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

[Cannon Shell]

Originally Posted by freddymo

NOBODY suggests NYRA isnt 100% correct in there demands of the State ...The State is in financial turmoil do you understand that or you figure they are printing money like Obama?

If NYRA is correct then explain your posts. The state isnt so broke that it cant spare the $17 million dollars it owes. The idea that some hospital will close because NYRA gets paid what it is owed is pretty much nonsensical. If the state REALLY wanted to do what is in the best interests of NYRA, the state, NYCOTB and ultimately the citizens it would have disbanded NYCOTB and turned the off track betting rights to NYC over to NYRA.

But like the VLT debacle, they continue to let petty political corruption get in the way of progress and profitability. Racing in NY should not only be a strong, vibrant industry, it with the combo of VLT's and an increasingly better racing program should be churning out money for the state. Instead NYRA is out of money, NYCOTB is totally paralyzed and there hasn't been a dime of tax revenue produced by the Aqu VLTs. And every finger should be pointed directly at the state of NY's politcal bosses. They made this mess, now they don't want to clean it up.

[freddymo]

Originally Posted by Cannon Shell

If NYRA is correct then explain your posts. The state isnt so broke that it cant spare the $17 million dollars it owes. The idea that some hospital will close because NYRA gets paid what it is owed is pretty much nonsensical. If the state REALLY wanted to do what is in the best interests of NYRA, the state, NYCOTB and ultimately the citizens it would have disbanded NYCOTB and turned the off track betting rights to NYC over to NYRA.

But like the VLT debacle, they continue to let petty political corruption get in the way of progress and profitability. Racing in NY should not only be a strong, vibrant industry, it with the combo of VLT's and an increasingly better racing program should be churning out money for the state. Instead NYRA is out of money, NYCOTB is totally paralyzed and there hasn't been a dime of tax revenue produced by the Aqu VLTs. And every finger should be pointed directly at the state of NY's politcal bosses. They made this mess, now they don't want to clean it up.

Please NYRA needs slots like I need cancer. They are capable of sustaining the meets without slots, Didnt they for the last 50 years ?Delaware had 6 and 7 horse fields today Philly was lucky to get 7 horses in a field both have slots table games and hookers. Racing doesnt need slots it needs less racing. The friggin 15k had 5 or 6 claims at MP today hello world this is what racing can be? Activity on all sides of the coin.. The claim box rocking, the handle rocking. attendance rocking, all we need is slots to pollute the air?

[Cannon Shell]

Originally Posted by freddymo

Please NYRA needs slots like I need cancer. They are capable of sustaining the meets without slots, Didnt they for the last 50 years ?Delaware had 6 and 7 horse fields today Philly was lucky to get 7 horses in a field both have slots table games and hookers. Racing doesnt need slots it needs less racing. The friggin 15k had 5 or 6 claims at MP today hello world this is what racing can be? Activity on all sides of the coin.. The claim box rocking, the handle rocking. attendance rocking, all we need is slots to pollute the air?

We didnt have toll collectors 50 years ago either

Originally Posted by freddymo

Please NYRA needs slots like I need cancer. They are capable of sustaining the meets without slots, Didnt they for the last 50 years ?Delaware had 6 and 7 horse fields today Philly was lucky to get 7 horses in a field both have slots table games and hookers. Racing doesnt need slots it needs less racing. The friggin 15k had 5 or 6 claims at MP today hello world this is what racing can be? Activity on all sides of the coin.. The claim box rocking, the handle rocking. attendance rocking, all we need is slots to pollute the air?

NYS is basically knocking the teeth out of NYRA and ramming it down their throats and NYRA can't get enough of it. They love playing the battered woman.

[freddymo]

Originally Posted by Coach Pants

NYS is basically knocking the teeth out of NYRA and ramming it down their throats and NYRA can't get enough of it. They love playing the battered woman.

I good shot across the chops keeps them in line!!!

Originally Posted by freddymo

I good shot across the chops keeps them in line!!!

Temporary fixes are not going to change the sport for the better in the long-term and chances are slots are going to take horse racing to the brink of extinction before it's all said and done.

What this sport needs is less grovelers (democrats) in power and more trailblazers. Not the ones from Portland either.

[Princess Doreen]

Jerry Bossert/NY Daily News article - Sunday, May 23

http://www.nydailynews.com/sports/mo...last_race.html


With horse racing in NY in financial trouble, News examines how it got there, and how to fix it

[Patrick333]

What's the over/under on when they'll get a casino?

[pointman]

Originally Posted by Princess Doreen

Jerry Bossert/NY Daily News article - Sunday, May 23

http://www.nydailynews.com/sports/mo...last_race.html


With horse racing in NY in financial trouble, News examines how it got there, and how to fix it

Great link and article. Bossert points out a huge flaw with the current business model which only the State can change, NYRA has the expense of putting on the product, but has to compete with OTB. It cannot even show a live signal to its own customers as their competitor statutorily has the right to that.

If NY really wants to fix racing, OTB's have to be broken up and given to the tracks so that they are not competing against themselves. Under this model NYRA could be competitive even without a casino, a casino would just be the icing on the cake.

Freddy, as much as you doubt the casino, you need to look no further than Yonkers to see how that alone would turn NYRA into a profitable entity from which NY State can poach and NYRA could sustain itself.

The solution is simple. Break up the OTB's and give them to the tracks. Allow NYRA to take the same rate on a betting dollar whether it is bet on or off track in NY and give NYRA the ability to show its own signal live off track. At the same time allow NYRA to cut the takeout on all bets since the middleman no longer needs to siphon money out of the bettors that does not needs to be siphoned. Bigger purses, bigger fields, less takeout will addup to a huge success for NY racing. Implement a qualified casino operator and NY has the best racing in the country and NYRA sustains itself and fills the State coffers.

Why won't this get done anytime soon? Because the corrupt politicians won't give up their patronage machine. The media needs to force the legislature to do this by telling the truth and mounting public opinion. Anyone who believes that the State has not put NYRA in this position truly doesn't understand what it is happening here.