Author Topic: It's official Yonkers sold to MGM  (Read 13720 times)

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The Exporter

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Re: It's official Yonkers sold to MGM
« Reply #15 on: May 29, 2018, 01:56:01 PM »
The Fat Lady sang. Last one out...

The Exporter

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Re: It's official Yonkers sold to MGM
« Reply #16 on: May 29, 2018, 02:03:22 PM »
Who is going to pay for this Yonkers at Belmont  pipe deam? Not MGM. Not NYRA. Once MGM has a casino license,  no more purse account. 

TheGrimReaper

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Re: It's official Yonkers sold to MGM
« Reply #17 on: May 29, 2018, 02:15:21 PM »
Serious gambling businesses like MGM donít need or care about harness racing.....they want the other 99.9% of America.....itís not that complicated
THE INDUSTRY'S DEAD

PIGLAND

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Re: It's official Yonkers sold to MGM
« Reply #18 on: May 29, 2018, 02:52:05 PM »
i bet mgm is already trying to cut a deal  to end racing and expand on to where the race track is

Powerful Patricks Ghost

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Re: It's official Yonkers sold to MGM
« Reply #19 on: May 29, 2018, 03:35:30 PM »
I still think the Yonkers meet will be run on a mile track at Belmont. Small clubhouse and grandstand with sports betting. Makes the most sense. They could use the mile training track.

Why the fuck would Belmont ever agree to that?

PIGLAND

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Re: It's official Yonkers sold to MGM
« Reply #20 on: May 29, 2018, 03:47:58 PM »
No need for a clubhouse or grandstand
well said

The Exporter

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Re: It's official Yonkers sold to MGM
« Reply #21 on: May 29, 2018, 04:52:43 PM »
What would be the benefit to NYRA? The only thing NYRA is interested in from Yonkers is their right to night racing.

Exit 16W

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Re: It's official Yonkers sold to MGM
« Reply #22 on: May 29, 2018, 04:57:56 PM »
What would be the benefit to NYRA? The only thing NYRA is interested in from Yonkers is their right to night racing.
YOU CAN KISS THOSE 220+ NITES OF LIVE RACING A YEAR GOODBYE

kantseeback

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Re: It's official Yonkers sold to MGM
« Reply #23 on: May 29, 2018, 05:27:47 PM »
Seems like jeffie at M1 might inherit a windfall soon,
sports betting
all the racing and horses from YR

augustaandy

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Re: It's official Yonkers sold to MGM
« Reply #24 on: May 29, 2018, 05:29:54 PM »
Why the fuck would Belmont ever agree to that?


Belmont controlled by NYRA which means New York State

up to the governor and he wants Aqueduct and Yonkers racing at Belmont last I heard and expanded gaming at those entities to maximize profits and therefore maximize tax dollars

augustaandy

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Re: It's official Yonkers sold to MGM
« Reply #25 on: May 29, 2018, 05:34:01 PM »
Seems like jeffie at M1 might inherit a windfall soon,
sports betting
all the racing and horses from YR


soon?

transaction won't close for 6 months

Yonkers has a contract w/ horsemen and expanded gaming years away

not soon

sports betting won't raise purses much either at Meadowlands 

Boxed In

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Re: It's official Yonkers sold to MGM
« Reply #26 on: May 29, 2018, 06:34:48 PM »
ONCE MGM REALIZES RACING IS A LOSING PROPOSITION ITS ALL OVER FOR RACING..

THE CONTRACT WITH THE HORSEMAN IS WITH YONKERS NOT MGM !!!

augustaandy

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Re: It's official Yonkers sold to MGM
« Reply #27 on: May 29, 2018, 06:44:53 PM »
ONCE MGM REALIZES RACING IS A LOSING PROPOSITION ITS ALL OVER FOR RACING..

THE CONTRACT WITH THE HORSEMAN IS WITH YONKERS NOT MGM !!!


MGM assumes all Yonkers contracts upon the sale, that's the way it works, all union contracts too

The Exporter

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Re: It's official Yonkers sold to MGM
« Reply #28 on: May 29, 2018, 07:36:10 PM »

soon?

transaction won't close for 6 months

Yonkers has a contract w/ horsemen and expanded gaming years away

not soon

sports betting won't raise purses much either at Meadowlands 

Jeffie said he needs to get his money back before he even looks at sharing sports betting revenues with horsemen.

bond

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Re: It's official Yonkers sold to MGM
« Reply #29 on: May 29, 2018, 07:47:40 PM »
Jeffie said he needs to get his money back before he even looks at sharing sports betting revenues with horsemen.

Not quite

"Contrary to the misunderstanding of an earlier published
statement,Jeff assured us that the New Jersey horsemen
would participate in any revenue that would be generated
from sports betting as a much needed addition to the
Meadowlands purse account"

 

shout out

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