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Old 09-24-2012, 09:13 AM
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OTM Al OTM Al is offline
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Quote:
Originally Posted by Kasept View Post
State officials believe operators of such prestigious tracks as Churchill Downs, site of the Kentucky Derby, and Santa Anita Park, in Arcadia, Calif., as well as the managers of major entertainment destinations, will pay huge fees to run the three New York tracks.
The better question is, who in their right mind would bid considering that the State has shown that they will not honor the contracts and deals they have made? There was a system of due process built into the original contract. It was not followed. The deal struck when the State violated the contract the first time was that control would be returned to the franchise in 3 years. Now they would violate this as well? And they expect someone just to pony up millions for such a privilege?
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