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Post by trackrat on Jun 23, 2009 12:06:43 GMT -5
It was reported that the upfront license fee will be $68 million dollars. How would Northfield raise that kind of money? Borrow? Investors? I know you don't have any details, but that's a whole lot of money for an entity that is currently run on a shoestring budget. Just curious.
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Post by thegiss on Jun 23, 2009 13:59:58 GMT -5
It was reported that the upfront license fee will be $68 million dollars. How would Northfield raise that kind of money? Borrow? Investors? I know you don't have any details, but that's a whole lot of money for an entity that is currently run on a shoestring budget. Just curious. First, reports of licensing fees have been everywhere from $25-68 million dollars and right now that is all conjecture, as are the numbers of machines. There WILL be a licensing fee and the owners of this track have the wherewithal to secure that kind of financinig, as would any partner that we might (or might not) bring in to help with the needed expertise to run slots. |
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