Just a few days ago, I wrote questioning Does SeaWorld Have a Cash Flow Problem? But is SeaWorld’s stock also slipping? It’s real stock on Wall Street (SEAS) does continue to slip from its 52-week high. But is SeaWorld also losing its stock as one of Orlando’s big tourism and economic giants as their… [read more]
There’s really no other way to put it. No matter what Buddy Dyer, the city of Orlando or the soccer team says, the latest stadium gambit makes no economic sense. In fact, every academic economic report confirms there is NO local economic impact from publicly financed stadiums or professional sports.… [read more]
As the debate continues on funding the controversial new stadium in Orlando, there have been many misrepresentations by Orange County Mayor Teresa Jacobs and the soccer team in their presentations and support for the proposal. Many of the concerns have been outlined in memos to the Commissioners, but here are… [read more]
Will Orange County Mayor Teresa Jacobs really jeopardize Convention Center funding and local tourism in support of her gentrification and corporate welfare soccer stadium debacle? A new “Don’t Visit Orlando while they Gentrify Orlando” is gearing up to fight back if Jacobs “fast-track” insider deal gets pushed through. Check out… [read more]