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$349 million! Kentucky Derby sets new record for betting amounts.

$349 million! Kentucky Derby sets new record for betting amounts.

Kentucky Derby Sets New Betting RecordsAt the 151st Kentucky Derby, the racehorse "Sovereign" won by a margin of 1.5 horse lengths, setting a new historical high in betting amounts. According to the latest data from Churchill Downs Incorporated (CDI), the total betting amount for this Derby reached

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Michigan’s rules for horse race betting unconstitutional, judge says

Michigan’s rules for horse race betting unconstitutional, judge says

A federal judge has granted TwinSpires a preliminary injunction preventing Michigan from enforcing its rules for online racebooks taking bets on horse races run outside the state, saying those requirements are unconstitutional.Chief United States District Judge Hala Jarbou issued an opinion and orde

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Michigan takes hard line against online racebooks, sparking showdown with TwinSpires

Michigan takes hard line against online racebooks, sparking showdown with TwinSpires

The Michigan Gaming Control Board has forced a selection of online racebooks out of the state, with TwinSpires receiving a suspension order after allegedly failing to comply with the shutdown request. TwinSpires is the online brand of Churchill Downs Incorporated, which the MGCB says is operating in

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TwinSpires receives Michigan suspension order for prohibited wagering

TwinSpires receives Michigan suspension order for prohibited wagering

Churchill Downs’ TwinSpires has been hit with a suspension order by the Michigan gambling regulator for not complying with requests to cease advance deposit wagering (ADW). The Michigan Gaming Control Board (MGCB) said TwinSpires has continued to operate ADW despite three other companies stopping

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