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Originally Posted by parsixfarms
The purses are contractual payments due to the horsemen based on the handle generated on NYRA races. They have nothing to do with the NYRA bankruptcy.
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I am well aware of how it works. It is just hilarious how NYRA loses millions every single year. I wonder where all that money goes. LOL What is even funnier will be when the slots get in and bring in millions and NYRA is still filing for bankruptcy. I am sure those ticket punchers will keep bringing in their $20hr though. We all know what a difficult job that is. LOL