[quote=bogeydaman][quote=georgewashington]
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Originally Posted by SentToStud
Please stop talking about something that you know nothing about. You sound like an idiot. The dog track will have problems because their handle is so low and the 50% will kill them. The racetrack will thrive. The purses will go up and the deal has already been cut with the horseman.
Agree the dog track is the least of GP worries when it comes to slots. They should be more concerned about Dania Jai Alai / Pompano Park slots and trying to remove people from the lines at the Indian Reservations / Hard Rock. That being said GP will rule the slot business for the parimutual facilities.
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You say NY Jokers are bashing MEC? Well, you're preious MEC has had ONE PROFITABLE QUARTER IN THE LAST 2 AND A HALF YEARS! They were positive $.02/share in Q1,'06. [code]
So if MEC is not making any money then why the bashing on the purse structure. They should be reducing purses to make a profit (albeit there are hundreds of variables that impact profit / loss)??? Sounds like talking out of both sides of the mouth.
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LoL Nice try, sort of. I know as much as there is to know about the slots deal, 7.5% of an expected $50 mil to the horsemen, Big ****ing Deal. $3 mil, and 75% of that will go to non-Florida based stables. Yeah, great deal.
And since you're our latest mother ****ing self-proclaimed genius of the mother ****ing world, how come there's no date-specific for slots at GP or the other spots? Yeah, right.
I still make it dollars against dimes there's slots by Jan 1.
And MEC as a great investment? You must be joking or enjoy losing money. You can't lose the kind of money they've lost and think POSSIBLE slots at GP is going to cure the stock.
If he didn't control as much stock as he does, Stronach would have gotten sh1t-canned long ago for lack of performance. Plain, simple truth. That is the way the game is played.
MEC is a game for Stronach. He is a fabulously wealthy man and MEC's parent company (which keeps plowing more $$ into MEC) is very successful.
So far he's only proven he can lose a lot of money running racetracks.