**Oaklawn Racetrack and Casino** ## **Overview** Oaklawn Racetrack and Casino is a thoroughbred racetrack and casino located in Hot Springs, Arkansas. The track opened in 1904 and is the oldest racetrack in Arkansas. Oaklawn is home to the Arkansas Derby, one of the most prestigious races in American horse racing. The casino offers a variety of games, including slots, table games, and poker. Oaklawn is also a popular destination for live music and other events. ## **History** Oaklawn Racetrack was founded in 1904 by Charles and J.W. Stevens. The track was originally located on a 100-acre tract of land in Hot Springs. The first race at Oaklawn was held on May 3, 1904. In 1905, Oaklawn was sold to a group of investors led by William Randolph Hearst. Hearst made a number of improvements to the track, including the addition of a grandstand and a clubhouse. In 1938, Oaklawn was…