Quote:
Originally Posted by Kasept
Here's Matt Hegarty's thorough piece: http://www.drf.com/print/news/nyra-o...-correct-errorEveryone should recall that NYRA vehemently argued against that Albany-generated 1% and increased rebates to NYRA Rewards members to try and offset it. The bottom line here is that the extra 1% decrease to 24% being instituted will stick around longer than the 15 months when it could have been 25%. |
I appreciate that NYRA argued against the increase when it was instituted. As a proponent of lower takeout generally (a stance for which NYRA deserves to be applauded), all the more reason to assume that they would have calendered the date on which the takeout increase was supposed to sunset.