Author Topic: What does harness racing need---  (Read 11974 times)

0 Members and 1 Guest are viewing this topic.

Calhoun

  • Elite
  • ******
  • Posts: 15056
Re: What does harness racing need---
« Reply #60 on: December 10, 2023, 07:26:35 PM »
At Pocono Downs, I don't think Mohegan Sun owns the race related property such as the track and the paddock and they don't own the gambling license which is why they can't dump racing.
I don't think that is correct.  I believe Mohegan
 Sun bought the track from Penn National in 2005 for $280 Million.

https://www.casinocitytimes.com/news/article/mohegan-sun-reports-mixed-results-150362

(8th, or so, bullet point)

Stan durbread

  • Elite
  • ******
  • Posts: 2089
Re: What does harness racing need---
« Reply #61 on: December 10, 2023, 07:50:49 PM »
That is not how it works in PA. The horse racing development fund is a tax on slots play. The government decides what the money is used for. PA has a bunch of stand alone casinos and the harness tracks are owned by the casino companies. PA has already tried to divert the money. They just need a few more votes in the legislature.
The newer stand alone casinos came later on and they all had to pay a huge licensing fee. If I remember right it was 100 million up front to even get started

rainman2

  • Living Legend
  • *******
  • Posts: 22271
Re: What does harness racing need---
« Reply #62 on: December 10, 2023, 08:38:46 PM »
The newer stand alone casinos came later on and they all had to pay a huge licensing fee. If I remember right it was 100 million up front to even get started

Look what New York States charges for licensing fees!!  What a bargain!!

MIKE CAMPBELL

  • Elite
  • ******
  • Posts: 2073
Re: What does harness racing need---
« Reply #63 on: December 10, 2023, 09:47:28 PM »
I don't think that is correct.  I believe Mohegan
 Sun bought the track from Penn National in 2005 for $280 Million.

https://www.casinocitytimes.com/news/article/mohegan-sun-reports-mixed-results-150362

(8th, or so, bullet point)
Maybe I got it wrong but the PHHA told me that Mohegan Sun owns everything but the actual track, paddock and gaming license. The grandstand, parking lot and surrounding property are all owned by Mohegan Sun.

Generation XYZ

  • Elite
  • ******
  • Posts: 3573
  • HARNESS RACING IS DEAD, CALL THE CORONER!
Re: What does harness racing need---
« Reply #64 on: December 10, 2023, 11:06:05 PM »
Maybe I got it wrong but the PHHA told me that Mohegan Sun owns everything but the actual track, paddock and gaming license. The grandstand, parking lot and surrounding property are all owned by Mohegan Sun.

That sounds about right
Pay to Play, Play to Win!

 

shout out

Refresh History
  • Sound off !
  • It's Post Time: Only an asshole like you would spend the time trying to access people's posting history, unfortunately you took a wrong turn and are lost, now back to square one and try again!
    Today at 04:26:55 AM
  • It's Post Time: Your attempt at being a private eye is about as good as your handiucapping
    Today at 04:24:49 AM
  • Trigger: This fucking cunt, Maxx Bucknell, impersonates JT with a J T handle, then a fake he fakes Meadow Ford handle, ends with gh2009, now been back as It's Post Time stalking the live action wagering threads because he can't wager with Idabet.  I gave you my email address you sick fucking faggot stalker.  What are your afraid of other than everything!   ;D
    October 27, 2025, 11:38:58 PM
  • Trigger: BC Workouts :) [link]
    October 27, 2025, 08:10:15 PM
  • Trigger: "Why does Horseplop have so many low class posters?" - AIDS Virus Kenny...Must be a pleasure to go to his fav restaurant, all the pubes, spit, piss and toe jam you can eat!   ;D
    October 27, 2025, 06:31:06 PM
  • Trigger: 10-4 on losing the boat option, Trump might of blown it to smiterines anyway if someone lit a jay.  FATSO dead silent, figures.
    October 27, 2025, 04:23:49 PM
  • Kirby's Ace: I don't know if i would suggest taking a boat!
    October 27, 2025, 01:22:26 PM
  • Trigger: You know anyone in Jamaice tell them to get out now, charter a plane a fast boat and head away from Hurricane Melissa.  Not just wind speedf 150mph, storm moving too slow 5mph, the country is going to be devastated.  No word from Fatso about aiding?
    October 26, 2025, 11:48:26 PM
SimplePortal 2.3.7 © 2008-2025, SimplePortal