Speaking to shareholders May 7 via conference call, Churchill Downs Inc. president and chief executive officer Bob Evans said, "The solution for tracks without slots is to cut purses, to cut races, and race days, or to cut all three."

Alice Chandler has no intention of shooting craps in a fancy, glitzy casino. Wouldn't be the same. Now 82, she harkens back to her youth when she would try to make her point in a tack room with the men on her dad's Beaumont Farm. She loves recalling how at the tender age of 10, she won $600 and Triple Crown-winning jockey Smokey Saunders' car. "I came home bragging about it, and daddy made me give it all back," she said smiling.