saratogahalfday
Well-known member
- Joined
- Jul 22, 2020
I have to think Magic can survive a bad start to the season financially. They've diversified pretty well since they took over (weddings, mountain rentals, concerts, act). Yes, they've spent a lot on expanding the holding pond and getting the black chair up and almost operational, but season pass sales were strong this season and hopefully they presold some daily tickets.I know.
@MNIAW at TGR had this grave assessment on Magic yesterday:
One thing that could be an issue is I'm sure their commercial insurance rates continue to rise dramatically, given the recent flooding. I'm no expert in the VT market, but it has to be a pressure point for them these days.