Conducts pari-mutuel wagering on live Thoroughbred, Quarter Horse & Standardbred horse racing & simulcast signals of races. It offers racing services through its other interests as well as alternative gaming through video poker machines in Louisiana.
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Very low PE. Seems like a great value play.
Your 'Very Low PE' contains a 66M of profit (aka 140% of organic horse wagering revenue) from selling Hollywood park in Sept 05. I dont think they'll be able to reproduce that this quarter.