Quote:
Originally Posted by parsixfarms
As a result of the 2008 franchise process, NYRA is now a not-for-profit corporation instead of a quasi-state entity. Knowing that in Albany there will inevitably be some price to pay (i.e., lower long-term OTB payments to the racing industry) for the "loan" that NYRA is now seeking, why is NYRA even dealing with the legislature for these funds?
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I can't imagine who else would loan into this situation.
05-21-2010, 12:47 PM
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