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Originally Posted by DerbyTrail
Remarkable...
Bruno is in favor of 'privatization'? Really? When did he say that?
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He said it. I know he did! He said "I am in favor of privatization".
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Originally Posted by DerbyTrail
He's in favor of getting a grip on franchise revenues to pay back the people who have been schmeering him and his dolt son for the past three years. NOTHING ELSE. Enough already with trying to legitimize his senility-addled machinations.
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Your entitled to your opinion, however, I find resorting to personal attacks on elected officials an uncivilized and loathsome practice.
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Originally Posted by DerbyTrail
And which 'vision' that CDI and Magna has forwarded are you championing? The ruination of Gulfstream Park? The unfulfilled promises at nearly every Magna venue? The squandering of tens of millions of dollars that has MEI devalued to the point where it can no longer borrow a dime and is desperate to sell off as much property as it can?
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Customers drive the business. CDI and Magna are doing what they believe is necessary to retain the exsisting customer base and attract new ones. That can't be done by patching up 100 year old facilities and selling only one product. The new Gulfstream is a nice facililty. It's comfortable, has fine dining and entertainment, a card room, and the simulcast center, I hear, is usually full. The slot machines have been disappointing...so far. There's a lot of competition from Indian casinos, but the ultimate result has yet to be seen.
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Originally Posted by DerbyTrail
Maybe it's CDI's renovated Churchill you're impressed with... Ask the KY horsemen how they feel about CDI's "vision". They spent $140MM to renovate CD for the 2 days people actually go there, and are paying for it by sticking it to the backstretch. How's their 'vision' working out at Calder? And their 'vision' having sold off Hollywood guaranteeing it gets bulldozed by 2010?
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Sometimes tough decisions have to be made. It's customers that grow the business. CDI owns Holloywood, and the decision to sell is legitimately theirs to make. It's likely that the elimination of Hollywood Park is simply a boon to other tracks in CA. At least if Magna and CDI fail, their assets will be sold and there will be new track operators. They won't drag down taxpayers with them.
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Originally Posted by DerbyTrail
MTR is an example where racino is working? That's laughable.
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They're laughing all right. All the way to the bank. Check out the annual report at
http://www.mtrgaming.com/ir/ar06.pdf. They have a record of increasing revenues and a healthy net income. They have significant debt but they are expanding. They've just built a new track. Imagine that! They're expanding while NYRA wants to sell.
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Originally Posted by DerbyTrail
No one at MTR even knows there are horses running. The horsemen complain endlessly about how the track is maintained as the Gaming Execs do everything they can do to minimize the racing aspect there despite raking in junketeer nickels and dimes. (If you're going to use an example of success, at least use Remington, New Mexico and Pennsylvania.)
As usual, no realities actually apply when it comes to NYRA bashing.
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As your post typifies, horsemen complain about everything. It's either the polytrack or the lack of a polytrack, the way a course is maintained, or about purses. They're like the degenerates who bet a race, curse when they lose and declare the game is fixed, then proceed to buy another ticket. You can always count on some folks to sing the same old song right on cue.
