TwinSpires moving its headquarters to Kentucky

05/30/2017 01:04 PM

LOUISVILLE – Churchill Downs announced on Tuesday that the TwinSpires headquarters will relocate to Louisville from Mountain View, CA, bringing with it more than 70 jobs.

TwinSpires is a division of CDI and the official mobile betting partner of Churchill Downs Race Track. CDI is investing $2.2 million to build out the TwinSpires headquarters on the third floor of its existing offices at 600 North Hurstbourne Parkway.

Mary Ellen Wiederwohl, Chief of Louisville Forward, told those gathered today for the announcement that technology is an area where a lot of job growth is expected for the city, and that having people able to fill those jobs is crucial.

“You’ve got to have the workforce, and workforce is in high demand with 4.5% unemployment,” Wiederwohl said. “And of course in the world of IT quickly changing demands.”

CDI plans to hire an additional 25 TwinSpires employees before the end of the year, with salaries ranging from $75,000 and $110,000.

According to CDI CEO Bill Carstanjen, the move is happening now because Kentucky now has a workforce that the company needs in order to grow.

“When we thought the skill sets were strong enough here in the state, where we could duplicate all of those skills, that’s when we really wanted to do it,” Carstanjen said. “Because we always really wanted and liked the idea of the strategy, the strategist of the business, the big thinkers, the think tank of the business being located here with the rest of us.”

Several of the places owned by CDI have slot machines, but Governor Matt Bevin says that there is no political will to bring casino gambling to Kentucky.

“Casino gambling has no political life in the legislature and this is a legislative decision, it really is,” Bevin said. “ At the end of the day the legislature will decide what will or will not be the extent of gaming, but frankly it starts with the Kentucky Horse Racing Commission.”

Bevin told reporters that even when there was political will to legalize gambling, his predecessor was unable to get it done.

“I was proceeded by someone who ran specifically with certain ideas in mind, and had a much more favorable political environment in which to do it, and was not able to get it done. “ Bevin said. “There is no political will for this in Kentucky right now.”

Carstanjen said that there were no incentives provided to relocate TwinSpires to Louisville.

Carstanjen told reporters that the TwinSpires Lexington office will not be moving to Louisville.


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