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toussaud
04-04-2011, 10:31 PM
http://www.thoroughbredtimes.com/national-news/2011/04/01/laurel-pushes-maryland-jockey-club-to-69-million-loss.aspx


good god. Pimlico, is going to be fine with the boutique meet they have now. They were in the black last year. Laurel, lost 6 million dollars, in basically 7 months.

Seriously, this can't go on for much longer. I know we are for jobs and all but.. I mean, 6.9 million dollars? a year.

Delawaretrainer
04-05-2011, 07:52 AM
Wow, wonder who's idea it was to change the infield policy at Pimlico for those couple of years. Looks like that one idea cost them millions of dollars......

cj's dad
04-05-2011, 08:10 AM
http://www.thoroughbredtimes.com/national-news/2011/04/01/laurel-pushes-maryland-jockey-club-to-69-million-loss.aspx


good god. Pimlico, is going to be fine with the boutique meet they have now. They were in the black last year. Laurel, lost 6 million dollars, in basically 7 months.

Seriously, this can't go on for much longer. I know we are for jobs and all but.. I mean, 6.9 million dollars? a year.

If I remember the local news story from last week, Pimlico made a whopping profit of approx. $20,000. What I can't understand is how LP loses money when the place is pretty crowded on the Saturdays that I attend.

If it weren't for the two big days at Pimlico, the entire operation would be in the RED.

takeout
04-05-2011, 02:31 PM
Wait ‘til Stronach has to pay out that $5.5 million bonus. :lol:

castaway01
04-05-2011, 02:35 PM
Wait ‘til Stronach has to pay out that $5.5 million bonus. :lol:

In the fine print, it says that the bonus will be paid out at the rate of one dollar a year for the next 5.5 million years...