UPDATE: State meets obligation to NYRA; Legislature OK's advance

[pointman]

Originally Posted by parsixfarms

On the heels of NYCOTB "bluffing" the pols in Albany, if NYRA does not get the cash from the State, they have really backed themselves into a corner where, from a political standpoint, they probably have to shut-down (or else their credibility in Albany will be same as that of NYCOTB).

My cynical fear is that (1) there are still a number of people in Albany who think NYRA never should have received the franchise extension in the first place, and (2) if this Albany-created "cash crisis" results in a cessation of racing, that may be used as a back-door way to try to take the franchise away from NYRA. The litigation that would result from that would cripple NY racing for a long time.

Save for the fact that we all know that NYRA will get the cash, what has NYRA done so bad since being awarded the franchise that would concern the morons who were against them, let alone try to void NYRA's franchise agreement?