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

[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.