Author Topic: What does harness racing need---  (Read 19020 times)

0 Members and 1 Guest are viewing this topic.

Calhoun

  • Elite
  • ******
  • Posts: 16012
Re: What does harness racing need---
« Reply #60 on: December 10, 2023, 07:26:35 PM »
At Pocono Downs, I don't think Mohegan Sun owns the race related property such as the track and the paddock and they don't own the gambling license which is why they can't dump racing.
I don't think that is correct.  I believe Mohegan
 Sun bought the track from Penn National in 2005 for $280 Million.

https://www.casinocitytimes.com/news/article/mohegan-sun-reports-mixed-results-150362

(8th, or so, bullet point)

Stan durbread

  • Elite
  • ******
  • Posts: 2273
Re: What does harness racing need---
« Reply #61 on: December 10, 2023, 07:50:49 PM »
That is not how it works in PA. The horse racing development fund is a tax on slots play. The government decides what the money is used for. PA has a bunch of stand alone casinos and the harness tracks are owned by the casino companies. PA has already tried to divert the money. They just need a few more votes in the legislature.
The newer stand alone casinos came later on and they all had to pay a huge licensing fee. If I remember right it was 100 million up front to even get started

rainman2

  • Living Legend
  • *******
  • Posts: 24975
Re: What does harness racing need---
« Reply #62 on: December 10, 2023, 08:38:46 PM »
The newer stand alone casinos came later on and they all had to pay a huge licensing fee. If I remember right it was 100 million up front to even get started

Look what New York States charges for licensing fees!!  What a bargain!!

MIKE CAMPBELL

  • Elite
  • ******
  • Posts: 2573
Re: What does harness racing need---
« Reply #63 on: December 10, 2023, 09:47:28 PM »
I don't think that is correct.  I believe Mohegan
 Sun bought the track from Penn National in 2005 for $280 Million.

https://www.casinocitytimes.com/news/article/mohegan-sun-reports-mixed-results-150362

(8th, or so, bullet point)
Maybe I got it wrong but the PHHA told me that Mohegan Sun owns everything but the actual track, paddock and gaming license. The grandstand, parking lot and surrounding property are all owned by Mohegan Sun.

Generation XYZ

  • Elite
  • ******
  • Posts: 3573
  • HARNESS RACING IS DEAD, CALL THE CORONER!
Re: What does harness racing need---
« Reply #64 on: December 10, 2023, 11:06:05 PM »
Maybe I got it wrong but the PHHA told me that Mohegan Sun owns everything but the actual track, paddock and gaming license. The grandstand, parking lot and surrounding property are all owned by Mohegan Sun.

That sounds about right
Pay to Play, Play to Win!

 

shout out

Refresh History
  • Sound off !
  • Kirby's Ace: As you can see. Noone pays you any mind..Just go away! Your run is over!  11.wp
    Today at 02:04:00 PM
  • Sweet: What are the odds if Mark, Howard, Joe, and or Ron had their PPP loans investigated that they would come up clean  ngc3 for example can you pay for illegal substances to be used as performance agents on horses  ngc3 10 year statute of limitations  ;D
    July 31, 2026, 08:15:58 PM
  • Sweet: captaintreacherou s you want to suck the shit stains out of Gural's drawers, awwww  ngc3
    July 31, 2026, 07:28:35 PM
  • Sweet: Del Mar Race 7 - #8 Pavlovian, Dougie touted this horse and he was a monster, almost went w2w with the best 3 yo's, now he's sprinting, 7/2 ml  tmbz1
    July 31, 2026, 07:21:54 PM
  • Sweet: AgentQ aka Qtard  ngc3 takes the short bus, let's be easy on the lil' man  ngc3
    July 31, 2026, 07:07:16 PM
  • Sweet: Please GOD take out the trash and their entire fucking families once and for all time!  ;D
    July 31, 2026, 06:55:41 PM
  • Sweet: 4 so reverred dudes getting nearly $1,500,000 in government welfare to sustain their law practices and stables  ngc3
    July 31, 2026, 06:55:00 PM
  • Kirby's Ace: thx guys. Paulie Petrelli has been quiet and now you had to wake his Sweetness    73cv.2
    July 31, 2026, 01:21:16 PM
SimplePortal 2.3.7 © 2008-2026, SimplePortal