Business

Business, Derby, Louisville May 2, 2019

Kentucky Derby Betting with Cryptocurrency Continues Despite Crypto Winter

LOUISVILLE, Ky.–(BUSINESS WIRE)–US Racing (www.usracing.com), an international online horse racing service, advised that usage of cryptocurrency to place wagers on the Kentucky Derby will increase over 2018 despite the hard fall all coins faced in what has been called the Crypto Winter. “While the adoption challenge still persists, preventing widespread usage of cryptocurrency, we are seeing more punters adopting this method for wagering on horses,” said Tim Maxwell of US Racing. Nearly $150 million was wagered on last year’s Kentucky Derby (setting a new record) and US Racing expects growth in handle to increase approximately 10-12% for 2019. Although cryptocurrency represents…

Business, Derby, Louisville April 30, 2019

Sentient Jet to continue to fly guests into LouisvilleKY Derby Week

BOSTON–(BUSINESS WIRE)–Sentient Jet, a Directional Aviation company and the creator of the pioneering Jet Card, is pleased to announce the renewal of its multi-year collaboration with the Kentucky Derby, Kentucky Oaks and Churchill Downs as the esteemed horseracing organizations’ Preferred Private Aviation Partner. As an official partner of the two annual races and their shared home track, Sentient Jet has curated several extraordinary experiences surrounding the weekend’s celebrations including bespoke private travel services, special on-site hospitality offerings and the third annual Derby Day Breakfast hosted by Brand Ambassador and Celebrity Chef Bobby Flay. Further, the private aviation company will add additional support to the horseracing community over…

Business, Crime, LMPD, Louisville, Media, Non-Profits, Politics, Real-Estate April 29, 2019

Mayor Fischer presents austere budget for LouisvilleKY

LouisvilleKY., – Mayor Greg Fischer proposed last week an austere 2019-2020 city budget that manages the impact of a $35 million budget deficit, driven largely by a 12 percent increase in the city’s state pension costs, while working to minimize the impact on Louisville’s most vulnerable. The $623 million general fund budget anticipates a revenue growth rate of 2.9 percent, which is dwarfed by the size of the increased pension cost – $20 million higher than in 2018. The Mayor had previously warned that despite a growing economy, the pension challenge would, without new revenue, result in $35 million in…

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Business, Food and Dining, Louisville April 29, 2019

LouisvilleKY to get new Steak and Bourbon restaurant in Westport Village

LOUISVILLE, KY (April 26, 2019)—Olé Hospitality Group, the creative force behind Mussel & Burger Bar, Taco Luchador, Guaca Mole Cocina Mexicana announced today that Artesano Vino Tapas y Mas in Westport Village at 1321 Herr Ln #130 will close on April 28 to make way for the group’s newest concept, Steak & Bourbon: An American Grill. The new classic, casual American steakhouse will open its doors May 16. “We looked at a lot of locations around the city, but we really felt like the Westport Village spot was the best place to do it the right way,” said Olé co-founder, Chef Fernando Martinez. …

Business, Food and Dining, Louisville April 29, 2019

Bardstown Bourbon Company releases its first Kentucky Straight Bourbon Whiskey

Collaboration, innovation and transparency define dynamic distillery’s first release BARDSTOWN, Ky. – – – The Bardstown Bourbon Company (BBCo), 1500 Parkway Drive, is announcing the release of its first Kentucky Straight Bourbon Whiskey, Bardstown Bourbon Fusion Series #1. The product is a blend of Bardstown Bourbon Company’s estate-made, two-year-old wheat and high-rye bourbons, with an 11-year-old sourced Kentucky bourbon. Bardstown Bourbon Fusion Series #1 is the result of a collaboration of the company’s expert distilling, beverage and culinary teams working together to develop an exceptionally smooth, yet complex pour. “We are a new blend of bourbon makers pushing the boundaries through innovation, while…

Business, Food and Dining, Louisville April 24, 2019

LouisvilleKY’s Michter’s Distiller Dan McKee To Succeed His Mentor Pamela Heilmann As Michter’s Master Distiller

LOUISVILLE, Ky., April 24, 2019 /PRNewswire/ — With Michter’s Master Distiller Pamela Heilmann’s decision to retire from full time work effective May 1st, Kentucky-based distiller Michter’s is implementing its succession plan. Michter’s Distiller Dan McKee will be elevated to Master Distiller, and Distillery Manager Matt Bell will become Distiller. When the 2019 bottling of Michter’s 10 Year Single Barrel Kentucky Straight Bourbon goes on sale this May, it will mark the final Michter’s release during Heilmann’s tenure as Master Distiller. “After we hired Pam, she brought over Dan with her from her prior company. It quickly became apparent that he was extraordinarily talented and would…

Business, Louisville, Politics, Real-Estate April 24, 2019

Airbnb Announces Kentucky Derby Economic Impact Data for LouisvilleKY

LOUISVILLE, KY — Airbnb, the world’s leading community-driven hospitality company, announced today that Louisville residents will earn over $2.5 million in income while welcoming an additional 5,800 guests to Louisville this coming weekend as hotels largely sell out during the weekend of the Kentucky Derby. Home sharing will allow the city to utilize pre-existing resources – people’s homes – to expand lodging capacity and retain as many visitors as possible. This data is not a projection, but rather reflects only currently confirmed bookings during May 3-5. This economic infusion comes as Louisville hotels reach peak occupancy for the weekend, even with significantly spiked prices. “When more…

Business, Food and Dining, Louisville April 22, 2019

LouisvilleKY-based Barrell Craft Spirits Wins Double Gold Medals

LOUISVILLE, Ky.–(BUSINESS WIRE)–Barrell Craft Spirits of Louisville, KY is pleased to announce that its Barrell Bourbon Batch 018 was named Best Small Batch Bourbon in the 11-year and older Category and Barrell Bourbon Batches 017, 018 and 019were awarded Double Gold medals at the 2019 San Francisco World Spirits Competition (SFWSC). The Company’s Barrell Bourbon Batch 016 and Dovetail Whiskey received Gold Medals. SFWSC is the largest international spirits competition in the United States. Judging is blind and done by a prestigious panel of nationally recognized spirts judges, each selected for their distinct and trusted palate. With nearly two decades of experience, the SFWSC has become one of the most respected…

Business, Events, Food and Dining April 9, 2019

LIBA Kicks Off LouisvilleKY’s “West On Wednesdays” on April 17th

Louisville, KY – Our city is well known for its diverse local food culture, and West Louisville continues to offer up options that add to the vibrant scene. If Louisvillians haven’t had an opportunity to enjoy a great meal in the area yet, they will have an opportunity through an upcoming event series that gives attendees a reason to dine at three unique restaurants. The Louisville Independent Business Alliance (LIBA), an organization of 900 local and independent business members, will host the first West on Wednesday event on Wednesday, April 17 from 5:00 PM – 7:00 PM at Farm To Fork, 2425 Portland Avenue….

Business, Food and Dining, Louisville April 9, 2019

LouisvilleKY’s Stitzel-Weller Distillery re-releases award-winning bourbon

LOUISVILLE, Ky., /PRNewswire/ — In celebration of the historic opening of the Stitzel-Weller Distillery 84 years ago, Blade and Bow re-releases its rare and limited 22-Year-Old Kentucky Straight Bourbon. An ode to the distinctive distillers who set the standard for crafting exceptional bourbon, this award-winning whiskey is the latest release from the famed distillery and will be available in 12 states along with a select allocation solely for Stitzel-Weller. At 92 proof and 46% ABV, each drop of the liquid earns its 2017 title in Jim Murray’s Whisky Bible as Best Bourbon 10 years and over from multiple barrels. With the perfect blend of smoky,…

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