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

[Cannon Shell]

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?

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.