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EXHIBIT 23.4
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the incorporation by
reference in this Registration Statement on Form S-3 of our report dated May 5,
2000 on the combined financial statements of Arlington International Racecourse,
Inc. and Subsidiaries and Arlington Management Services, Inc. and Subsidiary
(together referred to as Arlington International), included in Churchill Downs
Incorporated's Proxy Statement for the Special Meeting of Shareholders dated
August 10, 2000.
/s/ Arthur Andersen LLP
Chicago, Illinois
December 14, 2000
