Is Horse Racing Dead? Kentucky Derby Day Handle Hit Record Amounts

churchill downs ky derby dayWith wagering above $200 million for the first time and a top-10 crowd on Kentucky Derby Day, Louisville-based Churchill Downs Inc. expects to add between $4-6 million in increased profitability, the company announced earlier this month.

Source: Kentucky Derby and Derby Day Handle Hit Record Highs

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Rich Nilsen is a 20-time qualifier to the National Horseplayers Championship (NHC), an event he has cashed in 5 times. He was the first player to finish in the top 10 of the NHC twice. A former executive with Brisnet.com and member of the NHC Players’ Committee, Rich is a graduate of the UofL Equine Business Program and is founder of AGameofSkill.com, a site devoted to horse racing education and promotion. He was elected into the NHC Hall of Fame in 2025.

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