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Originally Posted by Strategic Mission
NYRA is going to be the big loser in this.
“What is the defensible position?’’ Lieber said at the Capitol June 3. “What is the public policy that is served by taking taxpayer dollars and supporting a public bookie and taking it away from police officers, teachers, and others? I don’t think there’s a defensible position to do this, and the mayor won’t do it. This is not a bluff.”
When asked about NYRA’s claims that the $12-million loss will affect its bid to get out of Chapter 11 bankruptcy, Lieber said: “What do you think the impact on NYRA will be if they get no distributions?’’
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I'm guessing you are not responsible for bringing the macaroni salad to the Mensa picnic. Do you think these bets will disappear? How about a vast majority goes to NYRA Rewards or ADWs that contribute more to NYRA than NYCOTB.