LOUISVILLE, Ky. (WDRB) -- Churchill Downs Inc. will relocate the headquarters for TwinSpires from Silicon Valley in California to Hurstbourne Parkway in Louisville.
TwinSpires is the official mobile betting partner for Churchill Downs Race Track, the Kentucky Derby and Breeders Cup. It's the largest online wagering business in the United States and accounts for more than 10 percent of wagering of all United States horse racing.
The company wanted to locate as close as possible to Churchill Downs when it started 10 years ago, but according to CDI officials, Kentucky didn't have the qualified workforce to make that happen.
"Frankly, we didn't think we could do it here," Churchill Downs Inc. CEO, Bill Carstanjen said. "Ten years ago, it was really a challenge to imagine building this business in Kentucky in seeing so many of our resources and types of skills we needed were found more easily in California."
An announcement about the move was made Tuesday morning at the Churchill Downs Inc. offices with Governor Matt Bevin. "Kentucky is now a place where you can bring high-tech jobs," Bevin said.
Officials say the move is expected to bring 70 high-tech jobs to Louisville. TwinSpires has more than 200 employees and the change will result in the majority of the employees being located in Louisville or Lexington.
The positions will focus on programming and infrastructure.
The move will also create an additional 25 jobs in Kentucky by the end of the year, with annual salaries ranging between $75,000 and $110,000.
Churchill Downs Inc. invested $2.2 million to build TwinSpires offices on the third floor of the 600 North Hurstbourne Parkway building.
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