Author Topic: Monticello Is Broke  (Read 5946 times)

0 Members and 1 Guest are viewing this topic.

MIKE CAMPBELL

  • Stakes Horse
  • *****
  • Posts: 1396
Monticello Is Broke
« on: April 02, 2018, 01:56:08 PM »
Word is bankruptcy is coming for Monticello. Bad management and bad Horsemen Association has finally put the track on life support. Minimum purse is now down to 1800 with another drop scheduled in 2 weeks. Also, Wednesdays have been eliminated, as there is not enough purse money for 4 days of racing per week. The corrupt insiders like Faraldo and Schwartz finally achieved their goal. Congratulations!!

Cal Expose

  • Top Claimer
  • ***
  • Posts: 184
Re: Monticello Is Broke
« Reply #1 on: April 02, 2018, 02:15:47 PM »
 NEW YORK HAS TOO MANY HARNESS TRACKS AS IT IS.  OVER SATURATION.  HORSEMEN WILL HAVE TO GO ELSEWHERE TO RACE, NO BIG DEAL

Dr. Adam Freeham

  • Top Claimer
  • ***
  • Posts: 123
Re: Monticello Is Broke
« Reply #2 on: April 02, 2018, 02:42:01 PM »
 We are all in this together.  Yonker should be forced to lower their purses by 1000-2000 per race and boost purses at Monti. That is the democratic way of looking at this problem

viking55

  • Elite
  • ******
  • Posts: 5098
Re: Monticello Is Broke
« Reply #3 on: April 02, 2018, 02:43:54 PM »
We are all in this together.  Yonker should be forced to lower their purses by 1000-2000 per race and boost purses at Monti. That is the democratic way of looking at this problem

That's the Socialist way of looking at the problem.  ;D

The Exporter

  • Elite
  • ******
  • Posts: 4750
Re: Monticello Is Broke
« Reply #4 on: April 02, 2018, 02:44:40 PM »
We are all in this together.  Yonker should be forced to lower their purses by 1000-2000 per race and boost purses at Monti. That is the democratic way of looking at this problem
When did you ever see a welfare recipient sharing their welfare with another?

kentuckywars

  • Elite
  • ******
  • Posts: 4851
Re: Monticello Is Broke
« Reply #5 on: April 02, 2018, 03:11:09 PM »
Without a doubt, the saddest excuse for a "racetrack" in the country. The entire town of Monticello and this "establishment" are both the poster children for welfare in America today and are clearly stuck in the 1970's with zero future.

MIKE CAMPBELL

  • Stakes Horse
  • *****
  • Posts: 1396
Re: Monticello Is Broke
« Reply #6 on: April 02, 2018, 03:56:23 PM »
Mike, not sure your info is correct. Also, Faraldo and Schwartz did negotiate a contract but If the track owners back out and squeeze the horseman and then go belly up, how is that their fault ?? Please explain in detail.
My info is rock solid. Track owner with the help of Faraldo and Schwartz put in escape clauses that dopey horsemen didn't know about or didn't care. For instance, the horsemen are responsible for their purse account. If they don't have enough to fund races for the dates appropriated, the track owner can shut down and start bankruptcy proceedings to their race business and in essence decouple it from the their casino business which is the goal of every racino owner out there. The reason it is Faraldo and Schwartz's fault is they basically gave away all simulcast income, which would have kept racing afloat for a higher piece of on track wagering which is non existent. They also didn't get an increase on VLT income and are getting nothing from new casino except for some shares of new casino which are worthless at this point, as their are lien holders on new casino who by law get their money that they lent back before shares can be cashed in. 

NJ HORSEMAN

  • Stakes Horse
  • *****
  • Posts: 877
Re: Monticello Is Broke
« Reply #7 on: April 02, 2018, 04:25:47 PM »
 TALK TO JEWFIE GURAL, I AM SURE HE WILL GLADLY GIVE 5-10% OF HIS PURSE FUNDS FROM TIOGA TO HELP MONTI OUT.  HE GOT SUCH GOOD TAX DEALS FROM ALBANY HE HAS TO BE WILLING TO SHARE

PIGLAND

  • Living Legend
  • *******
  • Posts: 163151
Re: Monticello Is Broke
« Reply #8 on: April 02, 2018, 04:31:30 PM »
the scums ruining Monticello should step down

PIGLAND

  • Living Legend
  • *******
  • Posts: 163151
Re: Monticello Is Broke
« Reply #9 on: April 02, 2018, 04:45:11 PM »
I think someone is stealing money

Yonkers1

  • Elite
  • ******
  • Posts: 4413
Re: Monticello Is Broke
« Reply #10 on: April 02, 2018, 08:31:30 PM »
I think someone is stealing money

Faraldough ?
Yonkers now the #1 track in the nation

Lotsofpace

  • 4 claimer
  • **
  • Posts: 62
Re: Monticello Is Broke
« Reply #11 on: April 02, 2018, 09:24:55 PM »
NY state should move monticello raceway to the new casino.

kantseeback

  • Elite
  • ******
  • Posts: 3095
  • YOUR FIRED !!!
Re: Monticello Is Broke
« Reply #12 on: April 02, 2018, 09:59:59 PM »
A new empty race track next to a new empty casino

Superfecta

  • Elite
  • ******
  • Posts: 3158
Re: Monticello Is Broke
« Reply #13 on: April 03, 2018, 02:44:58 AM »
NY state should move monticello raceway to the new casino.
THE RESORTS BRASS DOESN'T WANT NYRA IN NYC WHAT IN THE FUCK MAKES YOU THINK THEY'D SUCK IT UP FOR TROTTERS?

PIGLAND

  • Living Legend
  • *******
  • Posts: 163151
Re: Monticello Is Broke
« Reply #14 on: April 03, 2018, 08:29:00 AM »
its sad what a couple guys have done to monticello

 

shout out

Refresh History
  • Sound off !
  • Bernie Madoff: JFA is soiled AF.
    January 16, 2021, 08:07:45 AM
  • Fatboy: Concord grape wine?
    January 15, 2021, 09:41:00 PM
  • Calhoun: JFA is solid AF
    January 15, 2021, 06:44:52 PM
  • MagnaballGin: Looking forward to JFA's NFL plays this weekend! $$$
    January 15, 2021, 06:25:27 PM
  • Fatboy: Chinese wire won't hold up
    January 15, 2021, 06:20:01 PM
  • HornbyDuke: Mexico paying for it?
    January 15, 2021, 11:15:37 AM
  • Calhoun: Razor wire going up around capitol square.  Trump got his wall.
    January 15, 2021, 10:05:24 AM
  • HornbyDuke: Trump seriously ill. Things don't end well following
    January 14, 2021, 08:12:05 AM
SimplePortal 2.3.7 © 2008-2021, SimplePortal