Churchill Downs Inc. to Acquire Preakness Intellectual Property Rights for $85 Million

Louisville, KY., (April 21, 2026) – Churchill Downs Incorporated announced that it has entered into a definitive agreement to acquire the intellectual property, including all trademarks and associated rights, of the Preakness Stakes and Black-Eyed Susan Stakes (the “Preakness IP Rights”) from 1/ST Maryland LLC, an affiliate of 1/ST Racing, for a purchase price of $85 million, subject to customary closing conditions.

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$300,000 Kentucky Derby Betting Challenge – Get in on the Action!

Kentucky Derby Betting Challenge 2026The $300,000 Kentucky Derby Betting Challenge is a high-stakes, live-bankroll contest built around one of racing’s biggest days—the Kentucky Derby at Churchill Downs. It blends handicapping skill, money management, and a bit of nerve into a single-day competition where every wager counts.

How It Works

Each player buys in for $5,000, with $3,500 going directly into a live betting bankroll and $1,500 feeding the prize pool. Unlike fixed-pick contests, this format requires you to bet your own money in real time across designated races throughout the day.

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March Casino of the Month: Hollywood Casino Tunica

Nestled along the banks of the Mississippi River in Tunica, Mississippi, Hollywood Casino Tunica shines as this month’s Casino Spotlight. With its glamorous Hollywood theme, this iconic destination blends classic Tinseltown flair with Southern hospitality, making it a must-visit for both seasoned gamblers and casual visitors.

Opened in 1994 as one of Tunica’s pioneering casinos, it has evolved into a premier gaming hub, boasting over 35,000 square feet of action-packed floor space.

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Craps: Finding Smart Bets

Few casino experiences match the excitement of a lively craps table. Chips clatter across felt, players cheer in unison, and strangers become teammates with every winning roll. The game’s fast pace and communal spirit create one of the most electric atmospheres in any casino. Beneath the noise and celebration, however, craps is governed by precise mathematics. Players who understand probability and bet selection can enjoy the spectacle while keeping the house edge remarkably low.

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Blackjack: How Strategy Gives Blackjack Players the Edge

Blackjack has earned a rare distinction in the casino world: it is one of the few games where knowledgeable players can reduce the house advantage to nearly zero. While luck influences short-term results, long-term outcomes hinge on understanding the rules, applying correct strategy, and maintaining emotional discipline. Casual players often face a house edge between two and four percent. With optimal play and favorable table conditions, that edge can shrink to under one-half of one percent.

That difference may sound small, but over hundreds of hands it represents the difference between extending your bankroll and watching it steadily disappear.

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