Author Topic: What does harness racing need---  (Read 20545 times)

0 Members and 1 Guest are viewing this topic.

Calhoun

  • Elite
  • ******
  • Posts: 16289
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: 26737
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: 2713
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: Yeah but even post anything on his thread then he crys like the Lil beotch he is!
    Today at 04:46:50 PM
  • Calhoun: Yeah, that guy roots down on Calhoun then takes joy in my horse getting injured. Just a ShitHead.
    Today at 03:47:25 PM
  • wiggles44: Calhoun’s picks are much better than Sweet/Trigger/Senator Blutarskys picks :)
    Today at 02:44:37 PM
  • Sweet: Nice 4th in a $300k, at 65-1 he out ran my 2, so I'm eating my words  ngc3
    Today at 01:06:22 PM
  • Lockedin with Pace: Thanks for your concern
    Today at 01:05:09 PM
  • Calhoun: Maybe you're the Easter Bunny, who cares?  And you're welcome. We're here to help.
    Today at 01:03:38 PM
  • Lockedin with Pace: Maybe I know "G" personally and know what a liar he is but I'm done wasting my time on him, and thanks for keeping track.
    Today at 12:52:26 PM
  • Lockedin with Pace: To expose him as the liar he is but I'm done with him.r as BS-er
    Today at 12:51:10 PM
SimplePortal 2.3.7 © 2008-2026, SimplePortal