Broward County racetrack casino reven...

Broward County racetrack casino revenues tumble as economy weakens

There are 19 comments on the South Florida Sun-Sentinel story from Oct 22, 2008, titled Broward County racetrack casino revenues tumble as economy weakens. In it, South Florida Sun-Sentinel reports that:

It's an awful time to run a casino. The only machines most people can afford to pump money into these days spit out gasoline, not shiny coins and dreams of early retirement.

Join the discussion below, or Read more at South Florida Sun-Sentinel.

READTHIS

United States

#1 Oct 22, 2008
People are suck scum. At the cocunut creak casino they wait in line for two hours to get five dollars in free slot play. You people are pathetic
Truth

Columbia, SC

#2 Oct 23, 2008
Yet the indian casino which doesnt pay crap is packed every night
Rose Bush

Fort Lauderdale, FL

#3 Oct 23, 2008
Now, here's an "industry" that really should go bankrupt.
Buckeye

Hollywood, FL

#4 Oct 23, 2008
Peoples spending is usually proportional to their disposable income. Who has money to piddle away in one armed bandit?
Kiley

Deerfield Beach, FL

#5 Oct 23, 2008
I agree. The one woman was quoted as saying she was gambling less because things are tight. Now if she was winning ever--wouldn't she be increasing her gambling because things are tight? I find it sad that people go there several times a week to piss their money away.
Rose Bush wrote:
Now, here's an "industry" that really should go bankrupt.
Old School

Lake Worth, FL

#6 Oct 23, 2008
Gulf Stream has a casino? I thought they used to be a race track until they decided to systematically kill that Icon to build a gigantic shopping mall and hotel that is currently under construction. It looks like a very grand and cheap Hispanic holiday inn. I especially like the steel frame and styrofoam construction. That's a structurally nice touch on the hurricane prone coast east of federal hwy. Now that's what I call a gamble. The beauty part is they used outside contractors to do the project. It seems our local money is good but we're not good enough to employ.
Filthstream

Boynton Beach, FL

#7 Oct 23, 2008
Old School wrote:
Gulf Stream has a casino? I thought they used to be a race track until they decided to systematically kill that Icon to build a gigantic shopping mall and hotel that is currently under construction. It looks like a very grand and cheap Hispanic holiday inn. I especially like the steel frame and styrofoam construction. That's a structurally nice touch on the hurricane prone coast east of federal hwy. Now that's what I call a gamble. The beauty part is they used outside contractors to do the project. It seems our local money is good but we're not good enough to employ.
Well now that DADE has approved slot gaming, Brunetti/Hialeah coming back to life again???
Stephens

Hollywood, FL

#8 Oct 23, 2008
Gambling is one of the causes of sales tax short falls.
nice

Texarkana, AR

#9 Oct 23, 2008
The business will pick up when the economy improves. Vegas casinos are hurting big time now. I still think that hotel-casino's are the way to go to bring more tourists and grab another piece of the tourism market. The sun, sand and entertainment casino/hotel mecca would be a non-stopable force.

Every industry that revolves around disposable income will suffer this and into next year. Wait until everyone sees the tourism numbers this season. Outch.
FINE

Fort Lauderdale, FL

#10 Oct 23, 2008
Poor them, I feel sympathy for them, now their Indian citizen can't get $100k divident per year and they make Charlie "drop like the MF rock" Cris look bad.
Hit Me

Boynton Beach, FL

#11 Oct 23, 2008
The end is near for the track casinos.They make their money on seniors who have nothing to do, spending their retirement checks. Not a good business plan.
Yard Dart

Fort Lauderdale, FL

#12 Oct 23, 2008
nice wrote:
The business will pick up when the economy improves. Vegas casinos are hurting big time now. I still think that hotel-casino's are the way to go to bring more tourists and grab another piece of the tourism market. The sun, sand and entertainment casino/hotel mecca would be a non-stopable force.
Every industry that revolves around disposable income will suffer this and into next year. Wait until everyone sees the tourism numbers this season. Outch.
You hit the nail on the head. Every year my Mom comes down to visit me for 3 months and while I'm at work during the week she walks Gulfstream and bets on the horses on Thurs & Fridays. I think her visit would only be a month as she would get bored if it wasn't for racing. She usually only spends $20 ($2 a race) if she doesn't win any races and gets to sit in the sun and read between races. Otherwise she would be shoveling the white stuff up North. On weekends I sometimes go to the races and look at the license plates in the parking lot and notice a ton of out of state cars and a diverse crowd at the races.
concerned

Hollywood, FL

#13 Oct 23, 2008
Its a damn shame that this state continues to suck a 50% tax on GROSS Profits as these racinos are laying off people everyday. How can you have a clean conscience and continue to take their money as the business goes down the drain. And yet not one Indian Casino has had any layoffs and continue to pack them in every night. I personally feel this state really wants the racinos to fail so they can say see told you all so this is not good for Florida. They are doing everything they can to make that happen. From taking their money to telling them how to run the business to actuall harassment of staff via credit and background checks and interfering in their personal lives. Me i am going to work for the Seminoles atleast I know I will always have a position.
concerned

Hollywood, FL

#14 Oct 23, 2008
Hit Me wrote:
The end is near for the track casinos.They make their money on seniors who have nothing to do, spending their retirement checks. Not a good business plan.
Really you can thank the good ole state of Florida for that. Oh and what about the Seminoles... They have been taking south floridians money for nearly 30years and dont pay a dime to this state. You find that OK?????????? I know I dont.
No Dirtbags or Obama

Lake Worth, FL

#15 Oct 23, 2008
Hit Me wrote:
The end is near for the track casinos.They make their money on seniors who have nothing to do, spending their retirement checks. Not a good business plan.
I agree. The tracks are full of old people waiting to die, just hanging around. The Injun casino has liqure and hot chicks. The place rocks.
Hit Me

Hollywood, FL

#17 Oct 23, 2008
No Dirtbags or Obama wrote:
<quoted text>I agree. The tracks are full of old people waiting to die, just hanging around. The Injun casino has liqure and hot chicks. The place rocks.
The dumb----- who run Gulfstream and Mardi Gras, thought all you need to be a success, is a room with slot machines. And that's all there is. No good food, or bars or lounges.They even look like dumps from the outside.
George

United States

#18 Oct 23, 2008
I used to love slot machines, pumping quarters in, pulling the handle and listening to the coins fall. I always had to do one last play on the way out the door.

The current machines are crap, I don't play them. You buy an ATM like card, put it in the computer, and push buttons until the card is empty. If you're lucky you exchange it for cash at the end of the night. No one last quarter on the way out the door.

If I want to play with a computer I'll use a Wii rather than one programmed by an accountant to maximize cash flow to the casino.

Put the quarter machines back and I'll go. Keep the computers and I don't care if the casinos their doors.

The slot machine is where you put your little card.

Since: Aug 08

Fort Lauderdale, FL

#19 Oct 23, 2008
Everyone is out on the reservation playing the Vegas style slots and Black Jack. It's not allowed anywhere else, because that's what the people WANT. The state is kissing the Seminole corn hole, and the smaller casino's will fail. That's what the indians want. Spend your money on the gambling ships.
In Broward

United States

#20 Oct 28, 2008
The parimutuel casinos in Broward have Vegas style slots. They've been there for two years now.

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