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Originally Posted by blackthroatedwind
Yet another person who has a firm grasp on the situation.
The chasm between perception and reality in this situation is fascinating.
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Who should we believe? The bloodhorse article with words from the actual deputy mayor or someone connected to NYRA? Seems pretty obvious, the new plan is going to hurt NYRA the most.
http://news.bloodhorse.com/article/45539.htm
NYCOTB is backing the outlines of a plan by Gov. David Paterson to change the way in which its revenue is distributed to various entities, including the state, the New York Racing Association, and a Thoroughbred breeding fund.
For NYRA, it is estimated the change will cost it $12 million in lost OTB revenue.
But a top aide to New York Mayor Michael Bloomberg is warning NYRA and the others have a lot more at stake if NYCOTB closes as the mayor is planning to do in two weeks.
“Everybody’s going to have to compromise, and I think people are very focused on what’s going on in somebody else’s pocket as opposed to what’s in theirs,’’ said Robert Lieber, the deputy mayor for economic development and rebuilding.