Business

Dania Jai-Alai Sold for $80 Million

By Deirdra Funcheon Mon., May 2 2011 at 11:52 AM
Categories: Business
jaialai2.jpg
Jesus Abizanda / flickr
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Las Vegas-based Boyd Gaming Corp. announced today that it is selling the assets of Dania Jai-Alai for $80 million cash. The buyer is said to be a group of private investors organized as Dania Entertainment Center LLC (that entity is not registered in the online database of Florida's Division of Corporations).

The sale is expected to





be final September 26. It's unclear whether the purchase price includes the land and building -- according to the Broward County Property Appraiser, that is owned by the Aragon Group and was last valued at $27,392,650.

Calls to the seller and to the general manager of Dania Jai-Alai were not immediately returned. We will update if/when we have more information.

You may be interested in reading this feature by Sam Eifling, which detailed the challenges the sport of jai alai was facing even back in 2005.
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Vikgoli
Vikgoli

As long as they merely run a profitable business and employ people, God bless them. I'll be a customer. But if they create public nuisance, noise pollution, traffic problems, draw in criminal or disruptive elements, I will talk to state and federal authorities to investigate them, and also ask the New Times Paper to look into this Dania Entertainment Center and do exposes.

That bastard Commissioner Walter Duke had the gall to tell me leave town if I didn't like the way Dania works. I called him "Walter Mussolini," reminded him that America is not a communist or fascist state where government can silence criticism, and told him go die of cancer if he doesn't like the First Amendment and the Bill of Rights.

I am uncomfortable and apprehensive about this new "Dania Entertainment Center." I had a good understanding with Boyd's Gaming. They were decent people. But come September 2011, I need to see just how these new owners behave. I don't want unfairly to be hostile to them just because people I don't like support them.

Fat Hand
Fat Hand

Worried about what this might mean for the jai alai. I hate change.

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