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

[jrajf]

should I be cancelling plans for upstate?

Make plans for the Shore?

will Carolina be available at the shore (jersey of course)

[XIIPointStables]

I'm hoping this is just "sky is falling" journalist by the Daily News.

Will you be talking about this on the show today Steve?

[Kasept]

Originally Posted by XIIPointStables

I'm hoping this is just "sky is falling" journalist by the Daily News.

Will you be talking about this on the show today Steve?

Today will be devoted to the weekend recap, but I'll touch on the situation briefly as part of the overall Triple Crown story. Will certainly give it the time it needs during the week.

The state continues to completely fail to live up to any of its' promises, and NYC OTB continues to be allowed to threaten the existence of racing in NY.

[Buckpasser]

You may be able to go to Belmont on June 5th and actually have an enjoyable day without the hordes of people.

[randallscott35]

Belmont and out.

http://www.bloodhorse.com/horse-raci...belmont-stakes

[pointman]

While the lack of a triple crown bid certainly hurts NYRA quite a bit, let's be frank about what is really going on right now. NYRA has to make these threats in order to get NY's incompetent politicians off their azzes and to live up to the agreement they made to NYRA. No one should blame NYRA here, they would be fine if they were getting the money they are owed by NYCOTB.

As usual, the NY Legislature will wait to the last minute and then get NYRA enough money to keep operating.

Belmont Stakes day should be a real pleasant day at the racetrack and the Belmont Stakes itself will likely be an excellent betting race, a managable crowd, and a lot less morons clogging up the machines and windows.

[Kasept]

These aren't threats at this point. They're facts. The Association will run out of money, period, unless the state lives up to its' commitments. Albany's allowance for NYC OTB's ineptitude and selfishness, and the state's long-running inability to follow through on the VLT deal has created this situation, and NYRA is not playing some brinksmanship game. They're stating the reality.

[pointman]

Originally Posted by Kasept

These aren't threats at this point. They're facts. The Association will run out of money, period, unless the state lives up to its' commitments. Albany's allowance for NYC OTB's ineptitude and selfishness, and the state's long-running inability to follow through on the VLT deal has created this situation, and NYRA is not playing some brinksmanship game. They're stating the reality.

I don't doubt that for a second, Steve. But we both know that the legislature won't do anything until the last second and there is little chance that they will let NYRA run out of money.

I do agree that it is sad that NYRA has to resort to grovelling to get these morons to live up to their obligations. The silver lining in the clouds may be that as NYCOTB continues to fight the legislature and fail to provide them will the real financials, they may just overplay their hand enough to get the legislature to hand over their operations to NYRA. Though, I know that may be a little too wishful as I doubt these legislators will give up their patronage machine easily.

[freddymo]

Originally Posted by Kasept

These aren't threats at this point. They're facts. The Association will run out of money, period, unless the state lives up to its' commitments. Albany's allowance for NYC OTB's ineptitude and selfishness, and the state's long-running inability to follow through on the VLT deal has created this situation, and NYRA is not playing some brinksmanship game. They're stating the reality.

We all hope NYRA gets what has been promised..That being said they aren't going to run out of money, they aren't going to close, and NYC OTB will continue to exchangely what it has been. You are talking about completely insignificant money and the State will evidentually even if is 1 sec before every check bounced make good.

There aren't going to be VLT's at Aqueduct in 2011 and most likely not till a 6/1/2012 if at all.

How about a 2011 calender as follows:

1/1/11 thru 1/15/11 CLOSED
1/16 thru 4/15 Fri- Sun There aren't any horses anyway save Hedge Fund
4/16 thru 7/15 thurs- Sun Full fields and run 10 races a day
7/16 thru 9/15 Tues- Sun Obviously SPA is a big earn
9/16 thri 12/31 Thurs- Sun

No G3's more then 100k
Most G2's 150 none more the 200k
Make the Met, Cigar 600k, The Belmont a Million
All other G1's 300k MAX most 200k

Increase overnite purses by 20% across the board

Maybe then the state will take NYRA serious and more importantly NYRA will be able to support itself and not have to beg. And I realize NYRA deserves everything that they were promised, but deserving it and actually getting it are completely different.

[SOREHOOF]

This is insane. Our politicians are fighting over who gets what piece of the big fat VLT pie. Meanwhile the pie is getting cold, it's been sitting around for years, the govt. wants to keep NYCOTB going, in all of it's wasteful and incompetent glory, while they let the cash cow starve to death. No slots. No money. But they still fight over who's gonna get the money. The cow might starve before anything gets done.

[MaTH716]

Originally Posted by jrajf

should I be cancelling plans for upstate?

Make plans for the Shore?

will Carolina be available at the shore (jersey of course)

Talk to Freddy, he has the exclusive rights for Monmouth.