Author Topic: What does harness racing need---  (Read 11186 times)

0 Members and 1 Guest are viewing this topic.

Calhoun

  • Elite
  • ******
  • Posts: 14955
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: 2070
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: 22231
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: 2021
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 !
  • Trigger: Thank you for the advise LUCPARK, and Calhoun for adjusting my meds.  Starting tomorrow all grudges squashed, as promised.  I will not post anywhere other than the live action thread in the t-bred section for 1 month.  There or PM, for 1 month!
    September 10, 2025, 09:48:43 PM
  • Trigger: Charlie Kirk: "You should be allowed to say outrageous things" [link]
    September 10, 2025, 09:21:33 PM
  • Trigger: Live expectancy in the United States 1n 1900 was 47, today 78, why isn't it 200, why?  You damn well know why, divisiveness, selfishness, ego, evil.  You're not anything but a human being, don't forget that!
    September 10, 2025, 08:03:06 PM
  • Trigger: Losing streak is over!  Killed at Harrington.  Thank you Kirbys Ace, appreciation and gratitude for the challenge!  I love the people of Delaware!   tmbz1
    September 10, 2025, 05:15:20 PM
  • Trigger: Sorry Calhoun my eyes are too filled with tears to be accurate  ngc3
    September 10, 2025, 04:52:15 PM
  • Calhoun: I actually bet on a horse named Miss Wobbles today. Maybe the worst name possible for a race horse. I got what I deserved. Somebody, shoot me.
    September 10, 2025, 04:49:59 PM
  • Trigger: rump's Truth Social [link]
    September 10, 2025, 04:48:34 PM
  • Trigger: Trump just reported Charlie Kirk is dead!
    September 10, 2025, 04:44:01 PM
SimplePortal 2.3.7 © 2008-2025, SimplePortal