Quote:
Originally Posted by tector
This is a more realistic idea, although tying racing to the money vacuum that is the lottery has its downside. But unless you can show that this would lead to a lot more lottery play, why would a state do it? The take out on the lottery is HUGE. Why would a state want to encourage its lottery players to spend some of their money on horses, where the state gets a far lesser return?
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That's the grey area for me. I know NYRA is a franchise, but they are obviously involved with New York State. I just have no idea how hand in hand they are and would want to be. Obviously it would be good for NYRA, the question is could they make a deal that would be good enough for the State that would entice them to go into this buisness together.
You would think that even if a few lottery retailers had the opportunity just to sell the tickets ,that would be good enough for NYRA and it wouldn't take much away from NYS.