HORSEPLOP.COM

General Category => Harness Racing => Topic started by: trottingstud on February 08, 2024, 09:28:10 PM

Title: gural sells tioga property
Post by: trottingstud on February 08, 2024, 09:28:10 PM: 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
Title: Re: gural sells tioga property
Post by: Locked in with pace on February 08, 2024, 09:39:13 PM: Tax advantages
Title: Re: gural sells tioga property
Post by: Generation XYZ on February 09, 2024, 08:56:53 AM: 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.
Title: Re: gural sells tioga property
Post by: CMJAnew on February 09, 2024, 04:27:35 PM: Quote from: Generation XYZ on February 09, 2024, 08:56:53 AM
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.
Title: Re: gural sells tioga property
Post by: Generation XYZ on February 09, 2024, 05:26:14 PM: Thank you for this detail. I stand corrected.
Title: Re: gural sells tioga property
Post by: White Rabbit on February 09, 2024, 09:34:48 PM: Its a great move if decoupling happens
Title: Re: gural sells tioga property
Post by: Generation XYZ on February 09, 2024, 09:53:37 PM: Wonder if his other properties will soon follow...
Title: Re: gural sells tioga property
Post by: CMJAnew on February 10, 2024, 06:11:58 AM: Quote from: Generation XYZ on February 09, 2024, 09:53:37 PM
Wonder if his other properties will soon follow...

Location Location Location. That was the main gist of the sale/lease agreement
Title: Re: gural sells tioga property
Post by: Calhoun on February 10, 2024, 06:27:57 AM: Quote from: trottingstud on February 08, 2024, 09:28:10 PM
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.
Title: Re: gural sells tioga property
Post by: The Exporter on February 10, 2024, 07:20:06 AM: 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.
Title: Re: gural sells tioga property
Post by: Parked on February 10, 2024, 12:32:14 PM: Had Jeff had not got into the horse track business he would have lived to be 105. Now its 104..
Title: Re: gural sells tioga property
Post by: CMJAnew on February 10, 2024, 04:37:48 PM: He also just purchased an adjoining property. Not sure if that was pre-sale or not.