Originally Posted by Cannon Shell

Well if you ran a business and were not able to keep any money on hand for operating capital, how do you suppose you would do? The state acts like the mob in shaking down NYRA for every penny that is brought in and not dedicated to current expenses or purses. So when they have a downturn in business they will wind up with a shortfall of cash. It is such a simple concept, I can't figure out why you have a problem understanding. It is not about making a profit , it is about being able to cover operating expenses with the money that they generate, BEFORE having to give it to the state. The state takes the money first now and makes them beg for it back.