tag:blogger.com,1999:blog-8711985.post3605129476874187936..comments2024-03-05T05:38:22.024-05:00Comments on Left at the Gate: Wynn LosesAlan Mannhttp://www.blogger.com/profile/12570505944559196118noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-8711985.post-24875479872336762872009-11-16T21:11:04.185-05:002009-11-16T21:11:04.185-05:00If you have ever stayed at the Wynn Resort in Vega...If you have ever stayed at the Wynn Resort in Vegas you will know that Aqueduct is losing a serious contender.<br /> Is it by chance that the powers in Macau invited Mr.Wynn to build a casino? <br />I don't think so!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-55265919049956612592009-11-05T16:59:50.790-05:002009-11-05T16:59:50.790-05:00so Penn National is in the hunt? how thin can they...so Penn National is in the hunt? how thin can they stretch themselves? Big deal in Kansas, (2) casinos coming in Ohio, the Fountainbleu (sp) in Vegas, they even had a shot at Lone star Park in Texas. That cash can only go so far. Regional to national may break their bank and the companies ability to control its businesses as well. I can only hope Aqueduct doesn't become a Penn National in PA or a Charlestown in WVA. Wake up NY!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-65191195894481934202009-11-05T12:34:31.521-05:002009-11-05T12:34:31.521-05:00Wynn's Macao cash would also be subject to US ...Wynn's Macao cash would also be subject to US Taxation the second it entered the country.<br /><br />So while he has the cash, it will be expensive for him to use it for this project.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-3923340436339055982009-11-05T09:01:16.208-05:002009-11-05T09:01:16.208-05:00All of a sudden, MGM/Peebles believe they are in a...All of a sudden, MGM/Peebles believe they are in as a top contender? R. Donahue Pebbles has never done anything of this magnitude, anywhere. On the Yank's radio satellite broadcast last night, MGM/Foxwoods in CT, had an add going nearly every inning urging New Yorkers to go to this location. <br /><br />MGM would never comply with the New York promoting for New York only rules with casinos in both CT and big $$$$ investments in Atlantic City, NJ. It would be in their finacial interest to get NY patrons to go to the higher margin locations out of state.<br /><br />i guess in this deal, anybody can say anything they want and see what sticks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-1080819888889856702009-11-05T07:15:25.687-05:002009-11-05T07:15:25.687-05:00Mr. Wynn, one of six bidders vying for the license...Mr. Wynn, one of six bidders vying for the license at Aqueduct, had become frustrated by the extensive review process and the lack of clear rules, according to an executive who spoke with him recently.<br /><br />- In Surprise Move, Casino Magnate Abandons Bid for Aqueduct Racetrack, New York Times, November 5, 2009Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-438118894657967452009-11-04T14:45:21.461-05:002009-11-04T14:45:21.461-05:00My guess is a lot of Wynn's cash is "rest...My guess is a lot of Wynn's cash is "restricted" and meant to be kept on deposit to pay debt service and bond interest. <br /><br />Alan, has the odds board changed?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-38150897383550920252009-11-04T14:13:07.160-05:002009-11-04T14:13:07.160-05:00Or.... perhaps Wynn reappears at a later date? re...Or.... perhaps Wynn reappears at a later date? remember how many times he was in and out of the racing franchise bid, sometimes with Excelsior, sometimes on his own. he's a Belmont fan anyhow.Anonymousnoreply@blogger.com