Changing Gambling Laws Affect Track Attendance in New York

Attendance at horse racing tracks has declined, and many blame the availability of online betting. Why deal with parking, unpredictable weather, and expensive concession stand food when all you care about is handicapping the race and winning money? As part of our “Track Tech” series, Ryan Delaney examines the implications of changing gambling laws in […]

Churchill Downs, Inc. Buying Online Wagering Site

Churchill Downs, Incorporated announced Wednesday that it will buy the online wagering site Youbet.com. A statement from the companies says the transaction is valued at $126.8 million. They expect online wagering to grow in popularity, though its estimated right now that less than 14-percent of wagering on thoroughbred races is placed online. Company officials will […]