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Old 08-07-2016, 03:20 PM
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pointman pointman is offline
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Join Date: Mar 2007
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Quote:
Originally Posted by kp319 View Post
And he can take Schneiderman with him.
Agreed, the worst kind of political hack. Reminds me of Spitzer.

Quote:
Originally Posted by ateamstupid View Post
"However, just prior to the bill being introduced, representatives of offtrack betting companies then pressed legislators to add another provision that would require racing fantasy sites to also pay 5 percent of the gross as a source-market fee to the OTB in the customer’s market area, Faraldo said. That led Midland to withdraw his support for any payments to the racing industry, and legislators then inserted the ban on racing fantasy sites, Faraldo said."

Albany politics in a nutshell. If there's not an undeserved kickback in there somewhere, you can't do business.
Absolutely, what a cesspool of corruption it is and that is both sides of the aisle. Interesting that the most corrupt government entity in NY which has never been run in the best interests of horse racing, OTB, seeks a windfall here. There is no justification for OTB to give a dime here as they are not expending anything that is costing them any money by legalizing contest play.

In fact, OTB is an outdated model which should be disbanded and consolidated to online wagering run by the racetracks, which incidentally has already been successfully done in the city of NY. Only in NY would a legalized corrupt patronage organization demand a higher share than the brick and mortar people who actually expend money to make the contests happen.
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