gural sells tioga property

[trottingstud]

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

[Locked in with pace]

Tax advantages

[Generation XYZ]

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.

[CMJAnew]

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.

[Generation XYZ]

Thank you for this detail. I stand corrected.

[White Rabbit]

Its a great move if decoupling happens

[Generation XYZ]

Wonder if his other properties will soon follow...

[CMJAnew]

Wonder if his other properties will soon follow...

Location Location Location. That was the main gist of the sale/lease agreement

[Calhoun]

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.

[The Exporter]

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.

[Parked]

Had Jeff had not got into the horse track business he would have lived to be 105. Now its 104..

[CMJAnew]

He also just purchased an adjoining property. Not sure if that was pre-sale or not.