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

[Cannon Shell]

Originally Posted by freddymo

You guys are so close to the trees you dont see the forest. Byk makes me laugh on the air with his narrow opinion.. Trickle down economicas is my favorite lol like offering the same breaks to GM doesnt have the same if not better trickle done result?

Steve, Carolina would have been a huge earn today the fn food stands were packed..Ship in a kiosk ASAP lol

Freddy you compare NYRA to toll collectors. Do i need to say more?

[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?

[freddymo]

Originally Posted by Cannon Shell

Freddy you compare NYRA to toll collectors. Do i need to say more?

Yep that condition book must be a real puzzle..They are fn toll collectors.. What does NYRA do other then facilitate the rake? Please its a non profit which is in business to make sure the rake is as big as it can be nothing more and nothing less and I hope they succeed

[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

[Cannon Shell]

Originally Posted by freddymo

Yep that condition book must be a real puzzle..They are fn toll collectors.. What does NYRA do other then facilitate the rake? Please its a non profit which is in business to make sure the rake is as big as it can be nothing more and nothing less and I hope they succeed

They are a non-profit because that is the only way that the state can maintain control over the business. They knew if they disbanded NYRA and brought in a for profit company they would have to cut the tentacles wraped around the business in the form of NYCOTB and the choice of the VLT partner. Once the debacle of bidding on the franchise had run its course it was the only way for the state to save face.

[freddymo]

Originally Posted by HomerS

NYRA has consistently pushed for lower takeout

They pushed and implemented stricter drug testing

They have player friendly scratch rules on pick 3

Not saints, no one running racing is, but better then the other folks running other tracks

Yep and they are still toll collectors

[Cannon Shell]

Originally Posted by HomerS

NYRA has consistently pushed for lower takeout

They pushed and implemented stricter drug testing

They have player friendly scratch rules on pick 3

Not saints, no one running racing is, but better then the other folks running other tracks

NYRA does not test for drugs

[freddymo]

Originally Posted by Cannon Shell

NYRA does not test for drugs

Obviously otherwise super horseman TAP would not be as successful

[Cannon Shell]

The state of NY conducts the testing at SUNY Morrisville

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.

[Cannon Shell]

http://www.saratogian.com/articles/2...6867862299.txt

[freddymo]

Originally Posted by pointman

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.

I guess in 10 more years you will be still puzzled why there arent slots at Aqueduct. They arent coming any time soon if at all. What do really think is goingto happen? You really think OTB is going to close?

It's great news that there will be no racing in Ca. this wednesday.. When it starts to happen in NY because NYRA doesnt have slots will talk about the what's next.

Again I hope I am wrong

[freddymo]

Originally Posted by Cannon Shell

http://www.saratogian.com/articles/2...6867862299.txt

You see what is going on at the claim box? 5 or 6 in each race is moving to a different barn.. Ship the Col.

[pointman]

Originally Posted by freddymo

I guess in 10 more years you will be still puzzled why there arent slots at Aqueduct. They arent coming any time soon if at all. What do really think is goingto happen? You really think OTB is going to close?

It's great news that there will be no racing in Ca. this wednesday.. When it starts to happen in NY because NYRA doesnt have slots will talk about the what's next.

Again I hope I am wrong

As I pointed out, the means are there to right the ship. The Legislature would be wise to see the OTB cries as an opportunity to eliminate waste and consolidate giving the tracks the ability to sustain themselves and return NY racing to its rightful place. I too have my doubts that these corrupt pinheads can actually do the right thing.

That being said, the slots will happen and it will happen soon for the simple reason is that these numbnuts need to draw money from somewhere and this creates free money to spend for them.

[freddymo]

Originally Posted by pointman

As I pointed out, the means are there to right the ship. The Legislature would be wise to see the OTB cries as an opportunity to eliminate waste and consolidate giving the tracks the ability to sustain themselves and return NY racing to its rightful place. I too have my doubts that these corrupt pinheads can actually do the right thing.

That being said, the slots will happen and it will happen soon for the simple reason is that these numbnuts need to draw money from somewhere and this creates free money to spend for them.

Dinner is on me at John George if they have the VLT's opened by 1/1/12. OTB has 1500 jobs and a UNION they aren't closing ever. Why the heck would NYRA want those 1400 jobs, bloated benny packages, under funded pension liablity etc etc. they would be smart to stay FAR away from that toxic waste land.