The Kentucky Derby kicks off this weekend and you can bet on seeing fans in the stands. Churchill Downs CEO Bill Carstanjen joins Jason, Barr, and Lynch to talk about the business of horse racing, how sports wagering helps the industry, and the importance of the Derby for local business. Bill describes the impact the pandemic has had on the racing economy, and when he sees a full return to normalcy. Plus, we hear from Endeavor Group Holdings CEO Ari Emanuel, discussing the company's initial public offering, and why he thinks Endeavor represents the reopening story.