NYC OTB: Court dismisses bankruptcy case..

[Kasept]

Originally Posted by rkinnin

Steve, will you be attending the hearing??

Hadn't initially thought about going, but depending on what time it starts, I will.

Was amused to see the Republican Senate group announce their own 'Future of NY OTB + Racing' commission. I guess they forgot there was one of these 18 months ago whose report is sitting on a shelf in Albany having never been.acted upon. Laughable.

[pointman]

Originally Posted by Kasept

Hadn't initially thought about going, but depending on what time it starts, I will.

Was amused to see the Republican Senate group announce their own 'Future of NY OTB + Racing' commission. I guess they forgot there was one of these 18 months ago whose report is sitting on a shelf in Albany having never been.acted upon. Laughable.

What a joke this whole thing is. Of course, once again, at the end of the day, NYRA and the horseplayers get screwed. The fact that there is no signal being broadcast to NYC residents and that most, like I, have Time Warner Cable, means that we have no television signal to now watch racing at any racing venue or any options to obtain one. One would think that the morons in Albany would have at least given NYRA the right to broadcast in OTB's absence, obviously, this issue went over their head. I know that I didn't bet at all this weekend and can't imagine I am anywhere near alone or how much per day this is costing NYRA. While I have a NYRA account it is virtually worthless considering that NYRA statutorily cannot broadcast its own signal. Anyone know if there is any news on what is going on with the signal or do we just have to see a two screen message telling people how to empty their OTB accounts until the greedy little pigs in Albany figue out how to stop bleeding this industry dry.

[parsixfarms]

In an incredibly petty act symbolic of how ridiculous the OTB structure in New York is (as a direct, parasitic competitor of the tracks), during the mid-point of NYRA's Talking Horses segment when a "commercial" is aired touting the benefits of the NYRA Rewards program, on both Saturday and Sunday, the fine folks at Capital OTB decided to "write over" this portion of the program to air a promo for its own Capital Bets platform.

If the legislation advocated by the Senate Republicans/regional OTBs had passed last week, it would have dealt a body blow to the racing industry in New York. Now that they have informed everyone that they care far more about their continued (relatively useless) existence than they do about a healthy racing industry in New York State, everyone that wants a healthy industry in New York should stop doing business with them.

[randallscott35]

http://www.nytimes.com/2010/12/14/ny...l?ref=nyregion

[richard]

Get ready for these parasites to suck as much as they can out of our sport.
NYCOTB escrow fund
http://www.bizjournals.com/albany/ne....html#Comments

[freddymo]

Originally Posted by richard

Get ready for these parasites to suck as much as they can out of our sport.

Dont forget about the 600 mil NYCOTB has the state on the hook for.