Quote:
Originally Posted by Kasept
Because the state made the commitment to provide any short-term funding support if the AQU VLT parlor was not up and running by September of last year. The bridge funding will be recouped by the state out of VLT revenues. There is no special pound of flesh involved in this. The state put the onus on itself.
NYRA isn't 'seeking' this funding out of some surprise shortfall they didn't anticipate. This was going to happen if the VLT's weren't in place... EVERYONE knew that. If the mainstream media had a clue and reported the story accurately, no one would question why the transaction is happening.
|
We all know "contractual obligations" mean little to the corrupt politicians in Albany. My point is that, rather than relying on the state to come up with the money (whether the state is legally obliged to pay NYRA the money is really irrelevant at this point in time), aren't there other ways of getting the needed short-term funds? It's scary to think that the hopes of the NY racing industry are totally dependent upon Patterson, Sampson and Silver agreeing to do anything, no matter how simple.