JackB247
Well-known member
Really hope it stays but I'd be worried.
Entain, the company that own Coral (and Ladbrokes who have just shut Crayford) who own the track in Hove, have got some financial troubles principally caused by major regulatory fines they've received in recent times. They've just had another Chief Exec leave after only 6 months and look to be a bit of a mess.
This would make me worry about Hove's future when as other contributors have pointed out, crowds are down on what they used to be and the potential value of the land is so high.
Other revenue streams from betting (media rights for pictures principally) are likely worth more than you think but whether that's enough we shall see.
Greyhound racing - unlike horseracing - does not benefit from a statutory levy which also doesn't help.
Entain, the company that own Coral (and Ladbrokes who have just shut Crayford) who own the track in Hove, have got some financial troubles principally caused by major regulatory fines they've received in recent times. They've just had another Chief Exec leave after only 6 months and look to be a bit of a mess.
This would make me worry about Hove's future when as other contributors have pointed out, crowds are down on what they used to be and the potential value of the land is so high.
Other revenue streams from betting (media rights for pictures principally) are likely worth more than you think but whether that's enough we shall see.
Greyhound racing - unlike horseracing - does not benefit from a statutory levy which also doesn't help.