Gambling stocks have been a mixed bag for investors in 2021 given uneven trends in U.S. casino gambling, online sports betting and iGaming, as well as a sluggish recovery in the Macau, China market. On Thursday, one analyst cut price targets for two gaming leaders that are being dragged down by Macau.
Shares of Churchill Downs (NASDAQ:CHDN) decreased by nan% in the past three months. Before having a look at the importance of debt, let us look at how much debt Churchill Downs has.
Record-breaking horse trainer Bob Baffert will not be able to race any horses in the Kentucky Derby for the next two years after a suspension was announced Wednesday.
Online casino and sports betting provider GAN Ltd (NASDAQ: GAN) reported first-quarter financial results and announced a new partnership after hours Monday.
Medina Spirit wasn’t the only winner at Saturday’s Kentucky Derby. Comcast (NASDAQ: CMCSA) subsidiary NBC reported a ratings bonanza for its telecast of the horse racing event.
The 147th running of the Kentucky Derby will take place today. The race will feature 19 horses as of writing that will compete in the longest-running annual sporting event in the United States.