Are Prediction Markets Afraid to Spook the Horse Racing Industry? [Yahoo! Finance]
Churchill Downs, Incorporated (CHDN)
Last churchill downs, incorporated earnings: 4/29 04:07 pm
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Source: Yahoo! Finance
Want to get more Covers content? Add us as a preferred source on your Google account here The Kentucky Derby is like the Super Bowl of horse racing, and people bet like it is, too. Last year's Kentucky Derby drew a record $234.4 million in wagering . All-sources handle for Derby Week as a whole rose to a new record as well at $473.9 million. So why can't you bet on the Kentucky Derby at Kalshi, or DraftKings Predictions , or FanDuel Predicts ? Why aren't there contracts for trading involving the fourth race at Santa Anita? Could the horse racing industry not benefit from some CFTC-governed hedging and price discovery as well? Key Takeaways Federally regulated prediction markets like Kalshi offer contracts on major sports but have thus far avoided horse racing, even marquee events. Churchill Downs Inc. CEO Bill Carstanjen says the Interstate Horseracing Act gives tracks control over wagering rights and requires their consent, which they have no plans to grant to prediction
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CHDN
News
- Churchill Downs Racetrack Announces the Official Menu for the 152nd Kentucky Derby® [Yahoo! Finance]Yahoo! Finance
- Churchill Downs Racetrack Announces the Official Menu for the 152nd Kentucky Derby®PR Newswire
- Record 2025 Results and New Kentucky Venue Might Change The Case For Investing In Churchill Downs (CHDN) [Yahoo! Finance]Yahoo! Finance
- Must-see sports landmarks to visit across the United States [USA TODAY]USA TODAY
- In effort to recoup after years of financial strain, Hawthorne Race Course files for bankruptcy [Yahoo! Finance]Yahoo! Finance
CHDN
Earnings
- 2/25/26 - Beat
CHDN
Sec Filings
- 2/25/26 - Form 10-K
- 2/25/26 - Form 8-K
- 2/9/26 - Form 4
- CHDN's page on the SEC website