NYRA, or any other franchise operator for that matter, cannot be expected to meet any State imposed fiscal benchmarks -- not without a drastic change and overhauls in several landscapes -- legal, legislative, tax, and others (perhaps OTB included).
As everyone knows VLT's and the "cut" from them are not the entire solution; and if it's not done right, it's worse -- then it becomes part of the problem.
How many of the bidders wanted the franchise before the VLT legislation passed? More importantly, how many of them wanted it without the overhauls that have been discussed (and included in every single proposal)? The answer -- none of them, including NYRA.
Eric
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