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Originally Posted by freddymo
Who's bad decisions the ones NYRA made or the ones the polictians governing NYRA make. It's a joke on both ends.
Sell the tracks with the stipulation they must be operated as such to a company. A company that has a bottom line. Make the slots revenue what it is suppose to be, carve it up and give as little as possible to the track. Eventually, leadership we have to fix the inherent financial issues with racing. Continueing to subsidize racing with phony slot bucks is a recipe for long term diaster.
I love racing but its broke needs someone to fix it not just give it blood money.
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Why do people think that a non profit would be bad? If the laws and rules in NY were changed so as not to strangle NYRA and give them a chance to keep some of the money earned to improve the product and facilities a non profit would be a no brainer. A for profit company has one main desire...to increase the bottom line. A non profit has a broader goal of increasing the viability of the sport.
Look at how well the for profit breeding and sales industry has helped racing...
As for the slots money, why shouldn't a legal gambling operation have a right to expand their gambling menu? Why is it called 'blood money'? Isn't Outback Steakhouse allowed to sell chicken as well as steak?