Player Avatar bbcz (47.31) Submitted: 9/9/2006 9:56:03 PM : Underperform Start Price: $34.59 CHDN Score: -112.02

Do you know anyone who bets on the horses anymore?

Shortterm, I expect them to miss expectations.

I wonder if this is a longterm asset play though. They sold Hollywood park for 250M while only decreasing book asset value by 150M.

Also, it could be a turnaround play if those slot machines ever get installed like they hope.

Anyway, in the short term I think we're headed down. Horsey revenue isn't growing.

Report this Post 2 Replies
Member Avatar boomrsix (90.09) Submitted: 4/2/2007 10:37:27 AM
Recs: 0

I guess it depends on where you live. Everyone I know bets the horses. MM Louisville, KY

Member Avatar MakeEasyMoney365 (97.51) Submitted: 8/3/2012 10:40:25 AM
Recs: 0

You're not paying attention. This company is doing more then just horse racing business. they are looking to build land-based casinos as well as get into online poker when legislation passes. Look at their acquisitions of Bluff Magazine and Card Player magazine. They have bigger plans.

Featured Broker Partners