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Originally Posted by docicu3
On the subject of NYRA reporting IRS information above and beyond the norm....
Does it not make sense that....
1) If YOUBET or TVG accounts can be used for NY tracks, then we should all minimize playing NYRA if not cancel accounts with NYRA solely based on this violation of privacy.
2) Ask the lawyers among us if this new stance from NYRA does in fact break the law as it is not the business of NYRA to feel as if they can provide this info without our consent.
It is likely that NYRA is doing this to be on the good side of the Federal Government (IRS) as they in fact are very influential in setting the rules of business which seem to literally change monthly.
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Actually, technically one could make the case that they are on the wrong side of the law if they aren't doing this.
They have our " consent " when we sign up for an account.