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Originally Posted by freddymo
The issue is what regulatory world does the controlling business have to exist in? Once that is determined you can develop a business model. If the rules are always changing its tough to get serious talent involved
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Based on what's going on here in Albany, I think it's fair to say that the regulatory world in which NY racing is going to operate is not going to change anytime soon - which means that a broken model in which the state grabs too much $$ and the OTBs are essentially preferred (no production cost) competitors of the tracks will remain unfixed. I'm surprised that you recognize the importance of the racing model but seemingly put blinders on when it comes to recognizing that the broken model is why NYRA has been losing money over the past few years.
10-15-2007, 03:59 PM
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