pmm711:
.although I truly wonder who is buying
their bullchit.
I play twice a month now, maybe.
However, I see a lot of those white "Premier" icons next to players
names. Apparently, their gambit paid off, on that chum bucket
HackWilson1930: Yes, WGT answers to Topgolf and adds income
and, hopefully, profit to Topgolf's bottom line, but it operates
independently.
I have maintained from the
beginning that Topgolf, bought WGT, as a tax offset, for their huge facilities.
A successful company, at the end of the year, needs to show losses, or pay
excruciating taxes on profits, made by the higher earner.
In the road construction business,
bidding federal work, the gravel pit, the heavy equipment doing the work,
trucking companies, asphalt plants, are all different businesses. All owned by
one entity.
Each, normally has a minority as CEO,
to win bids, and look competitive, as different businesses. At the end of the
year, the trucking part of it all, is the major loss cost factor.
The
gravel pit rent’s the trucks, the heavy equipment companies rent the trucks,
the asphalt plant rents the trucks. Trucks fall apart as they drive down the
roads, need lots of repairs. End of year, all businesses claim losses on the
trucking business.
That loss is covered by the other companies’
profit, as to not be singularly taxed as one entity.
Business loophole 101
I
don’t suggest anyone run into the trucking business. To be successful, one must
have at least 15 – 20 running every day. A company near me has over 500 on the
roads.
Registrations,
overweight permits alone, cost him over a million a year, before he hauls one ton
of material.
Topgolf has a plan. In the cold weather WGT is banking coin. In both warm, and cold, Topgolf is producing bank.
Profits need to go somewhere. They sure aren't going to the PC version of development anymore.
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