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re: Fair Grounds racing season is in peril after owner says it plans to pull out of Louisiana
Posted on 6/10/25 at 8:38 pm to Aspercel
Posted on 6/10/25 at 8:38 pm to Aspercel
All I heard was that Church Hill says they can’t make money with the current contract wit the slots they have and want their own slots
Tom Benson tried to buy the fairgrounds years ago before he died and now Gayle wants to follow through at his wishes and Bernhard has enough money and he’s huge into gambling and horse racing.
Tom Benson tried to buy the fairgrounds years ago before he died and now Gayle wants to follow through at his wishes and Bernhard has enough money and he’s huge into gambling and horse racing.
2
Posted on 6/10/25 at 8:39 pm to Aspercel
I heard was that Church Hill says they can’t make money with the current contract wit the slots they have and want their own slots
Tom Benson tried to buy the fairgrounds years ago before he died and now Gayle wants to follow through at his wishes and Bernhard has enough money and he’s huge into gambling and horse racing.
Tom Benson tried to buy the fairgrounds years ago before he died and now Gayle wants to follow through at his wishes and Bernhard has enough money and he’s huge into gambling and horse racing.
Posted on 6/10/25 at 8:46 pm to profdillweed
Y’all know I think Churchill is the fricking devil. They are the absolute worst. What they did to the Illinois horseman and Arlington park is still so infuriating. Thank god they can’t sell for a stadium.
They tried to back door and just go ahead to install the HHR machines is what I heard. Louie roussel was right about them being fine on slot revenue for years. Don’t they have a sports book there too?
I still think they are bluffing. Especially with the hard media push today.
They tried to back door and just go ahead to install the HHR machines is what I heard. Louie roussel was right about them being fine on slot revenue for years. Don’t they have a sports book there too?
I still think they are bluffing. Especially with the hard media push today.
Posted on 6/10/25 at 8:52 pm to Aspercel
quote:
They tried to back door and just go ahead to install the HHR machines is what I heard. Louie roussel was right about them being fine on slot revenue for years. Don’t they have a sports book there too? I still think they are bluffing. Especially with the hard media push today.
I heard the same thing and I agree. They are playing games and getting called out
Posted on 6/10/25 at 8:55 pm to profdillweed
They are bullies and they think by starting the death march on Twitter they will end up getting their way.
Posted on 6/10/25 at 8:58 pm to profdillweed
quote:
They are playing games and getting called out
The fricking irony of this post
Posted on 6/10/25 at 9:11 pm to Major Dutch Schaefer
Who you vote for is important.
It's crazy how the will of the people is ignored.
But at least we have chem trail and window tint legislation.
It's crazy how the will of the people is ignored.
But at least we have chem trail and window tint legislation.
Posted on 6/10/25 at 9:16 pm to Slagathor
quote:
- CDI posted $2.7bn in full-year revenue for 2024, up 11% from 2023, with Q4 revenue increasing 11% to $624.2m
- Net income for Q4 rose 24% year-on-year to $71.7m, while full-year net income increased by 2% to $426.8m
CDI is pissed because their HHR machines were illegally (per the LSC) put into service and have to be approved via ballot in Orleans parish. They are not in financial trouble. They are simply trying to leverage money from the state to cover lost revenues while waiting for voter approval of the HHR machines. This is a shakedown. Tell them to pound sand.
Posted on 6/10/25 at 9:18 pm to thegambler
Churchill is awful I am no fan of Landry but glad he is not caving to them. Let Bsnson or Bernhard buy the track CDI has done nothing for the track since they bought it
Posted on 6/10/25 at 9:20 pm to Major Dutch Schaefer
Love to go to the races a couple of times a year.
Posted on 6/10/25 at 9:25 pm to tigerinthebueche
quote:
This is a shakedown.
Surely you jest. Billion dollar corporations run on razor thin margins at best and this is all due to inflation, not greed!
/s
Posted on 6/10/25 at 9:31 pm to Slagathor
Some actually do. Not many, but some.
Posted on 6/10/25 at 9:36 pm to glassman
quote:
glassman
quote:
Some actually do. Not many, but some.
For the purposes of this discussion, CHDN certainly doesn’t.
Too bad Pr08fDilweed ran his dad’s business into the ground, it really coulda been something. What a retard.
Posted on 6/10/25 at 9:36 pm to Major Dutch Schaefer
I am not certain that Gayle has the cash. She has the wealth but that is not the same as cash. There are a lot of debt obligations against that wealth, much from the settlement with the other heirs.
Churchill purchased the property for $47,000,000 in 2002. If they give up their licenses they cannot afford to let the property sit still and the city could make their life miserable until they sold. I have no idea how to calculate a purchase price with the historical designation issue.
The best deal would be for Penn National to partner with a local investor to own.manage it. Or perhaps Stronach Group.
Churchill purchased the property for $47,000,000 in 2002. If they give up their licenses they cannot afford to let the property sit still and the city could make their life miserable until they sold. I have no idea how to calculate a purchase price with the historical designation issue.
The best deal would be for Penn National to partner with a local investor to own.manage it. Or perhaps Stronach Group.
Posted on 6/10/25 at 9:40 pm to Cell of Awareness
Stronach is not much better than Churchill.
Posted on 6/10/25 at 9:46 pm to Jim Rockford
quote:
Stronach is not much better than Churchill.
I would only want them as operator in partnership and not driving the bus. I would hate to see a local try and run a racetrack.
My ideal would be a partnership with Keeneland but I do not believe they have a want for such a deal.
This post was edited on 6/10/25 at 9:49 pm
Posted on 6/10/25 at 9:57 pm to Jim Rockford
They are every bit as bad and Belinda’s greedy arse is forcing decoupling to kill it.
Posted on 6/10/25 at 10:16 pm to Cell of Awareness
quote:She’ll be fine on a purchase of the Fair Grounds to a motivated seller.
I am not certain that Gayle has the cash. She has the wealth but that is not the same as cash. There are a lot of debt obligations against that wealth, much from the settlement with the other heirs.
Something tells me you aren’t familiar with how wealth in 2025 works and how much revenue an NFL franchise generates over the past 40 years, her familial debt obligations be damned.
Posted on 6/10/25 at 11:08 pm to Major Dutch Schaefer
BYE
Posted on 6/10/25 at 11:57 pm to profdillweed
quote:I’d be remiss if I didn’t acknowledge your efforts to stay awake this late given your alcoholism, advanced age, and obvious moral failings
profdillweed
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