Albany ups power play; State, Legislature, NYRA announce mgmt. deal

[goodcopy]

Originally Posted by Kasept

None.. As foreshadowed a couple of weeks ago, Cuomo and henchmen continue to position themselves to take everything. Very sad. Meanwhile, the industry remains silent while the 30% of national handle for which NYRA accounts, hangs in the balance. The 'best interest' of racing invocation is comical. NYRA quit their land claim as part of the franchise renewal in an effort to avoid a protracted legal battle that might have included a shutdown. That wasn't in the best interest of racing? Every move from Albany is an intrusive, expensive burden on anyone that has an interest in the sport. They won't be happy until they destroy it.

I wish we could leave out all public money,levies,taxes,support systems and make thoroughbred racing entirely privately funded and privately profitable
Long term I can't think of any state ran programme or oversight,controlled process that politicians have ran that has not ultimately ruined or made far less profitable.
Why can't the stuarts of our sport run it the same way they made millions in privet business?

[10 pnt move up]

It was only a matter of time before legislatures removed the expensive horse part of the equation so they could get more money, no shock. NYRA just gave them a reason.

[cmorioles]

Originally Posted by 10 pnt move up

It was only a matter of time before legislatures removed the expensive horse part of the equation so they could get more money, no shock. NYRA just gave them a reason.

NYRA didn't give them a reason. They were going to find a reason no matter what was really happening. The funny thing is the NYRWB was supposed to know about the takeout reduction too, but they are being let off scot-free. If it wasn't that, it would have been jockey weight-gate or maitre d' gate or something else stupid. I'm not saying the takeout mistake was as minor as those, but in the grand scheme of things the amount was trivial.

[10 pnt move up]

True, in the letter they listed three bullet points so I am sure they were just waiting to pounce.

[pba1817]

Looks to me like if the people at NYRA would have followed the terms as they agreed, and would have not ripped off the betting public, this probably would have been avoided... icing on the cake appears to be the promotion of the people who were at the helm when the takeout "issue" was going on.

[cmorioles]

Originally Posted by pba1817

Looks to me like if the people at NYRA would have followed the terms as they agreed, and would have not ripped off the betting public, this probably would have been avoided... icing on the cake appears to be the promotion of the people who were at the helm when the takeout "issue" was going on.

Are they canning the entire NYRWB too?

[pba1817]

I don't know, are they?

All I know is what is written in the articles and the documents. As an outsider, it doesn't look particularly good for the NYRA people. I realize most articles are written to sway perception in a certain direction.

NYRA just seems to be in a **** storm all the time...

[postpicker]

Originally Posted by cmorioles

Are they canning the entire NYRWB too?

The present NYSRWB will be gone in October as it will be merged with the Lottery commission. The new commission will have an executive director and 7 members to oversee the Lottery and Racing, with 5 of the 7 members picked by Cuomo.

[Dahoss]

Originally Posted by pba1817

Looks to me like if the people at NYRA would have followed the terms as they agreed, and would have not ripped off the betting public, this probably would have been avoided... icing on the cake appears to be the promotion of the people who were at the helm when the takeout "issue" was going on.

Leave it to you to get the issue totally backwards.

Consequences for actions.....

Originally Posted by pba1817

Looks to me like if the people at NYRA would have followed the terms as they agreed, and would have not ripped off the betting public, this probably would have been avoided... icing on the cake appears to be the promotion of the people who were at the helm when the takeout "issue" was going on.

[pointman]

Originally Posted by pba1817

Looks to me like if the people at NYRA would have followed the terms as they agreed, and would have not ripped off the betting public, this probably would have been avoided... icing on the cake appears to be the promotion of the people who were at the helm when the takeout "issue" was going on.

You do realize that the people who sent NYRA the letter and ordered the lottery to withhold the money from NYRA are just as responsible, if not more, than NYRA for this error? Or are you just talking out of your a$$ as usual?

I wonder if the Inspector General is going to investigate the Racing and Wagering Board and the Oversight Panel as well to determine if there is any criminality with regard to their missing that the percentages should have been changed. Not likely to happen as this is clearly a witch hunt.

[richard]

Originally Posted by pointman

You do realize that the people who sent NYRA the letter and ordered the lottery to withhold the money from NYRA are just as responsible, if not more, than NYRA for this error? Or are you just talking out of your a$$ as usual?

I wonder if the Inspector General is going to investigate the Racing and Wagering Board and the Oversight Panel as well to determine if there is any criminality with regard to their missing that the percentages should have been changed. Not likely to happen as this is clearly a witch hunt.

Of course they should be investigated for possible criminal collusion. We'll see.

[pba1817]

Originally Posted by pointman

You do realize that the people who sent NYRA the letter and ordered the lottery to withhold the money from NYRA are just as responsible, if not more, than NYRA for this error? Or are you just talking out of your a$$ as usual?

I wonder if the Inspector General is going to investigate the Racing and Wagering Board and the Oversight Panel as well to determine if there is any criminality with regard to their missing that the percentages should have been changed. Not likely to happen as this is clearly a witch hunt.

No I am not aware. As I said in my posts on the subject, the writer of the article and the letter to NYRA makes it appear that someone is not being legit in the crux on the matter. Which in all reality, when dealing with politicians and boards and oversights and etc, most all are not legit.

[GenuineRisk]

Originally Posted by goodcopy

I wish we could leave out all public money,levies,taxes,support systems and make thoroughbred racing entirely privately funded and privately profitable
Long term I can't think of any state ran programme or oversight,controlled process that politicians have ran that has not ultimately ruined or made far less profitable.
Why can't the stuarts of our sport run it the same way they made millions in privet business?

Sure, let's do that. And the first thing that will happen is the tracks will get bought up by real estate developers and torn up.

[joeydb]

Originally Posted by GenuineRisk

Sure, let's do that. And the first thing that will happen is the tracks will get bought up by real estate developers and torn up.

That's true. Garden State Park, where I used to go often, is long gone, replaced by what South Jersey needed more of: strip malls.