State investigating NYRA takeout issues; Hayward, Kehoe terminated

[Kasept]

Originally Posted by hockey2315

If what the report says is true, there is absolutely no chance that Hayward keeps his job. I can't imagine this being a case of pre-meditated fraud or theft, though. It's not like NYRA was siphoning money from the pools and paying it to execs--the extra funds were relatively negligible in the grand scheme of things and nobody had any motive to "steal." Seems like a case of ineptitude or negligence that was compounded by some very poor decisions once the mistake was found.

Any evaluation of the situation needs to factor in the atmosphere of hostility from Albany and a governor who is eager to execute his own agenda, foist the land from the association and dismantle racing in the state.

How convenient too that all responsibility of the State Racing & Wagering Board, the Franchise Oversight Board and State Legislature appears to have evaporated as part of this. Guess they didn't need to do their job in monitoring the timeline on the original increase (which the legislature foisted on NYRA and players as part of the NYC OTB transfer to state control).

People shouldn't be taken in by the smokescreen.. there's bigger motives involved here than extracting Charlie Hayward or browbeating NYRA.