Quote:
Originally Posted by philcski
Kulina is hoping for a 20-25% daily increase. I'm not sure how much of that is managing expectations or whatever, but I think they do better than that number easily.
As a fan of Monmouth Park I also am concerned about it going forward. I love that they're taking a stand, a shot to try something new and possibly revolutionary, instead of just dying a slow death. The purse subsidy ends this year and I could see the AC casinos crying that they're doing poorly because PA has casinos now, etc and not wanting to re-up. What happens from there? Does Monmouth get their own slot parlor? Would it even be worth pursuing? From a more rosy perspective, what if this crazy idea actually works and they turn a 50% increase in handle? Does the industry take a clue?
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I hope they do great but it seems highly unlikely they get that kind of increase over their
weekend days from prior meets. Sure if they go total days the numbers may look better but that's a funny way to look at it.
Remember, the big purses are not for the entire meet. If you take the entire meet into account it seems hard to believe they will achieve that kind of success.