There are all sorts of horrible articles about the finances of Station Casinos on the internet. The problem with articles like this is they are based on hope, not reality. For people desperate to see Dana White lose his position and for Zuffa to fall from its position of dominance, this provides a good opportunity to celebrate even though they have no clue what they’re talking about.
I’ve been wanting to write an article on this stuff for a while, but I’ve had a hard time putting it together and making it clear. Thankfully, Steve Cofield had a business correspondent on his show today to address this silliness.
Update: Commenter “who me” has a great post on this in the comments below for those that can’t listen to the audio at Cofield’s blog.