Good Cheer Claims Victory at 151st Longines Kentucky Oaks

Good Cheer triumphed in the 151st Longines Kentucky Oaks, amidst notable wagering growth and a commitment to women’s health.

Race Highlights

Churchill Downs Incorporated confirmed that Good Cheer secured first place in the 151st Longines Kentucky Oaks, witnessed by over 100,000 fans despite challenging weather conditions. This race featured 13 fillies, with Good Cheer, trained by Brad Cox and ridden by Luis Saez, finishing 2 1/4 lengths ahead, clocking a time of 1:50.15. Total wagering for the race day hit $73.9 million, with $22.7 million specifically for the Oaks—an increase of 4% compared to last year. The event also placed a spotlight on women’s health initiatives, including a Survivor Parade that celebrated breast and ovarian cancer survivors. This initiative has successfully raised over $1.5 million for women’s health advocacy in Kentucky.

Positive Aspects

• Good Cheer’s win enhances its standing in the competitive racing landscape.
• Wagering on Kentucky Oaks race day surged to $73.9 million, emphasizing strong public interest.
• TwinSpires recorded a new high with $20.9 million wagered on the Oaks Day program, indicating robust growth in online betting.
• The Kentucky Oaks event raised more than $1.5 million for women’s health causes, underlining corporate social responsibility.

Potential Challenges

• Even with increased betting, the company faces risks from economic fluctuations, public attitudes toward gambling, and potential regulatory shifts.
• The press release acknowledged various uncertainties that could impact financial performance, including market competition and tech advancements.
• Forward-looking statements reveal caution regarding future results, highlighting operational risks that may hinder progress.

FAQs

Who won the 151st Longines Kentucky Oaks?

Good Cheer claimed victory in the 151st Longines Kentucky Oaks, finishing 2 1/4 lengths ahead.

What was the wagering amount for the Kentucky Oaks race day?

The total wagering across all sources for the Kentucky Oaks race day was $73.9 million.

How much did TwinSpires handle in wagering for Kentucky Oaks Day?

TwinSpires set a record with $20.9 million wagered on Churchill Downs races for Kentucky Oaks Day.

What initiatives does Churchill Downs support for women’s health?

Churchill Downs raises funds for women’s health initiatives through the Kentucky Oaks, supporting breast and ovarian cancer survivors.

What are Good Cheer’s lifetime earnings after winning the Oaks?

After winning the Longines Kentucky Oaks, Good Cheer’s lifetime earnings stand at $1.7 million.

$CHDN Congressional Stock Trading

In the past six months, members of Congress have conducted two trades involving $CHDN stock, including one purchase and one sale.

Here’s a breakdown of the recent $CHDN trading activity by Congressional members:

$CHDN Hedge Fund Activity

Recently, 206 institutional investors increased their shares of $CHDN stock, while 200 reduced their positions in the last quarter.

• CAPITAL RESEARCH GLOBAL INVESTORS cut 1,310,459 shares (-100.0%) in Q4 2024, valued at approximately $174,998,694.
• CAPITAL INTERNATIONAL INVESTORS reduced holdings by 713,891 shares (-37.4%) in Q4 2024, worth about $95,333,004.
• CITADEL ADVISORS LLC added 624,465 shares (+51.3%) in Q4 2024, valued at about $83,391,056.
• SG AMERICAS SECURITIES, LLC significantly increased its portfolio by adding 510,331 shares (+28,864.9%) in Q1 2025, valued at $56,682,464.
• BOSTON PARTNERS acquired 366,283 shares (+25.6%) in Q4 2024, equating to roughly $48,913,431.
• FMR LLC increased its holdings by 214,694 shares (+6.4%) in Q4 2024, worth $28,670,236.
• POINT72 ASSET MANAGEMENT, L.P. added 213,311 shares (+97.9%) in Q4 2024, valued at approximately $28,485,550.

$CHDN Analyst Ratings

Recent reports from Wall Street analysts indicate that one firm has issued a buy rating for $CHDN, while none have offered sell ratings.

• Jefferies issued a “Buy” recommendation on 04/25/2025.

Full Release

LOUISVILLE, Ky., May 02, 2025 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (Nasdaq: CHDN) announced that Good Cheer won the 151st running of the Longines Kentucky Oaks amidst a field of 13 fillies on a sloppy track. Under cloudy skies, over 100,000 eager fans gathered for this premier event for 3-year-old fillies.

Wagering from all sources totaled $73.9 million for the entire Kentucky Oaks race day. All-sources wagering on the Kentucky Oaks race amounted to $22.7 million, reflecting a 4% increase from the previous year.

TwinSpires handled a record-breaking $20.9 million in wagering on Churchill Downs races for the Kentucky Oaks Day program, surpassing last year’s record of $20.3 million, which includes all settled future wagers and affiliate wagering.

Good Cheer, owned and bred by Godolphin, LLC, trained by Brad Cox and ridden by Luis Saez, completed the 1-1/8th mile in 1:50.15, winning by 2 1/4 lengths at odds of 6-5. This Kentucky-bred filly, who is sired by Medaglia d’Oro, has now accumulated lifetime earnings of $1.7 million.

“Today we honor and congratulate the connections of Good Cheer,” stated Churchill Downs President Mike Anderson. “We appreciate our fans, sponsors, horsemen, and horseplayers who all contributed to making the 151st Kentucky Oaks a remarkable event.”