Author Topic: What does harness racing need---  (Read 10250 times)

0 Members and 2 Guests are viewing this topic.

Calhoun

  • Elite
  • ******
  • Posts: 14810
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: 2068
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: 22087
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

  • Stakes Horse
  • *****
  • Posts: 1921
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 !
  • dougie: For some reason, I can't ever win when that schmuck is driving! LOL!
    Today at 12:09:32 AM
  • Trigger: He didn't like the whip otherwise might of got 2nd.  Nice try Dougie.
    July 13, 2025, 11:39:03 PM
  • dougie: Sugg the pug. Broke in the lane!
    July 13, 2025, 11:38:49 PM
  • dougie: Just dropped $20Win $60 Place on Kurt Sugg and the #1 in the 14th at Northfield.
    July 13, 2025, 11:31:40 PM
  • Trigger: One judge was oveheard, "America First" - DISQUALIFIED!   ;D
    July 13, 2025, 02:26:29 PM
  • Trigger: Funny how every single one of us missed it.  The Meadowlands Pace, the #4 was Canadian connections, the #9 was NY, USA connections.  Ohhhh.
    July 13, 2025, 01:28:19 AM
  • Trigger: $6,000 super for a dime with a 3/5 on top.  Next time I need more studying.
    July 12, 2025, 11:39:16 PM
  • Trigger: I love being wrong $! :)
    July 12, 2025, 11:08:19 PM
SimplePortal 2.3.7 © 2008-2025, SimplePortal