Connect with us

Hi, what are you looking for?

Fiscal OpulenceFiscal Opulence

Stock

And they’re off! On the sidelines of a pricier Derby, a race for small-dollar spending

The Kentucky Derby, long known as “the most exciting two minutes in sports,” may be on its way to becoming some of the most expensive two minutes in sports.

Ticket prices for the iconic horse race have more than tripled over the past decade, from an average of $378 in 2014 to $1,254 this year on the resale market as of April 22, according to the booking platform TicketSmarter.

That could reflect strong demand for the race’s 150th anniversary, but it’s also partly because Louisville’s Churchill Downs Racetrack has worked to lure spendier customers through its gates. The facility has shaken up its seating and poured $200 million into a renovation that debuts at this year’s Derby and features, among other upgrades, “a new luxury equine-focused dining experience.”

This post appeared first on NBC NEWS
Enter Your Information Below To Receive Trading Ideas and Latest News






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Stock

    SPX Monitoring Purposes: Long SPX 6/21/23 at 4365.69. Long SPX on 2/6/23 at 4110.98: Sold 6/16/23 at 4409.59 = gain of 7.26%. Monitoring Purposes...

    Business

    Fitch downgraded its credit rating for the U.S. government, from AAA to AA+, two months after the debt-ceiling crisis was resolved. “In Fitch’s view,...

    World News

    The 2012 Republican presidential nominating contest was a race unlike any other. For a time it seemed as if virtually everyone got a stint...

    Business

    YouTube star Jimmy Donaldson, known to his 172 million subscribers as MrBeast, filed a lawsuit on Monday against his food delivery service partner, Virtual...