horse racing

The 149th running of the Kentucky Derby takes place on Saturday, May 6, and will see 19 horses compete to win the prestigious horse race. Given the rise of artificial intelligence chatbots like ChatGPT, here’s a look at what it says about the derby. What Happened: While ChatGPT and other...

The 149th running of the Kentucky Derby takes place this weekend and will be one of the most discussed and bet-on sporting events of the year. Here’s a look at what bettors and readers need to know. How to Watch 2023 Kentucky Derby: The 2023 Kentucky Derby takes place on Saturday, May 6, 2023...

Gaming entertainment, online wagering and racing company Churchill Downs (NASDAQ: CHDN) reported first-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Churchill Downs reported first-quarter revenue of $559.5 million, up from last year’s...

Mo Donegal won the Belmont Stakes on Saturday, marking the third different horse to win a Triple Crown race in 2022. Here’s a look at who owns Mo Donegal and how it relates to the stock market. What Happened: Favorite Mo Donegal won the Belmont Stakes by three lengths, beating second place...

This year the Belmont Stakes is taking place under unusual circumstances for a few reasons. First of all, the winner of the Kentucky Derby, Rich Strike, did not race in the Preakness Stakes, eliminating his chance for a Triple Crown. Yet the colt will be in the Belmont Stakes. The winner of the...

In spite of the fact that there will be no Triple Crown champion in 2022, this year’s Preakness on Saturday is still an exciting race, and could possibly set us up for a thrilling showdown in three weeks when the Belmont Stakes is contested. The owners and trainers of the surprise winner of...

Longshot Rich Strike won the Kentucky Derby but will miss out on the potential of winning the Triple Crown in 2022. What Happened: Rich Strike’s owner Rick Dawson said his horse will skip the Preakness Stakes, set to be held on May 21. “Our original plan for Rich Strike was contingent...

One of the biggest upset stories in sports happened over the weekend, and it wasn’t from one of the four major North American sports. Here’s a publicly traded company that could stand to benefit. What Happened: Longshot Rich Strike won the 148th Kentucky Derby Saturday with odds of 80-1...

A leading casino and sports betting company could have a catalyst coming with the launch of an app to wager on horse racing for its existing and future customers. What Happened: Caesars Sportsbook, which is owned by Caesars Entertainment Inc (NASDAQ: CZR) announced Caesars Racebook in...

Just as horse racing was making a comeback in the public eye, with two Triple Crown winners in four years (American Pharoah in 2016 and Justify in 2018), two of the last three winners of the actual Kentucky Derby race have been disqualified. In 2019, Maximum Security was disqualified for...

The horse racing industry has been rocked by a scandal that has an ongoing investigation of Kentucky Derby-winning horse Medina Spirit and trainer Bob Baffert. What Happened: Medina Spirit won the 147th running of the Derby on May 1, finishing a half-length ahead of runner-up Mandaloun. However,...

On Saturday, May 1, the 147th Kentucky Derby will be held, airing live on NBC Sports, owned by Comcast Corporation (NASDAQ: CMCSA). Unlike last year’s Kentucky Derby, there will be fans in the stands and infield this year. Could the 2021 Kentucky Derby provide a lift to Churchill Downs Inc (...

All-source wagering — including at-the-track bets and online wagers — was the highest ever for the Kentucky Derby on Saturday, as was the betting handle for the entire Derby Day card of races, according to the thoroughbred racing publication The Blood Horse. Country House won the...

Imperial Capital analysts are expecting some strong Q3 results from famed Churchill Downs, Inc. (NASDAQ: CHDN). Analysts are expecting strong results from Churchill Downs gaming and online businesses and seeing some improvement from its mobile gaming division, Big Fish Games. As a result, Imperial...

In his latest book, Flash Boys, Michael Lewis contends the stock market is "rigged" in favor of institutional investors who buy and sell securities rapidly with computer programs, booking loads of tiny profits. This is at the expense of the individual investor, Lewis claims. Actually, it is the...