HORSEPLOP.COM
General Category => Harness Racing => Topic started by: Atthetrack7 on January 01, 2021, 09:11:26 AM
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A PISS POOR PRODUCT LOAN?
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How does he possibly get the 20mil state subsidy with the amount of money he makes with the sportsbook? Something very wrong there
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Sports books have a very small margin.
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if they ever give this guy a casino, there better be iron clad contracts to add 2 more weekly race days... 4 days a week mandatory
what is that FFF..... Fat Fucker Ford doing to help New Jersey horsemen? Kissing the track owners ass don't appear to be working
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Sports books have a very small margin.
Are you aware of the revenue numbers? They did better than las vegas has ever done, ever.
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A PISS POOR PRODUCT LOAN?
How does he possibly get the 20mil state subsidy with the amount of money he makes with the sportsbook? Something very wrong there
Maybe the should repeal section 230!, with so much disinformation on here.
The N.J. horse subsidy is 15M with 4.5M for the Meadowlands.
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Maybe the should repeal section 230!, with so much disinformation on here.
The N.J. horse subsidy is 15M with 4.5M for the Meadowlands.
You are right about the #. Do you think 15 mil is justified being how much money monmouth and the Meadowlands is making with sports wagering? Gural's insufferable begging looked greedy.
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You are right about the #. Do you think 15 mil is justified being how much money monmouth and the Meadowlands is making with sports wagering? Gural's insufferable begging looked greedy.
I agree subsidies can and should be debated.......... Some like healthcare & housing are more important than others....
But governments provide subsidies to many many business examples.....
Agriculture subsidies. ...
Oil subsidies. ...
Housing subsidies. ...
Healthcare subsidies. ...
Export subsidies. ...
Before the subsidies were granted, Gural committed to also adding 1Million from his sportsbook profits if they were approved.
Something he's not required to do, he could have taken the subsidies without adding his money, so I don't think that is greedy.
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Can someone produce the net profit the Sportsbook at the Meadowlands made ?
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https://www.app.com/story/sports/2020/01/14/nj-sports-betting-more-than-4-5-billion-wagered-2019/2755482001/
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Can someone produce the net profit the Sportsbook at the Meadowlands made ?
This link should show you month by month the online wager and onsite. https://www.playnj.com/sports-betting/revenue/
This link explains what the revenue numbers mean. https://www.nj.gov/oag/ge/docs/SportsBetting/SportsWageringGrossRevInfo.pdf
So year to date, meadowlands did 154 million revenue online. And another 18 million live. Heres the link to nj with the full breakdown and minuses from the gross revenue
https://www.nj.gov/oag/ge/docs/Financials/SWRTaxReturns/2020/November2020.pdf
. Lets just say the sportsbook is making him filthy rich and he is getting subsidies and fucking over racing.
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This link should show you month by month the online wager and onsite. https://www.playnj.com/sports-betting/revenue/
This link explains what the revenue numbers mean. https://www.nj.gov/oag/ge/docs/SportsBetting/SportsWageringGrossRevInfo.pdf
So year to date, meadowlands did 154 million revenue online. And another 18 million live. Heres the link to nj with the full breakdown and minuses from the gross revenue
https://www.nj.gov/oag/ge/docs/Financials/SWRTaxReturns/2020/November2020.pdf
. Lets just say the sportsbook is making him filthy rich and he is getting subsidies and fucking over racing.
His numbers are off the charts
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I agree subsidies can and should be debated.......... Some like healthcare & housing are more important than others....
But governments provide subsidies to many many business examples.....
Agriculture subsidies. ...
Oil subsidies. ...
Housing subsidies. ...
Healthcare subsidies. ...
Export subsidies. ...
Before the subsidies were granted, Gural committed to also adding 1Million from his sportsbook profits if they were approved.
Something he's not required to do, he could have taken the subsidies without adding his money, so I don't think that is greedy.
The revenue in that link shows what im talking about. 20mil in November. Lets say that bets $5 mil after expenses,tax,etc
Thats 60 mil a year for gural, he gives 1 to purses.
You really think thats fair?