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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.
He pays millions out of pocket. If he is required to take a check it's probably a dollar. Incredible how people love counting everyone else's money when it's those same people they need to survive.
Settlemoire is pulling down 500k to 750K easy
where and when does he pay millions out of pocket?
Care to talk about the $5m state subsidy for use on overnight races , not stake races, MP?I did the math on here before. He actually has to produce roughly $4700 per race on those overnights,and he's got his big $3m handle to offset that. Still he continues to cry poverty and whine.
In compliance with the state purse subsidy agreement, the Meadowlands receives $6 million a year for overnight purses, only. Racing 92 days this year gives you about $65,000 a night on a common 14 race card. The 3.5 million in total wagering equates to about $92,000 a night . So, the overnight purses distributed on a 14 race card is about $11.500.00 a race. Now these figures don't include rebates of off track wagers. I have no clue as to what they may be. Accepting these figures as true or close to true, I don't doubt there are many Jeffery dollars in the purses. Be it overnights or stake races.