Gee, especially since increases in takeout are supposed to reduce profits. So you would think that if their revenues were down by 4% they would have noticed their take was too high....

Was talking to someone about this last night: where were the folks at Getnick & Getnick? Aren't they being paid a seven figure retainer to make sure things like this don't happen? Other than a political payoff to Spitzer friends (when NYRA got franchise renewal), they never struck me as having a single bit of utility, even when they were court-appointed monitor. If some heads are going to roll, isn't this a good place to start?

Rollback permanent: http://www.drf.com/news/nyras-haywar...tion-permanent

Hayward said the takeout reduction on those wagers would be permanent and not for only 15 months as had been reported by some outlets.

WoW!! I do agree too!! Thanks Steve Crist
 

NYRA overcharged Bettors 7 million
 

http://www.bloodhorse.com/horse-raci...ged-74-million


NYRA overcharges bettors 7 million and Charlie Hayward walked away with an employment settlement.

So, that was the time I woke up and found an extra $200 in my account. But what they are saying is they only distributed 9% of that money to people they found. So since they couldn't find the rightful owners of the rest of that money, shouldn't they just give me about $2000? :$:

Suppose it might come in handy for someone to now calculate the 30 months of 24% takeout.. I'm not great at math but wouldn't you expect it's put roughly $10,000,000-12,000,000 into the hands of players? At this point, the net effect of the screw up has been beneficial to NY exotics players. But let's rehash the old news instead.