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Originally Posted by eurobounce
Frank is a genius. Man that man is a pretty good business guy. He will now go to the states and say I need gambling or I am going to sell the tracks to a real estate company to tear down and build houses, condos, or a business park. He owns the land and this is what is important. He holds all the cards in this matter. He will show them the statements and show them all the money he has put into the tracks and he will say, now it is on you (state) to give me gambling or I will have to sell. The states will give in and in about 5 years MEC will be operating in the red.
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Exactly. That real estate is the key to everything. The states need that gambling money and he can get whatever he wants as long as he knows that real estate can be sold at a huge profit. He got the government addicted to the gambling money and now he gets whatever he wants or they lose their gambling money. Brilliant!