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Sports
December 6, 2021
New Test Results Prove Medina Spirit’s Innocence, Says Bob Baffert’s Attorney
Medina Spirit, trained by Bob Baffert, was the big winner of the Kentucky Derby in May this year. Following the hype of the win, a urine sample of the colt tested positive for the anti-inflammatory drug betamethasone. Betamethasone is a legal drug that is not allowed during races. Following the positive test, Medina Spirit’s win […]
Sports
May 10, 2021
Kentucky Derby Winner Fails Post-race Drug Test, May Be Disqualified
Kentucky Derby winner, Medina Spirit’s allegedly tested positive for betamethasone in a post-race blood test. In a statement, Churchill Downs revealed that if the findings are upheld, Medina may be disqualified and Mandaloun may take the winner’s place. Medina Spirit Allegedly Tests Positive for an Anti-inflammatory Drug The Kentucky Derby was won by Medina Spirit […]
Legal
April 30, 2021
Nevada Gaming Control Board Expands Horse Betting Options
On Wednesday, Nevada horseplayers received good news from the Gaming Control Board, which grants racebooks to accept bets on more races from Churchill Downs, not just Kentucky Oaks, and the Kentucky Derby. Nevada Horseplayers with More Betting Options Nevada Gaming Control Board has granted racebooks the right to allow horse bettors to bet on more […]
Business
November 2, 2020
Record Online Betting Triples Churchill Downs Q3 Profit
Churchill Downs Incorporated (CDI)‘s Q3 profit nearly tripled, thanks to an increase in online betting activity on its platform Twinspires. Net Profit Soars Thanks to Online Betting Growth Gambling operator CDI has reported a 10.3% year-on-year net revenue increase for the third quarter. The rescheduling of the Kentucky Derby boosted CDI’s online betting net profit […]
Sports
August 24, 2020
CDI Says No Live Audience Allowed for Kentucky Derby Festival
Churchill Downs Incorporated (CDI) has confirmed that the event will go on without any live audience. The news reverses a previous plan to host around 23,000 guests for the Kentucky Derby Race program. Kentucky Derby to Go on Without Live Audience The biggest horseracing event in the United States is about to get underway. Yet, […]
Sports
August 13, 2020
Kentucky Derby to Return, But Occupancy Limited Says Andy Beshear
The Kentucky Derby will take place on September 5, hosting supposedly only 40% of the regular venue capacity. Yet, according to Gov. Andy Beshear, the occupancy limit may fall to 15%. The Derby to Return, Occupancy Limited With the Kentucky Derby returning, Churchill Downs officials have released 63-page guideline on how the event is going […]
Sports
August 12, 2020
CDI Issues 146th Kentucky Derby Safety Plan Update
Race track and casino operator Churchill Downs Incorporated (CDI) issued today an update to the comprehensive safety plan regarding all live races days during this year’s rescheduled Kentucky Derby Week. The 146th Kentucky Derby that will take place September 5 will feature an audience capped at 23,000 people to ensure physical distance compliance. The Kentucky […]
Sports
June 29, 2020
Kentucky Derby with Some Audience, the Pivotal Race is Set for September
The Kentucky Derby will have an audience for the races set in September. While the total number of seats is yet to be confirmed, the Derby announced their health and safety protocols. Kentucky Derby in September Will Have Some Audience Good news for fans of horse racing, as the Kentucky Derby will be allowed to […]
Business
May 3, 2020
CDI Reported Q1 Revenue Drop, Re-Opening of Churchill Downs Racetrack in Sight
Churchill Downs Incorporated /CDI/ has recently released its first quarter financial report posting net revenue of $252.9 million, down 5% compared to Q1 in 2019. The company posted net loss for the quarter to the extent of $23.4 million, in total contrast with the $11.6 million profit generated the year before. Adjusted earnings before interest, […]
Sports
May 1, 2020
Virtual Kentucky Derby to Take Place May 2: Odds and Picks
One of the greatest horse racing tipsters of all times, Jody Demling, hasn’t quite stated his opinion about the upcoming 2020 Virtual Kentucky Derby taking place on Saturday, May 2. Yet, this hasn’t stopped us from taking a look ourselves. 2020 Virtual Kentucky Derby Overview The Kentucky Derby is one of the most famous horse […]