Comptroller: NYRA on "very shaky financial ground"

[PSH]

After reading the report, what else can NYRA do without the VLT revenues and the money owed by NYC OTB? NYRA appears to putting forth their best effort under less than ideal circumstances. The economy is not helping either that has direct negative results in field sizes and corresponding $$$ wagering. The five recommendations made to NYRA i believe were fairly minor in nature.....

Until VLTs are approved the negative cash flow will continue..... It is that simple. One can argue that salaries are too high at the top but that is a common complaint for all corporate officers.