MIAMI GARDENS, Fla. (Dec. 22, 2008) – Officials of Churchill Downs Incorporated (NASDAQ: CHDN) (“CDI”) and representatives of the Florida Horsemen's Benevolent and Protective Association (“FHBPA”) have come to an agreement on the distribution of live racing signals from Calder Race Course (“Calder”) to national advance-deposit wagering (“ADW”) platforms.

The one-year agreement covers the remainder of the current Tropical Meet at Calder, ending Jan. 2, 2009, and the 2009 Calder and Tropical meets.

“We are happy to have this done for our customers,” said Kevin Flanery, senior vice president of Churchill Downs Incorporated, Calder’s parent company. “Our customers have been very patient over the last eight months while wagering on Calder has not been available to ADW providers, including our own TwinSpires.com. They have waited a long time for this and we can now focus on providing them quality racing.”

The Calder signal, which had not been available to ADW providers since the Calder Meet began on April 21, will now be available via TwinSpires.com and XpressBet.com. Similar arrangements are being offered to TVG and YouBet.com.

Details of the agreement were not disclosed.

The 109-day Calder Meet ran from April 21 to October 19. The 51-day Tropical Meet runs from Oct. 23 to Jan. 2, 2009.