FAIR GROUNDS TO INCREASE OVERNIGHT PURSES 10% FOR REMAINDER OF THE MEET

NEW ORLEANS (March 4, 2015) � As a result of an increase in pari-mutuel handle and increased slots and video poker revenue in 2015, Fair Grounds Race Course & Slots has announced a 10% increase in overnight purses for the remainder of the 143rdthoroughbred racing season.

�I am pleased to announce this purse increase,� said Fair Grounds Track President Tim Bryant. �We are appreciative of all of our owners and horsemen for the help they have given us to produce an attractive live racing product to which bettors and racing fans have responded positively.�

The 10% purse increase will go into effect on Saturday, March 7.

About Fair Grounds Race Course & Slots

Fair Grounds Race Course & Slots, the nation�s third-oldest racetrack, has been in operation since 1872. Located in New Orleans, Fair Grounds is owned by Churchill Downs Incorporated (NASDAQ Global Select Market: CHDN); it also operates a slot-machine gaming facility and 11 off-track betting parlors throughout southeast Louisiana. The 143rd Thoroughbred Racing Season � highlighted by the 102nd running of the Louisiana Derby � will run from November 2014 through March 2015. More information can be found online at www.FairGroundsRaceCourse.com.