So how is it you do a year in review and don’t present council with your sales and financials?
During the Sioux Falls city council informational meeting today, councilor Starr asked the director of the Denty where the financials were?
The director said he normally doesn’t give up that info, and only shares with the administration and not council, but could provide it.
So you do a year end review and don’t talk about your sales and profits!?
We know why. The contractors (concessions and entertainment) are making millions in profits at the Denty. Over 5 years ago, they admitted they were bringing in over $20 million in sales a year, I think this past year it probably was way over that.
So why wouldn’t you want to tell the public how profitable the Denty is? That’s because, as the owners of the Denty (taxpayers) we don’t get one f’ing cent of those profits. They go straight out of Sioux Falls never to be circulated again in our community AND our hard earned taxes are paying down a bond on a facility that is probably being used very little by the community.
Would be curious what attendance numbers are over the past year when it comes to LOCAL people attending events.
Let’s not be coy. You didn’t want to give the numbers because citizens are wondering why you are making massive profits and are contributing ZERO to maintenance of the facility or the mortgage.
Once I get the numbers, I will share.
UPDATE: Apparently someone got the ‘profits’ but I want to know the SALES!
For ASM Global, the Premier Center saw a record profit in 2023 at $2.78 million.
There is absolutely NO reason the Denty’s management shouldn’t be contributing a massive amount of their profits into paying down the bond. But that would be the RIGHT thing to do, wouldn’t it?
The director of the Denty also said their is a special concert for the 10 year anniversary. The only clues he would give is that the entertainer was male and usually doesn’t play these markets. Interesting.
So what’s your guess?
I wouldn’t have a specific name, but my guess is they are a country star.