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#1
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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
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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
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#4
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Eric |
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#5
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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
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#7
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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
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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
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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.
__________________
The world's foremost expert on virtually everything on the Redskins 2010 season: "Im going to go out on a limb here. I say they make the playoffs." |
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#10
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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
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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
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You should run and get in line now. |