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Old 08-28-2012, 11:52 AM
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Oriental Park
 
Join Date: Mar 2007
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Beyer

He was not appeased; this was Cuomo’s opportunity to execute a coup. The governor is a staunch supporter of the casino industry, which can generate significant revenue for the state, not to mention large political contributions. Because of the law giving racetracks a subsidy from slot-machine funds, horse racing siphons away money that politicians want for their own aims. Cuomo sought to take control by changing the composition of the NYRA board, reducing it to 17 members, eight of whom will be appointed by the governor and two each by the Senate and Assembly.

No one is surprised by this, right?

It is only a matter of time before politicians say "we can get a whole lot more if we just eliminate the horses from the equation". This will happen everywhere sooner or later. If you depend on slots for purses/horses I would not get too comfortable.
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