Connect with us

Hi, what are you looking for?

Business

On the sidelines of a pricier Kentucky Derby, the race is on 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

You May Also Like

Editor's Pick

Top 5 Stocks in “Go” Trends Trend Continuation on Rising Momentum GoNoGo Charts® highlight low-risk opportunities for trend participation with intuitive icons directly in...

World News

Sen. Ted Cruz (R-Tex.) found himself in the most unusual place Thursday. He was the man in the middle, literally and figuratively, standing in...

Editor's Pick

While the S&P 500 did manage to finish the week above tactical support at 5250, one of the most widely-followed macro technical indicators recently...

Tech News

The MSI Claw. | Photo by Sean Hollister / The Verge When I called the MSI Claw an embarrassment in my May 18th review,...