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The Kentucky did a -- its own attendance record Saturday as twenty to one longshot animal kingdom -- -- 137.
Churchill Downs the company also beat the odds against Wall Street with a 54% quarterly revenue increase year over year.
In a first on Fox Business we're joined now by Bob Evans the chairman elect and CEO of Churchill Downs Bob for -- congratulations and a fantastic race on Saturday.
Well thanks very much guys -- -- Casey had attendance records and you also had a big weekend overall all at the betting tables what does that tell you.
I think three things came together over the last few years we've focused on making me on track experience better for the folks who want to watch the derby in person.
The television experience better -- the online experience better and I think -- just all happened come together -- this year we set a record and on track attendance.
But pretty industry as a whole horse -- been struggling a big yet Churchill Downs in the derby itself really -- to break records -- -- doing differently.
Yeah that's a great observation.
Racing -- -- struggling quite are quite a bit -- in order to find enough demand to meet matchups with the supply that's available.
We have something special like the Kentucky Derby the Kentucky oaks the -- turn -- the economics works up.
I think a little less supply would be great higher quality would do would help make the make the business a lot stronger than the currently us.
The Obama used to -- in NASCAR one of the problems with all these NASCAR tracks as they have one event a year or two events a year they've -- kind of -- that brand.
Somehow some way -- -- -- the Kentucky Derby which is a worldwide brand and extended beyond this first or second weekend and that.
Yeah -- give you one example -- -- to be wearing it at the moment that -- from one of our apparel sponsors vineyard vines where we're trying to sort of build a lifestyle brand around the Kentucky Derby horse racing and civil -- and more people for the sport.
To Churchill Downs and the Kentucky Derby itself that way.
And you're also bringing in some casinos to this is also an effort toward diversification because.
I'm tracking an off track wagering really doesn't seem to be cut it even though I just read that gambling casino.
It revenues were up in the last quarter.
-- Yeah we've we've got to casino in New Orleans we have one in Miami and -- purchased one late last year in Greenville Mississippi.
I -- on the segment just before this you're talking about flooding along the Mississippi unfortunately green bills in the way of that.
Our facility that hope is protected bat adequately we'll find out over the next few days but yes we've clearly expanded and alternative forms of gaming beyond just torturous.
-- -- online platform twin spires dot com.
How is that -- -- affected bin impacted or do you maybe see that being impacted because of all the talk about.
It -- clamping down on online -- particularly online poker he is there a connection there at all.
Absolutely not wagering via the Internet is authorized by the interstate horse racing act of 197 and it -- later amended so -- good shape there.
That business actually even -- horse racing -- total has been pretty pretty soft over the last three or four years.
Wagering on -- gone up considerably and we've been able to participate -- that.
Animal kingdom with a longshot write that -- -- Kentucky Derby.
You had done and our whole lot of stars if you -- I know they just did a calendar of the jockeys ride that.
Got a lot of headlines so what do you do what is Churchill Downs doing to really boost the sport and some of -- this stand up players the -- of course is the trainers the owners.
I think the probably the most interesting thing we've done in the last year's sort of combined racing with other forms of entertainment -- -- Musical entertainment or other types of parties or celebrations.
We've we've got a program called night racing at Churchill Downs it's really been quite successful sort of doubled or tripled the number of people -- come out for those events.
I think that's really the future of racing is to make it more of an entertainment event than just a pure sport.
Us not forget the ticker symbol CH DN Churchill Downs publicly traded company Bob thank you so much.
Thank you --
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