Good news from this year’s Derby!
Kentucky Derby sets attendance, betting records
LOUISVILLE, Ky. — Churchill Downs was a financial winner as Kentucky Derby week set more records for attendance and betting.Derby week earnings before taxes and other accounting measures increased about $4.5 million to $5.5 million compared with last year, The Courier-Journal reported. The total amount made by the company from Derby week isn’t disclosed, but when combined with previous announcements, Derby week profits are up almost $15 million from 2008. Churchill drew a record Derby crowd of 165,307 on Saturday and the second-largest crowd for the Kentucky Oaks at 112,552 the day before. Churchill CEO Robert L. Evans said that handle on the Derby alone was up 19 percent from last year, to $133.1 million
Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology
Posted on May 9, 2012 in Uncategorized Comments are off