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  #1  
Old 11-04-2007, 09:22 AM
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SentToStud SentToStud is offline
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Average gross take per machine for quarter ending September 30:

Gulfstream $74
Mardi Gras (Hollywood Dog Track) $167
Isle Casino (Pompano PArk) $214

In January and February, Gulfstream averaged $326.

Gaming lobbyists claimed the three would average $500 per machine per day, year round. Experts now say Gulfstream got hurt by not having $.01 machines.

http://www.baltimoresun.com/news/bal...3.story?page=1
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  #2  
Old 11-04-2007, 10:34 AM
ELA ELA is offline
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I wonder why the machines haven't met the expectations, projections, etc. that all the studies and reports had claimed.

Eric
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  #3  
Old 11-04-2007, 11:11 AM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by ELA
I wonder why the machines haven't met the expectations, projections, etc. that all the studies and reports had claimed.

Eric
Maybe because there are two competing slots parlors that are nearby? The Hard Rock as a fullblown casino has a lot more to offer than GP and the dog track or Mardi Gras or whatever its called is less than a mile away.
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  #4  
Old 11-04-2007, 11:24 AM
ELA ELA is offline
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Quote:
Originally Posted by Cannon Shell
Maybe because there are two competing slots parlors that are nearby? The Hard Rock as a fullblown casino has a lot more to offer than GP and the dog track or Mardi Gras or whatever its called is less than a mile away.
Without question. Certainly this is a factor, and certainly this was known as well.

Eric
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  #5  
Old 11-04-2007, 11:27 AM
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Bobby Fischer Bobby Fischer is offline
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when you make more money and you still want to claim a loss, all you have to do is claim more expenses.
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  #6  
Old 11-06-2007, 09:04 AM
freddymo freddymo is offline
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Quote:
Originally Posted by Cannon Shell
Maybe because there are two competing slots parlors that are nearby? The Hard Rock as a fullblown casino has a lot more to offer than GP and the dog track or Mardi Gras or whatever its called is less than a mile away.
The Hard Rock is hardly a full blown casino.
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  #7  
Old 11-04-2007, 05:59 PM
bogeydaman bogeydaman is offline
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Quote:
Originally Posted by ELA
I wonder why the machines haven't met the expectations, projections, etc. that all the studies and reports had claimed.

Eric
Just go to the 3 places and you will clearly see why Gulfstream cannot compete with the Dog and Harness Tracks (if you are looking to play slots). The Harness Track (Casino part) is beautiful. Not only are the slot machines making money, but the Poker tables are always full. Things are only going to get worse for Gulfstream this winter.

They recently passed legislation that allows Calder, Pompano, etc to simulcast the Gulfstream Meet (and Vice Versa). Many people from the north are betting Calder at Pompano Park during the day. This will continue (to a lesser extent) when Gulfstream opens. They will still get the simulcast handle, but on site attendance should be way down. They will get decent attendance for some of the big Saturday's, but it will be a ghost town during the weekday.

I an guessing even when Gulfstream opens for live racing they will still have less slot revenue than the harness track.
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  #8  
Old 11-05-2007, 04:56 PM
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Gulfstream will bounce back a little this year because they should have the casino part completely up and running when the meet starts, unlike last year. They need more big time concerts. I even liked it better when they just had weekly B-list concerts.

It still can't compete with places like the Hard Rock though.

The thing that sucks about Gulfstream is the seating and the track configuration. It is almost like they really just wanted to make it a casino that has horse racing instead of horse racing with a casino.
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  #9  
Old 11-05-2007, 05:50 PM
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slotdirt slotdirt is offline
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I don't have them on me, but the slots revenue at Charles Town is - and will continue to be - unreal. You'd think the folks down at Gulfstream would have taken a look at the successful racino business models before doing what they did down there.
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  #10  
Old 11-05-2007, 06:38 PM
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SentToStud SentToStud is offline
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Hard Rock is not a full blown casino. Slots and poker; that's it.

Pompano is nice. They did a nice job there. And they still have $1 beer nights. Too bad their takeout starts at a usurious 20.5% w-p-s. But the place is absolutely packed on weekends.

I haven't been to HollyDog since they put in slots. But it sure has to be easier for slot people to get in and out of there than Gulfstream.

Personally, I like Gulfstream. I have never been there on a day when the grandtand is full, despite it's size. That includes F-Derby Day and Sun Millions Day. On the other hand, the simulcast area is packed on weekends. That is what people want.

I expect Gulf to have a poor meet again. Bad management and FairGrounds purses should be way up this year. Gulf has noone to blame but themselves. They have had the pick of the liter as far as quality horses go and they have had lousy meets the past 3-4 years.
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  #11  
Old 11-06-2007, 03:06 PM
MISTERGEE MISTERGEE is offline
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gulfstream is under construction again with a mall and hotel being built. the parking and traffic wil be a nightmare again this year and probably next as they have just barely broke ground
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  #12  
Old 11-06-2007, 06:06 PM
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SentToStud SentToStud is offline
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Quote:
Originally Posted by Cardus
Dollar beer nights? Does it have Heineken at a buck?
yes. And the steeds crap medium-rare sirloin steaks that go for $2.59.

You should run and get in line now.
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