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General Category => Harness Racing => Topic started by: Rfan31 on May 12, 2018, 08:12:13 PM

Title: Meadowlands Has To Be Making Bank
Post by: Rfan31 on May 12, 2018, 08:12:13 PM: The way they have their purse structure setup vs handle... Plus how they use the Meadowlands Facilities for more things other than horse racing they have to be making record profits right now.

At the end of the day you could make purses at $100 a race, and the handle would stay about the same. If you kick the Millers out this will increase handle also.
Title: Re: Meadowlands Has To Be Making Bank
Post by: Rfan31 on May 12, 2018, 09:31:15 PM: How can he be losing money?????
Title: Re: Meadowlands Has To Be Making Bank
Post by: Rabbi Of Racing on May 12, 2018, 09:32:52 PM: Jeff is getting buried
Title: Re: Meadowlands Has To Be Making Bank
Post by: slivercharm on May 12, 2018, 11:19:52 PM: Track makes no money on cartel. Kind of like internet companies 20 years ago lost money with every sale they made sales skyrocket losses did the same
Title: Re: Meadowlands Has To Be Making Bank
Post by: The Exporter on May 13, 2018, 06:58:22 AM: How much is the debt service on the $100 million capital improvements?
Title: Re: Meadowlands Has To Be Making Bank
Post by: In front on May 13, 2018, 02:26:42 PM: Quote from: The Exporter on May 13, 2018, 06:58:22 AM
How much is the debt service on the $100 million capital improvements?

I’m guessing 4 million/year