How to Invest in the Kentucky Derby & Horse Racing

The Kentucky Derby will be held at the end of this week, on Saturday, May 7, in Louisville, Kentucky. This is probably the most watched horse race in the United States. The Kentucky Derby is the first race of the Triple Crown of Thoroughbred Racing, with the second being the Preakness Stakes and the third, the Belmont Stakes.

If you want to make money from horse races, you can bet on a race horse, or you can buy a horse race track related stock. WallStreetNewsNetwork.com has a list of almost ten stocks in the horse racing industry, several of which pay dividends.

The host of the Kentucky Derby is Churchill Downs (CHDN), the holding company of the Churchill Downs Racetrack founded in 1875. Other operations it has includes Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 36 times trailing earnings, and 18 times forward earnings. Revenues for the latest quarter were up an incredible 62%. The company pays a small dividend of 0.9%.

Another racetrack stock is Dover Downs Gaming and Entertainment (DDE), which owns Dover Downs Raceway, a harness racing track with pari-mutuel wagering. The stock sports a trailing price to earnings ratio of 18.3. Quarterly revenues increased slightly versus the same quarter last year.

Penn National Gaming Inc. (PENN) owns many racetracks and off-track wagering operations in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward PE of 16.6. Revenues were up 7.5% for the latest reported quarter, with earnings spiking over 300%.

For a free list of  horse racing stocks which you can download, sort and update, go to WallStreetNewsNetwork.com. Also, if you want a free horse race handicapping program, check out the one at horsetip.com.

Hope you place your bet on the right stock, and your investment comes in first place.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

American Pharoah is the Triple Crown Winner: Are Horserace Stocks Winners?

For the first time in 37 years, a horse won the Triple Crown. A horse called American Pharaoh is only one of twelve to win the Kentucky Derby, Preakness Stakes and the Belmont Stakes.


One way to make money from horse races is to bet on a race horse, and the other way is to purchase a stock involved in the race track business. For a list of several stocks in the horse racing industry, several of which pay dividends, go to WallStreetNewsNetwork.com.

Churchill Downs (CHDN), the holding company of the Churchill Downs Racetrack, is the host of the Kentucky Derby. It also owns Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 49 times trailing earnings, 23 times forward earnings. Revenues for the latest quarter were up by over 50%. The company pays a dividend of 0.8%.

Dover Downs Gaming and Entertainment (DDE), which owns Dover Downs Raceway,  a harness racing track in Delaware with pari-mutuel wagering, generated breakeven earnings. For the latest reported quarter, revenues dropped by 2.5%.

Penn National Gaming Inc. (PENN) owns several racetracks and off-track wagering operations in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward price to earnings ratio of 23.4. Revenues were up 3.6% for the latest reported quarter, and earnings rose by over 142%.

For a free downloadable list of  horse racing stocks, go to WallStreetNewsNetwork.com. Also, if you want a free horse race handicapping program, check out the one at horsetip.com.

Maybe your stock will win the Triple Crown.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Top Kentucky Derby Stocks

Only a couple more days until the Kentucky Derby, which will be held on Saturday, May 2, in Louisville, Kentucky. This is one of the most watched horse races in America. The Kentucky Derby is the first race of the Triple Crown of Thoroughbred Racing. The second race is the Preakness Stakes and the third is the Belmont Stakes.

If you want to make money from horse races, you can bet on a race horse, or you can buy a race track related stock. WallStreetNewsNetwork.com has a list of almost ten stocks in the horse racing industry, several of which pay dividends.

The host of the Kentucky Derby is Churchill Downs (CHDN), the holding company of the Churchill Downs Racetrack founded in 1875. Other operations it has includes Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 45 times trailing earnings, 18 times forward earnings. Revenues for the latest quarter were up 3.6%. The company pays a dividend of 0.9%.

Another racetrack stock is Dover Downs Gaming and Entertainment (DDE), which owns Dover Downs Raceway, which is a harness racing track with pari-mutuel wagering. The company a slight earnings loss for the latest reported quarter, and revenues dropped by 1.9%.

Penn National Gaming Inc. (PENN) owns many racetracks and off-track wagering operations in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward PE of 23. Revenues were up 1.0% for the latest reported quarter.

For a free list of  horse racing stocks which you can download, sort and update, go to WallStreetNewsNetwork.com. Also, if you want a free horse race handicapping program, check out the one at horsetip.com.

Hope you place your bet on the right stock, and your investment comes in first place.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

How to Invest in Race Horses Without Owning Racehorses

The Kentucky Derby is one of the three most watched horseraces in the United States, will be held on Saturday, May 3, in Louisville, Kentucky. The Kentucky Derby is the first race of the three of races of the Triple Crown of Thoroughbred Racing. The Derby will be followed by the Preakness Stakes and the Belmont Stakes.

There are three ways to make money from race horses. You can buy a race horse, you can bet on a race horse, or you can invest in the stock of a horse race track. WallStreetNewsNetwork.com has a list of over half a dozen stocks in the horse racing industry, several of which pay dividends.

One example is Churchill Downs (CHDN), the host of the Kentucky Derby. (By the way, if you are planning on attending the Kentucky Derby, you need to buy your tickets now.) This is the holding company of the Churchill Downs Racetrack that originally opened in 1875. It also owns Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 30 times trailing earnings, 22 times forward earnings. Revenues for the latest quarter were up 3.1% and reported earnings of $3.06 per share. The company sports a yield of 0.9%.

Another runner in the racehorse field is Dover Downs Gaming and Entertainment (DDE), which owns Dover Downs Raceway, a harness racing track with pari-mutuel wagering. The company trades at 15 times forward earnings. Revenues were down 4.1% for the latest reported quarter.

Penn National Gaming Inc. (PENN) owns racetracks and off-track wagering facilities in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward PE of 32. Revenues dropped 13.3% for the latest quarter.

For a free list of horse racing stocks which you can download, sort and update, go to WallStreetNewsNetwork.com.

Also, if you want a free horse race handicapping program, check out the one at horsetip.com.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Profit from the Kentucky Derby

The Kentucky Derby, considered to be the most famous horse race in the United States, was held this Saturday in Louisville, Kentucky. It is the first of the three major races of the Triple Crown of Thoroughbred Racing and will be followed by the Preakness Stakes and the Belmont Stakes.

Is there a way to make money on horse racing without betting on the outcome of a race? Definitely. WallStreetNewsNetwork.com turned up a list of a dozen stocks in the horse racing industry, and several of them pay dividends.

A perfect example is Churchill Downs Inc. (CHDN), the host of the Kentucky Derby. This is the holding company of the Churchill Downs Racetrack that originally opened in 1875. It also owns Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 17.2 times forward earnings, and pays a yield of 1.0%.  Revenues were up 8.8% for the latest reported quarter.

Dover Downs Gaming & Entertainment Inc. (DDE) owns Dover Downs Raceway, a harness racing track with pari-mutuel wagering. The company has a forward price to earnings ratio of 9 and pays a generous yield of 4.3%. Revenues were up 7.9% for the latest quarter.

Penn National Gaming Inc. (PENN) owns racetracks and off-track wagering facilities in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward PE of 15.6 but does not pay a dividend.

For a free list of stocks involved in the horse racing industry which you can download, sort and update, go to WallStreetNewsNetwork.com.

By the way, if you want a free horse race handicapping program, check out the one at horsetip.com.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Kentucky Derby this Saturday: Horse Race Stocks

The Kentucky Derby, considered to be the most famous horse race in the United States, will be held this Saturday in Louisville, Kentucky. It is the first segment of the Triple Crown of Thoroughbred Racing and will be followed by the Preakness Stakes and the Belmont Stakes.

The Kentucky Derby is hosted by Churchill Downs Inc. (CHDN), the holding company of the Churchill Downs Racetrack that originally opened in 1875. It also owns Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 18 times forward earnings, and pays a yield of 1.2%. As a matter of fact, WallStreetNewsNetwork.com turned up a list of a dozen stocks in the horse racing industry, and half of them pay dividends.

Dover Downs Gaming & Entertainment Inc. (DDE) owns Dover Downs Raceway, a harness racing track with pari-mutuel wagering. The company has a price to earnings ratio of 16.9 and pays a generous yield of 3.4%. Revenues were up 4.6% for the latest quarter, however, earnings dropped over 72%.

Penn National Gaming Inc. (PENN) owns racetracks and off-track wagering facilities in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward PE of 21.1 but does not pay a dividend.

For a free list of stocks involved in the horse racing industry which you can download, sort and update, go to WallStreetNewsNetwork.com.

By the way, if you want a free horse race handicapping program, check out the one at horsetip.com.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Kentucky Derby Stocks

The Kentucky Derby, probably the most famous horse race in the world, will be held on May 1, in in Louisville, Kentucky. It is the first segment of the Triple Crown of Thoroughbred Racing and will be followed by the Preakness Stakes and the Belmont Stakes.

The Kentucky Derby is hosted by Churchill Downs Inc. (CHDN), the holding company of the Churchill Downs Racetrack that originally opened in 1875. It also owns Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock has a forward P/E of 23, and pays a yield of 1.3%. The company will be announcing earnings on May 5.

Of course, there are plenty of other publicly traded companies in the horse racing industry. Canterbury Park Holding Corp. (CPHC) operates year-round pari-mutuel wagering on simulcast and live horse races, along with track concessions and card games, at the Canterbury Park Racetrack in Minnesota which it owns and operates. The stock has a P/E of 579. This is a low cap stock and should be considered speculative.

Dover Downs Gaming & Entertainment Inc. (DDE) owns Dover Downs Raceway, a harness racing track with pari-mutuel wagering. The company has a forward P/E of 10.8 and pays a yield of 2.9%.

Magna Entertainment Corp. (MECAQ.PK) owns several horse racetracks and off track facilities. The company just won approval of its Chapter 11 reorganization. This is a very low cap stock and should therefore be considered very speculative.

MTR Gaming Group Inc. (MNTG) owns racetracks in West Virginia, Pennsylvania, and Ohio. Earnings have recently been negative. This is a low cap stock and should be considered speculative.

Penn National Gaming Inc. (PENN) owns racetracks and off-track wagering facilities in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward PE of 22.

By the way, if you want a free horse race handicapping program, check out the one at horsetip.com.

Author does not own any of the above.

By Stockerblog.com