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SBD/Issue 64/Facilities & Venues
Published December 13, 2010
In Baltimore, Hanah Cho reported MI Developments and Penn National Gaming, the owners of Laurel Park and Pimlico Race Course, "proposed Friday to run 77 days of live racing next year" at the tracks "that would conclude after the Preakness Stakes in May." MI Developments and Penn National "had sought approval to operate a 47-day racing schedule next year at Laurel Park and Pimlico, or about one-third of this year's racing schedule of 146 days." But the Maryland Racing Commission "unanimously rejected that plan late last month." The new racing schedule "needs the approval of the racing commission, which is expected to meet Dec. 21." Penn National also said that it "would pursue slots at Laurel Park" (Baltimore SUN, 12/11).
HITTING THE BRAKES: SCENEDAILY.com's Bob Pockrass reported the NASCAR HOF "has a tentative plan to cut at least $4.1 million -- nearly 30 percent -- in planned expenses from its original 2010-2011 fiscal year budget that runs through June in hopes of keeping its operating deficit under control." The plan was sent to the Charlotte City Council Friday night. The HOF "would slash its sales and marketing budget by $1.2 million, including reducing by $500,000 the amount it spends on advertising and promotions." Another $1.2M "would be cut from exhibit management, which would include less rotation of exhibits designed to be changed periodically." Also "potentially eliminated would be community sponsorships, travel of personnel to industry events and not filling open positions -- to the tune of another" $1.2M. Another $500,000 "would be cut in reducing part-time staffing, security and supplies" (SCENEDAILY.com, 12/11).
|Prudential Center Floor Will Transition 12
Times During An 11-Day Time Frame
REVOLVING DOOR: The 400 employees at Prudential Center in Newark will transition the arena's floor 12 times in the 11-day span between Thursday, Dec. 9 and Sunday, Dec. 19. The arena hosted the Vinny Maddalone vs. Tomasz Adamek heavyweight card on Dec. 9, followed by a concert by musician Usher, a Devils hockey game and a Nets basketball game. The arena will host three more Nets games, two more Devils games, two Seton Hall Univ. basketball games and the Trans-Siberian Orchestra before having the night off Monday, Dec. 20. According to an arena spokesperson, employees will accrue 25,000 total hours of overtime pay during that stretch (Fred Dreier, SportsBusiness Journal).
PLANNING AHEAD: In S.F., Matier & Ross reported Pro Football HOFer Joe Montana and an investment group that includes former 49ers Owner Eddie DeBartolo are "looking at following the team to Santa Clara to build a hotel, restaurant, sports bar and entertainment center right across from the planned stadium." Montana and his backers are "seeking an exclusive, 18-month negotiating agreement with Santa Clara." Assistant City Manager Ron Garratt "called the Montana-DeBartolo proposal 'very preliminary,' and said Santa Clara would consider its options for developing the city-owned property -- including whether to put it out to bid -- after the holidays" (S.F. CHRONICLE, 12/12).