Listen Online - Listen on Mobile Radio.com | Mobile App Info

Fewer Bettors Wager On The Ponies

Photo by: Rob Carr/Getty Images

Tomorrow is the annual Kentucky Derby, but many would-be bettors are staying away from the race and sports books.  The “Las Vegas Sun” says revenue from horse racing has fallen 30-percent at Nevada casinos over the past decade.  One reason is that even the Super Bowl of horse racing can’t attract a younger and higher spending crowd.  Horse betting seems to attract an older clientele, with its slower pace and fewer opportunities for gamblers to win long-shot races.  And some observers say bettors are turning to foreign websites with higher win potential.

Comments

More From CBS Las Vegas

Get Started
Introducing Your New Podcast Network Play.it

Listen Live