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  #1  
Old 09-15-2006, 01:22 PM
sumitas sumitas is offline
Santa Anita
 
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Didn't i just read that NY has not been furnished with the agreement between the NYRA and MGM ? It seems NYS must know what that agreement reads before they can award NYRA a renewal.

Chairwoman for the state racing oversight board Carol Stone said, "I'm not prepared to say today that, if there are not VLTs there is not more money, but I am saying it's hard for me to envision a plan that could legitimately repay VLT advances without VLT revenue."

I have no clue what she means but this VLT delay has been way too long.

Last edited by sumitas : 09-15-2006 at 01:29 PM.
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  #2  
Old 09-15-2006, 01:43 PM
Bold Brooklynite
 
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Quote:
Originally Posted by sumitas
I have no clue what she means but this VLT delay has been way too long.
Hint: She has no idea what she means either ... and ...

... there's still nothing but a hole in the ground at the World Trade Center ... five years after it was put there.

Welcome to the sewer known as New York politics.
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  #3  
Old 09-15-2006, 02:28 PM
Downthestretch55 Downthestretch55 is offline
Hialeah Park
 
Join Date: May 2006
Location: Stamford, NY
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Quote:
Originally Posted by sumitas
Didn't i just read that NY has not been furnished with the agreement between the NYRA and MGM ? It seems NYS must know what that agreement reads before they can award NYRA a renewal.

Chairwoman for the state racing oversight board Carol Stone said, "I'm not prepared to say today that, if there are not VLTs there is not more money, but I am saying it's hard for me to envision a plan that could legitimately repay VLT advances without VLT revenue."

I have no clue what she means but this VLT delay has been way too long.
Sumitas,
If memory serves, video lottery terminals were approved for Aqueduct two years ago. We're still waiting.
Games are definitely being played. Games, games and more games.
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  #4  
Old 09-15-2006, 02:49 PM
sumitas sumitas is offline
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Join Date: Jun 2006
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Has to be. Like I said, Tioga Downs, the new harness track out here, got their VLT license about a year ago and they are up and running. About 500 of those things with more planned. And they built a whole new facility in the last year as well.
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  #5  
Old 09-15-2006, 02:59 PM
Downthestretch55 Downthestretch55 is offline
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Location: Stamford, NY
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Quote:
Originally Posted by sumitas
Has to be. Like I said, Tioga Downs, the new harness track out here, got their VLT license about a year ago and they are up and running. About 500 of those things with more planned. And they built a whole new facility in the last year as well.
I hear you Sumitas.
Look at Finger Lakes, a little track in the middle of no where.
Purses have increased, the concessions have more play (the bar is just outside the slot room), and everybody is having a good time.
So what if somebody would rather pull a lever than cap a race...what ever "floats your boat".
On the scale of the larger tracks, do you think Trump is playing cause he doesn't want his AC casinos cut? Or could it be the Oneidas? Or could it be that the kickback arrangements haven't been negotiated?
I dunno...I just dunno.
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