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Churchill Downs CEO Bob Evans on the market for the Kentucky Derby and how he keeps business steady throughout the year.
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So all right get very up what little -- it's called the most exciting two minutes in sports a Kentucky Derby and tomorrow.
Solicit something even the hood is the 138 running for the rose is our very -- -- -- -- -- Churchill Downs.
And beautiful -- -- with a very special guest I love -- -- -- Her how it began this -- thank -- every night -- -- thank you like yeah Atlantic last night I said that you neighbors on the planet back to -- that -- Allowing parents you kind straight -- -- and doing right now might as CEO Churchill Downs which makes the Kentucky Derby possible -- and -- He actually created an out on his client I'm not signing created -- -- at.
I thought that there is actually out right now where people -- that on the Kentucky Derby.
That's true you go to our phones are -- and get the Kentucky Derby apt to get everybody.
Boat that you can do that that you look at information about the horses that people all the -- the celebrities the whole works and if you wanna read and go to -- as far as dot com actually -- -- -- Is staying about it's been betting behind the -- is that last year portrait with a ten point eight billion dollar industry -- need to know is that that bigger than Hollywood.
So it's human but if -- -- -- When you didn't just a couple of years ago -- -- fifteen dollars what's gonna.
There were wounded in the coming -- -- seven -- slide here where you handle or the amount that there's been going down but we started to see I think a bottom and turning around.
And the good thing is is a big events like Kentucky -- today in the Kentucky Derby tomorrow those kind of events have been growing over this entire period of time there's still a market the customers -- -- that product.
-- and in terms weren't getting into the U.
Anything company is locked up you night general admission ticket he did raise the price for the general admission Dan threats we -- much of that went from forty dollars to fifty dollars but -- -- on line and advanced still forty.
When you look at the crowd here you tell -- 1101000.
People expected to -- hopes -- 800 enacting a record 269000.
Tomorrow that's what we have what are slowdown in the economy right now.
That this this little slice of the world on this particular weekend.
Everything it's great it's a happy place it's like Disneyland for adults.
And -- little concerning the greatest two minutes in sports.
And it's been great -- -- is honestly a little and Ellen how do you manage for the rest of the year when so much hype is it.
Yes that's -- question as a business what we've done over the last few years is sort of diversify away from horse racing so we still do great stuff like Kentucky oaks and derby.
We're also at a casino gambling at the regional level and our online business once -- dot com has been growing like crazy.
And you stock up some 50% over the past year so really everything you brought this thing.
The nominal do you have a favorite -- I do but I can't tell you who it is because if I pick the winner of the things I fixed it.
I don't think it when I look stupid -- a moment.
Yeah.
They pain and actually did you not have -- course.
Well you can see has revenue owes it to know I'm -- David.
I have a favorite -- -- -- -- that's right.
I just like and I really like mom I -- free trade see you aren't surveys down to -- -- done anything done talking.
I think -- -- and I.
Well let's go to the heart and mind -- you actually I am and you'll thank you very much I love.
