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Episode 40: How Gambling Dollars are Handled in Horse Racing
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We bet you've never heard of "settlements" before this episode! Today you're going to learn all about how and where the gambling dollars in horse racing are handled, who processes those dollars, and the prevention of money laundering. Special guests Laurel Humbert-Stock, Racing and Wagering Finance Manager at Keeneland, and Kaitlin Fox, Chief Operating Officer at CHRIMS-PGSI, introduce listeners to their fascinating careers, explain complex terminology, and even touch on work-life balance as mothers. If you love numbers, or want to better understand the pari-mutuel system, settlements and payouts, you're going to love this episode!
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