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Hilton Just Spent $932M Buying Its Own Stock. Ask Yourself Who That's Really For. MGM China Hit Record Revenue. Then EBITDA Went Backward. MGM Beat Estimates by $0.03. The ADR Decline Is the Number Worth Watching. Churchill Downs Wants to Dump Nine Casinos. The Per-Key Math on Terre Haute Is Brutal. Accor's RevPAR Grew 2.2%. Without the Middle East, It Was 4.6%. That Gap Is the Story. IHG Has Spent $3.9 Billion Buying Back Its Own Stock Since 2022. That's Not Confidence. That's a Capital Allocation Bet. Viceroy Comes Back to Manhattan. The Last Time Didn't End Well. Hilton Just Spent $932M Buying Its Own Stock. Ask Yourself Who That's Really For. MGM China Hit Record Revenue. Then EBITDA Went Backward. MGM Beat Estimates by $0.03. The ADR Decline Is the Number Worth Watching. Churchill Downs Wants to Dump Nine Casinos. The Per-Key Math on Terre Haute Is Brutal. Accor's RevPAR Grew 2.2%. Without the Middle East, It Was 4.6%. That Gap Is the Story. IHG Has Spent $3.9 Billion Buying Back Its Own Stock Since 2022. That's Not Confidence. That's a Capital Allocation Bet. Viceroy Comes Back to Manhattan. The Last Time Didn't End Well.

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Terre Haute Casino Resort

1 story · First covered Jul 30, 2026 · Latest 1h ago

Owns Churchill Downs Incorporated

Terre Haute Casino Resort Coverage

Churchill Downs Wants to Dump Nine Casinos. The Per-Key Math on Terre Haute Is Brutal.

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1h ago

Churchill Downs Wants to Dump Nine Casinos. The Per-Key Math on Terre Haute Is Brutal.

Churchill Downs just put nine regional casinos on the block, including a $290 million property that opened 26 months ago. The implied valuation gap between what they built and what they'll likely sell for tells you everything about where regional gaming capital is flowing next.

JC

Jordan Chen 3 min read · 1h ago