NYRA Knockers TAKE THIS!!! - Page 3

blackthroatedwind · #41 10-26-2006, 11:59 AM

Quote:

Originally Posted by Revolution

Yeah, they could take the horse shuttle, or a private car service and charge the taxpayer $100 for the trip. LOL.

If NYRA is so great, why can't they do this as a for profit. Why do they need to be a non-profit?

I am glad you have at least begun to admit your deficiencies.

NYRA was set up as not-for-profit by the State. The argument for Not-for-Profit vs. For-Profit is an extensive, and actually quite interesting, one. In essense, the feeling is that the most successful model for running a racetrack is not-for-profit as in that model any " profits " are put back into the track as opposed to investors' pockets.

The real reason this is such an especially big issue in the case of the franchise for racing in NY State is that enormous profits will soon be generated from Slots. NYRA feels any money the " franchise " ( whomever is running it ) earns from the Slots should be returned to the racetracks ( better purses, capitol improvements, etc ) while those desiring a For-Profit model would like to take that money out of racing.

The vast majority of the most successful racetracks in North America are Not-For-Profit.

To me one of the most interesting things about this situation is that in the past one of the reasons NYRA maintained the franchise is that there were simply no other bidders. Coincidentally, many other bidders showed up when Slots were introduced to the equation. These same people are also only interested in " running " the franchise if it is changed to not-for-profit.

So, look at it this way, whether you like it or not, only NYRA is interested in returning ALL " profits " to racing while others would like to put those SAME " profits " in their pockets.

Revolution · #42 10-26-2006, 12:03 PM

Quote:

Originally Posted by blackthroatedwind

Really? So the racing that NYRA puts on NET takes money out of taxpayer's pockets? Really?

Even for someone as obviously challenged as you this is a pretty stupid thought.

They do cost the taxpayer money. You look at it like a simpleton, I look at it what it could make if it wasn't run by a non-profit. The breeding business is not NYRA. The jobs are not NYRA, they would be anyone.

How it costs me money is by being a non-profit. They lose money and are in the process of filing for bankruptcy.

http://www.thoroughbredtimes.com/tod...67377&subsec=1

hoovesupsideyourhead · #43 10-26-2006, 12:03 PM

rev stop paying your taxes then you wont feel "cheated"...steve andy..why bother..

paisjpq · #44 10-26-2006, 12:05 PM

Quote:

Originally Posted by hoovesupsideyourhead

rev stop paying your taxes then you wont feel "cheated"...steve andy..why bother..

hooves...time for you to run for office

blackthroatedwind · #45 10-26-2006, 12:05 PM

Quote:

Originally Posted by Revolution

They do cost the taxpayer money. You look at it like a simpleton, I look at it what it could make if it wasn't run by a non-profit. The breeding business is not NYRA. The jobs are not NYRA, they would be anyone.

How it costs me money is by being a non-profit. They lose money and are in the process of filing for bankruptcy.

http://www.thoroughbredtimes.com/tod...67377&subsec=1

I look at it like a simpleton?

My guess is the above statement was generated by you as you are someone who looks at everything in such manner.

Here's a little help for you ( since you REALLY need it )....how many dollars in revenue for the state are derived through the handle at NYRA and OTBs on races run at NYRA tracks throughout NY State?

blackthroatedwind · #46 10-26-2006, 12:07 PM

Quote:

Originally Posted by hoovesupsideyourhead

rev stop paying your taxes then you wont feel "cheated"...steve andy..why bother..

I'm bored and trying to help this severly confused young woman.

Revolution · #47 10-26-2006, 12:09 PM

Quote:

Originally Posted by blackthroatedwind

I am glad you have at least begun to admit your deficiencies.

NYRA was set up as not-for-profit by the State. The argument for Not-for-Profit vs. For-Profit is an extensive, and actually quite interesting, one. In essense, the feeling is that the most successful model for running a racetrack is not-for-profit as in that model any " profits " are put back into the track as opposed to investors' pockets.

The real reason this is such an especially big issue in the case of the franchise for racing in NY State is that enormous profits will soon be generated from Slots. NYRA feels any money the " franchise " ( whomever is running it ) earns from the Slots should be returned to the racetracks ( better purses, capitol improvements, etc ) while those desiring a For-Profit model would like to take that money out of racing.

The vast majority of the most successful racetracks in North America are Not-For-Profit.

To me one of the most interesting things about this situation is that in the past one of the reasons NYRA maintained the franchise is that there were simply no other bidders. Coincidentally, many other bidders showed up when Slots were introduced to the equation. These same people are also only interested in " running " the franchise if it is changed to not-for-profit.

So, look at it this way, whether you like it or not, only NYRA is interested in returning ALL " profits " to racing while others would like to put those SAME " profits " in their pockets.

Yeah, NYRA is going to return the profits to racing, but somehow they will find a way for there to be no profits.

Why can't NYRA get a deal done with MGM? I am sure MGM wants non-profit slots. LOL.

Explain to me how NYRA can get in bed with MGM if they are so concerned with profits going back to horse racing. MGM isn't interested in profits I guess.

blackthroatedwind · #48 10-26-2006, 12:10 PM

Quote:

Originally Posted by Revolution

Yeah, NYRA is going to return the profits to racing, but somehow they will find a way for there to be no profits.

Why can't NYRA get a deal done with MGM? I am sure MGM wants non-profit slots. LOL.

They have had a deal done with MGM for at least the better part of a year and this has been confirmed by both parties.

Remember, ma'am, just the facts.

kgar311 · #49 10-26-2006, 12:14 PM

Quote:

Originally Posted by Bababooyee

Bump. Bid, kgar, oracle? Anyone?

Bid:

Oracle:

kgar311:

Only 3 more racing days at KEE. C'mon now. Put yer money where your mouth...er...keyboard...is.

I mean, if you are not so confident, let's just stick to the $100. You decide.

Ill take you on that idiotic bet. You are out of your mind if you think they are up. Too bad I will not be at the BC to take your money.

Revolution · #50 10-26-2006, 12:16 PM

Quote:

Originally Posted by blackthroatedwind

They have had a deal done with MGM for at least the better part of a year and this has been confirmed by both parties.

Remember, ma'am, just the facts.

Ok. Just the facts.

Have you ever received a check from NYRA for work done for them, or appeared on any NYRA show. FULL DISCLOSURE PLEASE.

Facts, the State has approved no deal between NYRA and MGM. If it was a for profit, there would be no need for State approval.

kgar311 · #51 10-26-2006, 12:22 PM

Quick question if anyone can answer. How many millions is Frack Stronach and his for profit Magna entertainment group in the hole this year? Is it over 100mil? or somewhere around 25mil. All I know is its way more than what NYRA is losing.

Revolution · #52 10-26-2006, 12:23 PM

Quote:

Originally Posted by DaHoss9698

NYRA has a deal with MGM. They are all set, the NY lottery is what is holding up the slots. Please, for someone who is so "fact" orientated, you sure are wrong....A LOT

I stated that in the post above.

The Facts are simple. If the crooks at NYRA are going to still insist they own the land the tracks are on, they will get nothing and be gone soon enough.

Why is a non-profit so concerned over whether or not they own the land or not?

Revolution · #53 10-26-2006, 12:25 PM

Quote:

Originally Posted by kgar311

Quick question if anyone can answer. How many millions is Frack Stronach and his for profit Magna entertainment group in the hole this year? Is it over 100mil? or somewhere around 25mil. All I know is its way more than what NYRA is losing.

Doesn't matter. It is a for profit. They don't go to the state government and the NY taxpayer to bail them out. NYRA wants another $19M in taxpayer dollars to keep going. That is NY taxpayer dollars. What is the point in horse racing in the state if it costs the taxpayer dollars? You might as well bring in a for profit, the breeding business, jobs, etc. won't go anywhere with a for profit running things.

kgar311 · #54 10-26-2006, 12:29 PM

Quote:

Originally Posted by Revolution

Doesn't matter. It is a for profit. They don't go to the state government and the NY taxpayer to bail them out. NYRA wants another $19M in taxpayer dollars to keep going. That is NY taxpayer dollars. What is the point in horse racing in the state if it costs the taxpayer dollars? You might as well bring in a for profit, the breeding business, jobs, etc. won't go anywhere with a for profit running things.

Wow 19million dollars how much of that is going to come out of your pocket 1-2million. Whoa id be upset to! I bet your one of those people that think just because teachers get paid with taxpayers money that you are directly their boss.

#55 10-26-2006, 12:32 PM

Great news for the NYRA. More importantly, great news for racing in general. It appears that most meets throughout the country are up with a few exceptions. The fact I like is the number of starters was up 5.3%. This is huge. The number of starters per race has also increased from track to track meet per meet. This is good news for the industry as well.

New York has the best racing in the world throughout the year. But I think Spitzer is gung ho on getting rid of them (NYRA). They know how to put a good product on the track but there is no denying the corruption inside the NYRA by some people. I am also confused as to why they are always losing money. Apparently, they have a bad business model. Imagine how GREAT New York racing COULD be in they had someone in there that not only knew how to put a great product on the track but also knew how not to lose money. Maybe the NYRA can figure that out.

Round Pen · #56 10-26-2006, 12:41 PM

Quote:

Originally Posted by hoovesupsideyourhead

chantal getting mounts could be a looked at as a crime..

Hooves Atleast i thought that was quiet funny.

Because I know nothing about the subject at hand. But Im enjoying reading this thread.

The Bid · #57 10-26-2006, 12:42 PM

Bababooey, Ill take the bet. Message me with the particulars

kgar311 · #58 10-26-2006, 12:44 PM

Fa Fa fooooo hi is a fool. He knows nothing, it already been posted they are down and I highly doubt he would pay up.

blackthroatedwind · #59 10-26-2006, 12:51 PM

Quote:

Originally Posted by Revolution

Ok. Just the facts.

Have you ever received a check from NYRA for work done for them, or appeared on any NYRA show. FULL DISCLOSURE PLEASE.

Facts, the State has approved no deal between NYRA and MGM. If it was a for profit, there would be no need for State approval.

It is well known that I worked for NYRA in the past. If you know it you can rest assured everyone does. I have never hidden that or my friendships with people at NYRA...duh, I have even alluded to it in this thread.

None of that changes the FACT that I have had to correct a number of you posts where the supposed " facts " that you were delivering were in " fact" lies.

The State claimed, inaccurately, that MGM had not made a commitment ( actually it was the State Lottery head that made these inaccurate recent claims ). MGM sent a letter clarifying this. This supposed " approval " you mention has been sitting on Pataki's desk, so to speak, for a number of months and despite urging from anyone with the interests of racing in mind the soon to be unemployed Mr. pataki refuses to sign the deal. My guess? He's out of crayons.

blackthroatedwind · #60 10-26-2006, 12:53 PM

Quote:

Originally Posted by eurobounce

They know how to put a good product on the track but there is no denying the corruption inside the NYRA by some people.

WHO are these corrupt individuals that you claim there is " no denying " exist???

WHO are they? We need to know, since apparently they exist in this absurd internet world, and nobody can actually find them in the flesh.