On this episode of the Business of Betting podcast, Jason is joined by Katie Bo Lillis, CNN intelligence reporter and author of Death of a Racehorse: An American Story.   Hear them discuss: 01:06 – Katie’s rural upbringing and start at the racetrack02:28 – From walking hots to bloodstock reporting in Saratoga03:10 – Thoroughbreds, quarter horses, and racing’s breed confusion04:21 – How horse racing thrives globally in Ireland and Hong Kong05:13 – Racing’s financial dependence on gambling and takeout07:06 – Parimutuel betting, field sizes, and why it still matters08:28 – Why racing can’t build stars like Formula 1 does10:05 – Short careers and shifting allegiances hurt fan engagement12:13 – Flightline and the business logic behind early retirements13:33 – Breeding economics: 200 mares at $250k per stallion15:27 – The rising tension between tradition and modernization19:19 – The central ethical dilemma: horse fatalities and public trust24:06 – Why catastrophic leg injuries mean euthanasia25:59 – Sudden deaths, arrhythmias, and unknown causes28:30 – The Baffert controversy and thyroid drug concerns30:20 – Breakdowns and the real welfare crisis in racing34:50 – Overbreeding from flawed sires: risks to the sport   ⚡️ Follow BoB on Twitter/X ⚡️ Watch BoB on Youtube ⚡️ Follow Jason on Twitter/X   ⚡️ Apply to be a guest here       --- This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.