Churchill Downs could hit record wagering in 2015 after five yea - WDRB 41 Louisville News

Churchill Downs could hit record wagering in 2015 after five years of growth

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LOUISVILLE, Ky. (WDRB) -- Tens of millions of dollars are about to come through the wagering windows at Churchill Downs and the amount of money wagered on Derby Day has skyrocketed in the past several years. It's led to massive financial growth for the track.

Churchill Downs has seen record earnings every year for the past five years.

Visitor from the Bronx Eddie Wynimko told us he bets about $100 to $200 on the day. He and his friends say they won't go crazy, but they can't come to Churchill without wagering.

"I'll put two dollars on a couple of long shots, and usually two dollars across the board and if I win a little, I'll give it back to them by betting a lot more on a horse to win," Wynimko said.

All of those dollars add up. For Churchill, it's been adding up for the past 15 years. In that time, the track has seen wagering nearly double.

"Wagering was somewhere around $90 million in 1999 on Kentucky Derby," Churchill Downs spokesperson Darren Rogers said. "It's now $186 million that was wagered on the card a year ago."

Not to mention, last year was the fifth consecutive year of earnings growth for Churchill Downs Incorporated -- a company that credits online wagering as a big part of the increasing amount of money people are willing to gamble.

"You look at, that's our advanced deposit platform, they continue to show record numbers and record levels each year," said Rogers.

Officials also say the improved 4G cell coverage inside the track spreads the Derby brand across social media.

Planting a seed in people's heads across the world -- to get online and take your chances on a horse race.

The people working the wager counters will print about a million tickets over Oaks and Derby.

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