Hagens Berman: Class-Action Lawsuit Unveils Massive AI Horse Betting Manipulation Scheme
Churchill Downs, Incorporated (CHDN)
Last churchill downs, incorporated earnings: 4/29 04:07 pm
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Source: Business Wire
Attorneys say a wealthy few have colluded in violation of federal racketeering laws to rig the game through computer-assisted wagering and other preferential advantages NEW YORK--(BUSINESS WIRE)--A class-action lawsuit accuses major horseracing entities of colluding via computer-assisted, algorithmic betting that has disadvantaged everyday bettors in a rigged system that favors the wealthy, according to Hagens Berman.The lawsuit was filed in the U.S. District Court for the Eastern District of New York on Oct. 24, 2025, against racetrack owners Stronach Group Inc., Churchill Downs Inc. and the New York Racing Association – who also own or co-own computer-assisted wagering (CAW) platforms Elite Turf Club LLC and Velocity – in addition to United Tote company and Racing and Gaming Services.If you placed wagers into CAW-impacted horserace betting pools on thoroughbred horseraces while not using a CAW account, you may be affected. Find out more about your rights.Advances in technology ha
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CHDN
Earnings
- 10/22/25 - Beat
CHDN
Sec Filings
- 11/3/25 - Form 4
- 11/3/25 - Form 4
- 10/22/25 - Form 10-Q
- CHDN's page on the SEC website