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Churchill Downs at night

Business, Derby, Events, Louisville June 24, 2019

LouisvilleKY’s Churchill Downs Spring Meet Set to Close With a Bang

Story by Kevin Kerstein, Churchill Down Communications, at ChurchillDowns.com Louisville, KY., – The 38-day Spring Meet at Churchill Downs is set to close this week with a stellar eight-race program for Twilight Thursday presented by Blue Moon, a special 11-race program on Friday and a 12-race extravaganza on closing day Saturday, including a trio of stakes events. “We’ve been so appreciative for all of our owners, trainers and handicappers for supporting this year’s Spring Meet,” said Ben Huffman, Churchill Downs’ Vice President of Racing. “With the boosted purse structure from Derby City Gaming, the support for our racing has been stronger than ever. We…

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Kentucky Derby

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…