LOUISVILLE, Ky. -- It seems every racetrack is either thriving because it has slots or withering while begging for them. Churchill Downs, the home of Saturday's Kentucky Derby, would seem to be an exception.
But at Churchill, past and present officials say that looks - augmented by a recent $125 million overhaul and flattered by a Forbes magazine article that rates the Derby as No. 8 among the sports and event brands in the world - can be deceiving.
