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Sixth Circuit upholds injunction protecting TwinSpires in Michigan licensing dispute

Regulation

The US Court of Appeals for the Sixth Circuit upheld a preliminary injunction barring Michigan’s gaming regulator from enforcing state horse-racing licensing rules against TwinSpires, according to its 16 December opinion. The court said Churchill Downs was likely to show that the federal Interstate Horseracing Act pre-empts Michigan’s requirement for a third-party facilitator licence; the case remains ongoing.

The ruling allows TwinSpires to continue operating in Michigan while the dispute over state licensing authority proceeds.

End-of-day close Churchill Downs (CHDN), USD, to 30 January 2026
Story date3 November 202530 January 2026

Latest reported results

Churchill Downs NASDAQ: CHDN

Quarter ended 30 September 2026

Revenue
USD 696.0m10-Q filing 0000020212-26-000084
Operating income
USD 143.0m10-Q filing 0000020212-26-000084

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