Kentucky Derby

While betting on horse racing has dipped by more than 50% over the last couple of decades, prediction markets haven’t made inroads in the sport.

Get your pastels and mint juleps ready, the hottest horse race of the year is on the horizon.

The mint julep now has some stiff competition.

Horse racing’s Triple Crown kicks off Saturday with the Kentucky Derby at Churchill Downs. It’s been a good year for the racetrack’s parent company, whose stock has risen 30 percent, double last year’s gains in the S&P 500. These days though, Churchill Downs Inc. doesn’t really resemble a racetrack company. Click the audio player above […]