Quote:
|
Originally Posted by Benevolus
Since you seem to know everything, explain to me how the handle increases but NYRA continues to lose millions and needs to file for bankruptcy every year.
|
Because more and more wagers, largely because of NYRA's inability to compete with rebate shops, are being placed off-track rather than on-track from which NYRA gets a much larger percentage. But, of course, you know that as well.