The issue of whether legalized gambling should be expanded beyond Atlantic City is now front and center due to a proposal for a casino at the Meadowlands Racetrack, and Gov. The proposal from Hard Rock and the Meadowlands comes as Atlantic City lost four of its 12 casinos last year. Speaking Thursday at the East Coast Gaming Congress, track owner Jeff Gural said...» Read More
John Messara, chairman of Arrowfield Group, tells CNBC what a win at Ascot for his horse 'Animal Kingdom' would mean.
Belmont Stakes 2013 winner Mike Smith discusses his second win. His 3-year-old Palace Malice had only won one in seven starts going into Belmont.
On the eve of the 139th Kentucky Derby, Brian Shactman talks to Churchill Downs' CEO Robert Evans about racing and revenues.
International travel usually ranges from $8,000 to $30,000, depending on the number of horses. Yet, some owners do whatever is wanted and needed to get the horse to the race.
During the recession, prices for Thoroughbreds took a devastating fall, with many predicting that top horse values would never recover to their 2005-2007 highs. But prices have now recovered some lost ground.
A look at the early favorites to watch in the Kentucky Derby this year, with CNBC's Brian Shactman.
CNBC's Brian Shactman is at the home of Saturday's Kentucky Derby, where Brown-Forman has cooked up a mint julep with a $1,000 price tag. Tim Laird, Brown-Forman's "Chief Entertaining Officer" makes one for Brian and explains what makes it so expensive.
This is the eighth year the grand-a-piece drinks are being offered at the Derby by bourbon maker Woodford Reserve.
The truth is that huge money is everywhere at the Derby: from the $8,000 per ticket new luxury area called the "Mansion," to the $500 hats and $1,000 mint julep.
CNBC's Robert Frank takes a look at some of the nation's most expensive equestrian estates.
Hong Kong is playing host to Asia's highest level of show jumping, the Longines Hong Kong Masters. CNBC's Bernie Lo speaks to the organiser's vice president, Matthieu Gheysen.
Some sports are more expensive than others. Some require expensive equipment, others require monthly fees, and others appear down-market at first but have hidden costs that can really add up. Click to see what some of these sports are.
There will be no Triple Crown winner in horse racing this year. The winner of the Kentucky Derby and Preakness, I'll Have Another, was scratched Friday, a day before the Belmont Stakes.
I'll Have Another comes into the Belmont with as little fanfare as we've seen in recent horses that have won both the Derby and the Preakness. But this is a horse that the horse racing industry has to get behind.
CNBC's Darren Rovell reports what it will mean to the horse racing industry if I'll Have Another wins the Belmont Stakes and captures the Triple Crown.
Since 2006, I have been telling you who is going to win the title. Since that time, I have had the champion on my list all six times.
The University of Missouri said it could earn as much as $12 million more per year from an new TV deal in the Southeastern Conference, compared to the deal it had in the Big 12.
I’ll Have Another wasn’t exactly a huge longshot, but he certainly was getting treated like one. But there was the horse, in Friday’s New York Times, predicted to come in dead last.
Short term rentals in private homes is a big business for Louisville residents on Derby day.
Horse ownership is a rich man's game, but that doesn't mean Derby winners all cost a fortune.