesChampions & critics

Congressional champions

  • No specific congressional champions identified.

Congressional critics

Member intelligence layer

Live signals + predictions for CHDN — for Founders

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Frequently AskedAbout CHDN & political exposure

Does Churchill Downs Incorporated (CHDN) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Churchill Downs Incorporated. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Which Trump cabinet officials own CHDN stock?
1 Trump cabinet members or senior White House staff have disclosed holdings in CHDN on their OGE 278 financial disclosures, including Donald J. Trump. See the Cabinet Conflicts panel for details.
Has Congress traded CHDN stock?
42 congressional trades by 5 unique members of Congress, most recently on 2025-07-03. See the Congressional Trading panel for politician-by-politician breakdown.
What is CHDN political risk profile?
Government dependence: 85/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track CHDN political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. CHDN data is updated daily from these official federal sources.