Churchill Downs Inc. is taking its online bingo site down after lackluster performance. "Management determined that Luckity did not achieve the expected financial returns and was unlikely to significantly improve its results," the company said in a filing. Churchill launched the Luckity site two years ago.
May 31 will be the final day for customers to try renowned chef Alain Ducasse's restaurant, Adour, at the St. Regis hotel in Washington, D.C. "Both the hotel and ADE have decided it is the right time for the hotel to change course with regards to its restaurant offerings," said Laura Schofield, the hotel's general manager. The restaurant replacing Adour will be run by chef Sebastien Rondier, a pupil of Ducasse.
Northrop Grumman has announced that to cut costs it will not attend the Paris Air Show in 2013. "We are considering enhancing our participation level in shows in other regions, including Australia and the Middle East," said Northrop spokesman Randy Belote. Northrop manufactures the Global Hawk drone.
Chairman and CEO Jean-Rene Fourtou yesterday said Vivendi Universal will sell its U.S. entertainment assets, making explicit for the first time the company's intentions. Fourtou said the company's future lies in telecoms and the French TV market.
The network said the upcoming sixth season will be the last for the hit show. "Shows come and go; this is a great show, and hopefully there will be more great shows," chairman and CEO Chris Albrecht said.