Otherwise, they fail once and since everyone thinks that means they can't be trusted to look after their expeditions, all their neighbors refuse to help and it becomes a self-fulfilling prophecy.
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They should be shown the error of their ways, shown how to rehabilitate their expedition strategy and their image to their neighbors, and then forgiven for past failures and helped. I also think that these people who continually have difficulties and whose expeditions fail should not be written off as "not worth helping" by their neighbors (as they often are). That way, people who keep having these problems offer after offer don't disregard the posts in old offer threads that would be just as useful to them in a new one. I am suggesting that we make a dedicated thread for only expedition advice. And we make the same comments that were on the previous thread all over again. And then that offer goes away and people stop looking at the thread and when the next offer with an expedition comes around, the same thing happens again. The authoritative record of NPR’s programming is the audio record.Every time we have a new offer that has an expedition attached, everyone keeps noting that they see a bunch of expeditions failing and then we all comment on why and things that those people should be doing differently. This text may not be in its final form and may be updated or revised in the future. NPR transcripts are created on a rush deadline by an NPR contractor.
Visit our website terms of use and permissions pages at for further information. For NPR News, I'm Ryland Barton in Louisville, Ky. In the run-up to The Derby, there have been races all week.īARTON: And despite Churchill Downs's focus on non-racing ventures, The Derby itself is still going strong. And attendance at the Kentucky Derby itself is breaking records - in 2015, topping 170,000. And we're able to grow purses.īARTON: Purses, the prize money that horse owners are trying to win, are near an all-time high, grossing more than $1 billion last year. Alex Waldrop, president of the National Thoroughbred Racing Association, says Churchill Downs's diversification is still bringing money back into the racing industry.ĪLEX WALDROP: The good news is even as people will gravitate toward the casino products, we're able to bring money back into the business. In addition to the addictive phone and computer games, Churchill Downs reaps much of its revenue from five casinos across the country and an online horse betting service called TwinSpires. And the company's stock is trading near an all-time high. now only gets about 25 percent of its profits from the four racetracks it owns. Around that are several valuable and related businesses that, you know, collectively are all about entertainment.īARTON: According to its annual SEC filings, Churchill Downs Inc. Cameron McKnight, a Wells Fargo analyst who tracks the gaming industry, says Churchill Downs has become a leisure company.ĬAMERON MCKNIGHT: Horse racing and The Derby absolutely sits at its core. Now, Churchill Downs makes its money this way.īARTON: In 2014, Churchill Downs bought Big Fish Games, which runs web-based platforms like "Jackpot City Slots," "Sunken Secrets" and "Bush Whacker 2." Though the company says its anchor is still the Kentucky Derby, it attributes a jump in revenue last year to its acquisition of Big Fish. To bring in more revenue, some race tracks have turned away from horses.
There were 15,000 more races in 2006 than there were last year. Fewer people are going to races across the country. That is what makes the race a lot more interesting.īARTON: But racing just isn't where the money is. And the sport's interesting when you get a high number of quality horses running. MISELIS: Just as much social as it is the sport. He'd like tracks to find ways to bring younger spectators to the sport. He's watched attendance at races decline over the years. Hang out at the backside some mornings.īARTON: The backside is where the horse stables are and where trainers and jockeys hang out. It's been about my 15th trip down here to The Derby. And with his race card and a chewed-up cigar, he's happy to be at the track today. RYLAND BARTON, BYLINE: Jim Miselis has been coming to the Kentucky Derby since the mid-1980s. Of course, as Kentucky Public Radio's Ryland Barton reports, the track is not where Churchill Downs gets most of its money. Interest in horse racing, though, has been falling off. Tomorrow marks the 143rd running of the Kentucky Derby.
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