Author Topic: if the meadowlands could get-----  (Read 1964 times)

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rainman2

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if the meadowlands could get-----
« on: March 08, 2025, 10:17:55 PM »
slots, card games, sports gambling, and other gambling (roulette, blackjack, et al), what would the purses be like?

Kenny

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Re: if the meadowlands could get-----
« Reply #1 on: March 08, 2025, 11:58:21 PM »
slots, card games, sports gambling, and other gambling (roulette, blackjack, et al), what would the purses be like?

Why should the income from those unrelated products subsidize racing?

seen2much

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Re: if the meadowlands could get-----
« Reply #2 on: March 09, 2025, 09:57:48 AM »
slots, card games, sports gambling, and other gambling (roulette, blackjack, et al), what would the purses be like?
They would be great. A return to racing four nights a week would help the sport.

Grandstand Handicapper

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Re: if the meadowlands could get-----
« Reply #3 on: March 09, 2025, 10:20:23 AM »
Why should the income from those unrelated products subsidize racing?

If the Meadowlands had ownership or business agreements with ownership, then it wouldn't be subsidies. It's called business.

mwins

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Re: if the meadowlands could get-----
« Reply #4 on: March 09, 2025, 10:33:17 AM »
At Woodbine and Mohawk it is called RENT.

Papillon

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Re: if the meadowlands could get-----
« Reply #5 on: March 09, 2025, 10:54:31 AM »
ridiculous thread

Pacer 2

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Re: if the meadowlands could get-----
« Reply #6 on: March 09, 2025, 01:05:58 PM »
Weren't they and Freehold at one time getting some money from Atlantic City?

jupiter

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Re: if the meadowlands could get-----
« Reply #7 on: March 09, 2025, 01:10:15 PM »
Never going to get casino!!!!!!!!!!!!! Thank AC and all the money they have spent. They have leverage we got nothing to bring to the table.

toothman

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Re: if the meadowlands could get-----
« Reply #8 on: March 09, 2025, 01:31:20 PM »
Never going to get casino!!!!!!!!!!!!! Thank AC and all the money they have spent. They have leverage we got nothing to bring to the table.

I would say geography, but that could easily end when the NY licenses are awarded....

Kenny

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Re: if the meadowlands could get-----
« Reply #9 on: March 09, 2025, 05:48:56 PM »
If the Meadowlands had ownership or business agreements with ownership, then it wouldn't be subsidies. It's called business.

So you want different owners for slots, sports gambling, racing, etc. It does not work that way. If a business has a line of business which is not profitable, they close it.

Stan durbread

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Re: if the meadowlands could get-----
« Reply #10 on: March 09, 2025, 05:55:53 PM »
So you want different owners for slots, sports gambling, racing, etc. It does not work that way. If a business has a line of business which is not profitable, they close it.
Does your local grocery still sell bread?  It is always a loss due to waste. But if they don’t have it they ain’t gonna get people in stores. A simple business term. It is called loss leaders. Sometimes you have to lose money on one product to make more on others

Kenny

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Re: if the meadowlands could get-----
« Reply #11 on: March 09, 2025, 06:14:30 PM »
Does your local grocery still sell bread?  It is always a loss due to waste. But if they don’t have it they ain’t gonna get people in stores. A simple business term. It is called loss leaders. Sometimes you have to lose money on one product to make more on others

This is not bread. Racing is not a loss leaders that contributes to the other lines of business, it is a loser. The space of a few slot machines generates as much revenue as racing. Add to that the value of all that land the racing facilities take up. Hotels, townhomes, retail, restaurants, etc. would be worth more than the racing.

pocketrocketwinner

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Re: if the meadowlands could get-----
« Reply #12 on: March 09, 2025, 06:21:14 PM »
Does your local grocery still sell bread?  It is always a loss due to waste. But if they don’t have it they ain’t gonna get people in stores. A simple business term. It is called loss leaders. Sometimes you have to lose money on one product to make more on others

While bread does draw customers into a grocery store, racing draws nobody into a casino

Grandstand Handicapper

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Re: if the meadowlands could get-----
« Reply #13 on: March 09, 2025, 07:04:00 PM »
So you want different owners for slots, sports gambling, racing, etc. It does not work that way. If a business has a line of business which is not profitable, they close it.

I won't speak to your first question/point, because I already see that is a waste of time.

As to your second point, in the world of business, apparently you never heard of a loss leader. I really wish you were in my business. I'd do better. But, if you bet on horses, then you are, and thank you very much!

rainman2

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Re: if the meadowlands could get-----
« Reply #14 on: March 09, 2025, 07:30:13 PM »
ridiculous thread

Please start a thread or 2 so we can critique what you do here on horseplop.

Thank you.

 

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