NYRA - The Bailout Check is in the mail

[GenuineRisk]

Originally Posted by eurobounce

The NYRA shouldnt be able to keep any money. Hence the not-for -profit status. All money earned should go back to the state or be spent. Granted, this idea was done before all the competiton but the NYRA has done a poor job of adjusting. They need to adjust their business model to reflect current economic trends.

You guys make good points (euro, thanks for your response, by the way)-- so it seems the big problem is revenue lost to OTBs, etc. is that what is being said? How does the NYRA address that? What do you all think?