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TConwell
Oh come on ...
USA
2088 Posts |
 Posted - 02/06/2010 : 7:53:40 PM
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Six Flags announced that as it nears the scheduled end of its restructuring process, it has decided to reject its lease with the Kentucky State Fair Board relating to the Kentucky Kingdom park. In recent weeks, Six Flags had proposed a new lease arrangement to the fair board that would have enhanced the viability and future of the park. Unfortunately, those proposals were not accepted and the park will cease operations and the company will move expeditiously to re-locate employees and several of the more than 40 rides and attractions to one of its 13 other markets.
"We are deeply disappointed to be leaving such a great fan base in the greater metropolitan area of Louisville and we are grateful to the thousands of employees at Kentucky Kingdom and the millions of guests for their dedication, support and loyalty over the years," said Mark Shapiro, Six Flags president and CEO.
"This action relates solely to Kentucky Kingdom," Shapiro continued. "The substantial lease payment has been a significant hurdle for this park in recent years. Our other parks, which reside largely on company-owned land, will be completely unaffected and will open as scheduled for the full 2010 season."
Source: http://www.amusementtoday.com
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Trackwalker
Spicy Member
USA
77 Posts |
Posted - 02/09/2010 : 6:16:24 PM
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| My guess is that Kentucky Kingdom just couldn't compete with Holiday World in Indiana and Kings Island in Ohio, both parks just 2 hours drive from Louisville. And The Voyage at Holiday World, the number 1 roller coaster in the USA, might just have put the seal on the deal. |
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TheArchitect
Exchange Moderator
United Kingdom
593 Posts |
Posted - 02/13/2010 : 12:40:31 PM
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Man, everywhere you look places are closing, shops on the high street left empty. Even i'm unemplyed now because the Golf Course can't afford staff anymore.
How far is this going to go... |
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RevConwell
Administrator
USA
2137 Posts |
Posted - 02/23/2010 : 05:18:26 AM
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It's gotta be the economy my brother, plain and simple. I'm not sure what your leaders are telling you, but here they simply continue to lie and say that "everything is going to be OK"; when all we actually see right before our eyes is more and more being added to the unemployment tally everyday.
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Six Flags over Kentucky CLOSING!
