HORSEPLOP.COM
General Category => Harness Racing => Topic started by: trottingstud on February 08, 2024, 09:28:10 PM
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https://www.msn.com/en-us/money/companies/jeff-gural-sells-tioga-downs-property-but-will-continue-to-operate-the-casino-and-racetrack/ar-BB1hZdP8
anyone know why
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Tax advantages
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Gaming and Leisure Properties, IS Gural. Its all for tax and liability purposes. IE: The fire, and law suits...Come on you guys are smarter than this. Vernon and Big M will be next.
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Gaming and Leisure Properties, IS Gural. Its all for tax and liability purposes. IE: The fire, and law suits...Come on you guys are smarter than this. Vernon and Big M will be next.
Maybe. But I don’t think so.
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Thank you for this detail. I stand corrected.
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Its a great move if decoupling happens
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Wonder if his other properties will soon follow...
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Wonder if his other properties will soon follow...
Location Location Location. That was the main gist of the sale/lease agreement
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https://www.msn.com/en-us/money/companies/jeff-gural-sells-tioga-downs-property-but-will-continue-to-operate-the-casino-and-racetrack/ar-BB1hZdP8
anyone know why
Dolla, Dolla Bills, y'all.
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An exit strategy. Jeffery is closing in on 80 years old. He has stated many times non of his heirs are interested in running a racetrack.
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Had Jeff had not got into the horse track business he would have lived to be 105. Now its 104..
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He also just purchased an adjoining property. Not sure if that was pre-sale or not.