0 Members and 1 Guest are viewing this topic.
HEY PUKE. You read good. NO person can be as a DUMP FUC. Ya know with ya STUPID POSTIN. Down the line everythin might re-open. We sick and tired of your PROCLIMATIONS everyday.
EVERY TRACK AND EVERY STATE HAS AGREEMENTS AS PER THE LEGISLATION ON WHAT CAN BE INCREASED OR DECREASED AS PER THE LAW IN THE CASE OF A NATIONAL DISASTER. I CAN ASSURE YOU THAT IF POSSIBLE ALL TRACKS WILL CUT PURSES WITHIN THE LEGAL STRUCTURE IN ORDER TO PROTECT THEIR EARNINGS ON WALL STREET. THESE COMPNAIES NOW HAVE SHAREHOLDERS AND WILL EVERYTHING/AMYTHING TO PROTECT THEM.MANY OF THE MANAGEMENT OF THESE PUBLICLY TRADED COMPNAIES RELY ON TOCK OPTIONS TO PROTECT AND TO INCREASE THEIR INCOME AND WEALTH.THEREFORE, REST ASSURRED, THESE PUBLICLY TRADED COMPANIES ARE IN FACT EXAMINING THE CONTRACTS WITH THE HORSEMAN AND THE RELATIVE STATE AND FEDERAL LAWS TO PREPARE FOR THE RE-OPENING OF THE CASINOS/TRACKS.NO STONE WILL REMAIN UNTURNED.ASK THE AIRLINES OR GM---F---ETC. IF THEY ARE TRYING TO CUT COST IN ORDER TO SURVIVE!!!! FOLKS, THIS IS JUST THE BEGINNING OF THE PANDEMIC AND THE AFTER EFFECT---PURSES WILL BE CUT AND IT MAY TAKE YEARS TO REBUILD THE PURSE STRUCTURE.ANYONE WHO CANNOT UNDERSTAND THIS IS NOT BEING REALISTIC.THIS IS THE TRUTH!!!!! NOT A PIE IN THE SKY OR HOPIUM!! THE SHAREHOLDERS OF THESE PUBLICLY TRADED COMPANIES ARE ENTITILED TO MANAGEMENT THAT IS FULLY RESPONSIBLE FOR THEIR PER SHARE EARNINGS.PURSE WILL DROP SUBSTANTIALLY AS AFFORDED BY LAW.
The yrs to come projection is what matters. Luc keeps talking about Hoosier having money set aside. He certainly would be a good source for info regarding the tracks to which he has ties . But 2 or 3 months of racing $ is a short-term drop in the bucket. I've noted I'm in favor of opening up some. I don't see where we have any choice. The options the country has are tough choices.I'd note the NY Times today is citing an internal admin document that suggests an increase to 3000 deaths daily by 6-1 of this yr. That's almost a doubling what it is now. While I know many on here (unlike me) consider the times a bad source; it is the place leakers go to. And if the administration is internally thinking @ this number, it would be awful. Even not quarantining, that number would mean a lot more disruption. People ultimately decide themselves when there's no quarantine whether to go out or stay in.
More fake news!Actually the creator of the John Hopkins model/document says the projections were unfinished and "not in any way intended to be a forecast" The press is always looking to scare the hell out of the public!
At some whether it's mid year or into next year when casinos placed at racetracks will have new rules and regulationwith how many people can gamble revenues will be lower. When 30.8 mln people on unemployment and 7.5% of homes in forbearance it doesn't take a rocket scientist to know purse cuts will be coming at all racino tracks. Consumers will be insaving mode no spending or gambling mode. Many businesses will suffer.
Might be - there's a fair amount of misinformation floating around. I don't bank anything until I'm personally satisfied. I was just reporting the times article not saying it was correct. I'm not convinced it's fake but will acknowledge it could be. I don't have a high respect for anything coming out of the white house (or folks working with them) these days. It's (the Times piece) being reported in several major outlets though I had already seen some conservative media articles (see Washington Examiner) that supports your thinking saw.I really hope it's not true in fact. And, as it had bothered me a bit appreciate your easing those (not eliminating) worries. It not being accurate would be what's best for my family and that's always my priority. I could give a rats ass if the orange haired clown is in Washington for another 4 yrs if in return this were to disappear.While I am in favor of some reopening I'll be honest it unnerves me deeply. It's not only the human toll but the economic cost that our kids will absorb. So, I expect an uptick, but am worried about how bad. We do need to see and another 30 days will give us some more info. Let me ask, you note fake news a lot - you gotta believe in something other than harness weekly. Who do you trust? If I hear Fox, I'll be disappointed. That's just the opposite version of CNN.
AS I STATED IN MY PREVIOUS POST THE TRACKS WILL EXAMINE THE CONTRACTS WITH THE HORSEMEN AND THE TRACKS WILL EXAMINE STATE AND FEDERAL LAWS ---PASSED BY THE LEGISLATORS ----TO FOLLOW THE LAW. THE LAW IS THE LAW. THE CASINOS ARE PUBLICLY TRADED AND WILL IN FACT DO EVERYTHING POSSIBLE WITHIN THEIR RIGHTS TO PAY OUT LESS. I ASSUME THE CONTRACTS ARE PAID ON A PERCENTAGE OF CASINO BETS/SLOTS, ETC. I REALIZE THERE IS A CONTRACTS AND THE HORSEMENT ARE PRTECTED TO A POINT.AT 2:24 PM TODAY THE HOUSE INTRODUCED A NEW STIMULUS BILL WITH APPROXIMATELY $2,000 PER MONTH GOING TO EVERYONE AGE 16 AND ABOVE UNTIL THIS PANDEMIC ENDS. WE ARE IN A STATE OF EMERGENCY AND TRUTHFULLY NO ONE KNOWS HOW REOPENING THE STATES WILL WORK IN REGARDS TO THE VIRUS REOCCURRING ---OR JUST DISAPPEARING. IF THEY ARE CONSIDERING A BILL SUCH AS THIS---WE OBVIOUSLY DO NOT EXPECT A RAPID RECOVERY AND THE BETTORS TO RETURN TO THE CASINOS OVERNIGHT!!! DO YOU?THE STOCK MARKET HAS CREATED MANY MILLIONAIRES AND HAVE CREATED LOSSES IN THE TRILLIONS!!! DO YOU THINK YEARLING SALES WILL BE UP THIS YEAR AS WELL? I THINK NOT.A NEW CHALLENGE FOR THE INDUSTRY. SURE HOPE YOU HAVE STRONG LEADERSHIP AS IT WILL BE REQUIRED FOR IT TO SURVIVE AS IT ONCE WAS!!!!NOT LIKE THE OLD DAYS---THAT IS FOR SURE!! WHEN THE ADIOS HAD THE HILL COVERED WITH THOUSANDS !!! ROOSEVELT HAD STANDING ROOM ONLY !!! POMPANI HAD STANLEY DANCER AND BILL HAUGHTON WITH OVER HUNDRED EACH ON THE OPPOSITE SIDE OF THE TRACK AT THE TRAINING CENTER AND DELVIN WAS STANDING ADIOS!!!TIMES HAVE CHANGED MY FRIENDS!!!
casinos are not expected to open soon ,until then there will be no welfare . casinos also project a major loss of revenue for years to come
