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Home World USA

Rowdy and rich, here’s what Preakness says about the US economy

18 May 2025
in USA
Rowdy and rich, here’s what Preakness says about the US economy
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Brandon Drenon

BBC News, reporting from Pimlico

The 150th Preakness Stakes at Pimlico Race Course attracted crowds despite economic uncertainties influenced by recent tariffs under President Trump, leading to decreased attendance compared to previous years. Participants like Ray De Rubin, who wagered on the race, expressed excitement amid the prevailing atmosphere of tradition and glamor, even as the Maryland Stadium Authority plans significant renovations for the venue. Notably, despite the economic challenges, gambling records were set at both the Derby and Preakness, indicating a complex relationship between economic distress and increased betting activity.

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Tags: EconomyHeresPreaknessRichrowdy
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