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Investigate HISA. Fine. Just Don't Stop There. We Meant Everybody.

POSTED: September 10, 2026

When Churchill Downs asked the Federal Trade Commission to investigate HISA, I wrote that I had no problem with it. Investigate HISA. Investigate HIWU. Investigate...

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The Belmont Stakes Isn't Broken. Don't Fix It.

POSTED: September 8, 2026

First The Triple Crown, Now The Belmont Stakes, The Former Test of Champions, Morto I knew this was coming. I wanted to be wrong, but...

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CAW Handle Fell. Retail Handle Rose. Saratoga Set a Record. But What Exactly Are We Counting?

POSTED: September 8, 2026

For years, horseplayers who questioned computer assisted wagering have been given essentially the same warning. Be careful what you wish for. CAW represents too much...

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PTW SEC Round Up: LSU Is Back, The Big Ten Sucks

POSTED: September 8, 2026

Recapping the week that was in SEC football Kevin Gazzale Week 1 is in the books and boy was it a doozy. I personally started...

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A Bet Is Locked. A Position Is Traded. Did the Ninth Circuit Ask the Wrong Question?

POSTED: September 2, 2026

The latest appellate blow to Kalshi was significant. There is no reason to minimize it, spin it or pretend otherwise. On August 28, 2026, the...

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Something Happened That Sunday. Now We Know More. Somehow, We Have More Questions.

POSTED: September 1, 2026

When we first wrote “Something Happened Sunday,” the title was deliberate. Something happened. We knew that much. What we did not know was exactly what...

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Churchill Downs Wants HISA Investigated. Fine. Just Don’t Stop There.

POSTED: August 31, 2026

Churchill Downs Incorporated wants the Federal Trade Commission to conduct an independent review of HISA. Fine. Actually, more than fine. I am all for it....

Columns

A Bet By Any Other Name: Prediction Markets Just Got Their Supreme Court Problem

POSTED: August 30, 2026

A Blow to the Prediction Markets, Follow That Money and Where it Goes There are certain places where irony is simply too good to ignore....

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What Does The Jockey Club Statement Actually Say

POSTED: August 27, 2026

When They Show You Who They Are, Believe Them There are moments when an industry tells you exactly who it is. Not necessarily by what...

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Columns RSS feed

Investigate HISA. Fine. Just Don't Stop There. We Meant Everybody.

The Belmont Stakes Isn't Broken. Don't Fix It.

CAW Handle Fell. Retail Handle Rose. Saratoga Set a Record. But What Exactly Are We Counting?

PTW SEC Round Up: LSU Is Back, The Big Ten Sucks

A Bet Is Locked. A Position Is Traded. Did the Ninth Circuit Ask the Wrong Question?

Something Happened That Sunday. Now We Know More. Somehow, We Have More Questions.

Churchill Downs Wants HISA Investigated. Fine. Just Don’t Stop There.

A Bet By Any Other Name: Prediction Markets Just Got Their Supreme Court Problem

What Does The Jockey Club Statement Actually Say

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