The legendary Churchill Downs, renowned for hosting the Kentucky Derby, alongside its designated betting collaborator, TwinSpires, have proclaimed unprecedented wagering statistics for the celebrated race. The thrill encompassing this season’s Derby, ignited by Mage’s unexpected triumph at 15-1 odds, resulted in an unparalleled surge in bets placed not solely on the main event but throughout the entirety of Kentucky Derby week.

Enthusiasts gathered to place bets on the “Run for the Roses,” shattering the prior year’s benchmarks. While “Forte” and “Angel of Empire” were predicted to win, it was “Mage” who captivated the audience, leaving “Angel of Empire” to secure third position and “Forte” being withdrawn from the competition.

This generated a substantial financial upswing for Churchill Downs, with CEO Bill Carstanjen forecasting a considerable rise in profits compared to the preceding year. He conveyed their excitement for the upcoming year, affirming their dedication to presenting an unforgettable 150th Kentucky Derby festivity in 2024.

The cumulative handle for Kentucky Derby week, encompassing all bets made, witnessed a considerable leap from the previous year, attaining a new high point. TwinSpires, the official wagering associate, declared an unprecedented handle, with a substantial portion credited to the Kentucky Derby race itself.

The 2022 Kentucky Derby saw massive betting activity, generating a staggering $67.4 million, with a remarkable $44 million gambled on the primary race day itself.

More than 150,000 spectators descended upon Churchill Downs to experience the spectacle in person, establishing a fresh attendance benchmark and exceeding the prior year’s substantial crowd.

Nevertheless, the occasion was not devoid of contention. Animal welfare advocates, notably those championing greyhounds, expressed their disapproval of Churchill Downs’ participation in canine racing, going so far as to threaten aerial demonstrations above the track in dissent.

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By Kayden "Kilo" Hardin

With a Bachelor's degree in Statistics and a Master's in Anthropology, this skilled writer has a passion for using statistical analysis and ethnographic research methods to understand the cultural and social dimensions of gambling behavior and the role of casinos in shaping cultural identities and practices. They have expertise in cultural statistics, ethnomathematics, and anthropological methods, which they apply to the study of the cultural meanings and functions of gambling in different societies and the development of strategies to promote cultural preservation and revitalization through casino tourism. Their articles and news pieces provide readers with a cultural and statistical perspective on the casino industry and the strategies used to promote cultural diversity and sustainability.

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