Quote:
Originally Posted by freddymo
The thought that NYRA is any different than other sadly underfunded and ignored State obligations is flawed.. I want NYRA to succeed I dont want them to fail. I want great racing in NY but that isn't the point. I understand your points and agree NYRA is in a bad place. You still need to be able to run a product on its on merits and not on the possibility of VLT's.
BTW I find it interesting that 2 of the most successful african american businessmen in the world are 2 of the 5 potential bidders. You think it is going to be easy for any of these potential bidders to get 400 mil to the State in a snap. What happens if the ecnomy takes another shiit in 9 months and the process continues to be delayed.. NYRA just keeps on coming to the State?
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That isnt true. NYRA has provided tremendous revenue streams to the state and deeded them 1 billion dollars worth of land. That makes them a whole lot different.
Despite the evidence to the contrary you and many others refuse to see that VLT's ARE are a piece of it's "merits". The state passed a law in 2001 allowing specific business to have these things. NYRA is one of those businesses. It's competition (both in state and out of state) has VLT's. That makes it a valid issue. And you cant just ignore the fact that NYCOTB refuses to pay. That is a significant amount of money to lose.