Dog tracks struggle to make profit

Published: Monday, November 18, 2013 at 02:25 PM.

Hess said he wasn’t sure if the track would turn a profit in 2013 — that report won’t be out for several months — and said he wanted to talk about future possibilities, not the latest numbers, because he intends for the facility to be a part of Washington County’s future.

“Let’s focus on something positive,” he said.

 

Expansion plans

Though the track just posted an $82,873 loss in 2011, its management was initially optimistic heading into a January 2012 Washington County referendum on allowing slot machines. Despite a second losing year, executives touted the Las Vegas-style gambling devices as the linchpin for a $300 million expansion, which would include a hotel, retails shops, restaurants and entertainment venue.

Residents approved slots, but state Attorney General Pam Bondi already had put up a massive roadblock, preventing Ebro from getting a license that would have allowed up to 2,000 slot machines.

Ebro’s expansion plans are now on hold, but Hess said the track would move forward with its five-year expansion plan if his slot license were approved.



1 2 3 4 5 6 7 8
Next

Reader comments posted to this article may be published in our print edition. All rights reserved. This copyrighted material may not be re-published without permission. Links are encouraged.

COMMENTS
▲ Return to Top
 

Get new customers and grow your business with Daily Deals.com - see how it works