Jeff Gural on losing money on racing at the Meadowlands

[pocketrocketwinner]

I agree.  Meadowlands wouldn't be racing at all if not for him.

Do you know this for a fact?
I disagree. The state would have reopened racing to operate the sportsbook when it was legalized.

[Harness racer]

I guess that's possible.  But do they need a racetrack to have a sportsbook? 

[White Rabbit]

No they don’t. JG  made and agreement to race and have SB. Soon as he figures out how to change the clause racing will have to fund its self with handle and state subsidies.

[pocketrocketwinner]

I guess that's possible.  But do they need a racetrack to have a sportsbook?

Yes. The state would have had a line a mile deep to take over both operations. The book is very lucrative.

[In It Deep]

Big fckin crybaby

Shut it down
Hebrew track owner play the  VICTIM  role

Perfectly

HE HAS NO BALLS TO SHUT IT DOWN

Hi Race Trotter, I don’t Racer Pacer, so I just eliminate the Pacers what a little fucking Cunt

Tough language for an industry pillar

[Yonkers1A]

Mr Gural is getting up there in age. He has said on multiple occasion that his son is not interested. I suggest all whiners and complainers pool there money and buy the track.

[Stan durbread]

The track is not for sale. Gural only has a lease on it. If Gural and his investors decide to stop tomorrow they get the original $100 million plus 10%. That was the deal the state made them on the lease if no casino. I don’t care for the way he picks and chooses but they could have walked away last year with a 10 million profit. He obviously cares about racing or they would of

[pocketrocketwinner]

The track is not for sale. Gural only has a lease on it. If Gural and his investors decide to stop tomorrow they get the original $100 million plus 10%. That was the deal the state made them on the lease if no casino. I don’t care for the way he picks and chooses but they could have walked away last year with a 10 million profit. He obviously cares about racing or they would of

Nobody would hand over that sportsbook (with the failing racetrack) and a give away leverage for a possible casino for 10MM.

[M P]

What's amazing is none of these ideas include how to make a dead industry living off welfare pay for itself.

[Grandstand Handicapper]

I predict that the Meadowlands will be around far longer than anyone here.

[rainman2]

I predict that the Meadowlands will be around far longer than anyone here.

Who/which group will be in charge of the meadowlands when this occurs?

[Miguel_Sanchez]

The track is not for sale. Gural only has a lease on it. If Gural and his investors decide to stop tomorrow they get the original $100 million plus 10%. That was the deal the state made them on the lease if no casino. I don’t care for the way he picks and chooses but they could have walked away last year with a 10 million profit. He obviously cares about racing or they would of

That is incorrect!  Gural gets his money backplus 10% the investors are fucked.

[The Exporter]

A 10% profit over 12 years is no windfall at any level. If his stories of paying out of pocket for all he says is true, 10 million would be a huge loss.

[Stan durbread]

That is incorrect!  Gural gets his money backplus 10% the investors are fucked.

Yea I’m sure the other investors were willing to take a lessor deal than Gural got. Thanks for showing you’re ignorance again XYZ

[Locked in with pace]

Gural is a very wealthy man. I'm curious if he is giving himself a salary at the Meadowlands.Curio us about what he is paying Settlemore. I am fine with their salaries if they are in range with industry norms. If they are much higher, that looks bad.