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Notably, the operator announced in December that it is contemplating selling its TwinSpires Racing brand, causing its share cost to spike six%. The Louisville-based firm believes a sale could produce as a lot as $1.5bn. The horse racing offering saw handle rise 31% in the third quarter in comparison to pre-pandemic levels. Investor faith can provide some indication of how the US gambling sector’s most significant names handled the opportunities and pitfalls presented final year.


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