Quote:
Originally Posted by Holybull1
This is fascinating. So let's say an entity has a share (Zayats, Godolphin, whoever) and they don't have a horse that would be competitive. They could make a deal and "hire" a horse for the race, right? This makes so much sense. I love it.
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I agree; I think it sounds like fun. And I guess there's no saying someone who owns the $1 million slot couldn't sell it for more (and, arguably, a portion or the entire share in the wagering, marketing profits, etc.). It sounds like a huge moneymaker for the original investors since they will also share in net profits (which, I assume, will not be like the film industry's "net profits" which are usually zero, thanks to creative accounting!).
05-13-2016, 10:46 AM
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