Fee impasse threatening signal distribution (UPDATE: Deal in place)

[joeydb]

Originally Posted by Kasept

Their revenues from gaming are governed by the laws of the Pennsylvania Race Horse Development and Gaming Act. They can't 'pare down operations'. And their simulcast revenue is a raindrop in an ocean anyway. Greenwood is certainly a sad outfit that isn't interested in the racing product, but the Mid-Atlantic/Monarch dispute means little to their business.

Though I can't say what will happen this year with Sal Sinatra gone to Maryland, in their defense, they actively and successfully promoted the PA Derby/Cotillion Day.

Fair enough. They have to keep some racing dates to keep the casino open. But if they were to drop tracks from their simulcast offerings, that really stinks for those in the radius of that "exclusion zone". I doubt the law is written to allow people to go wager Gulfstream somewhere else as an exception to the geographic requirement.