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Old 05-22-2010, 06:32 PM
parsixfarms parsixfarms is offline
Churchill Downs
 
Join Date: Mar 2007
Location: Saratoga Springs
Posts: 1,779
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Quote:
Originally Posted by freddymo View Post
The Highway Authority has operated a business that has poured money to the state. You know the guys that take the toll money. I havent blamed the current NYRA managemment once. The states in trouble that means NYRA is in trouble period. BTW laws get chaged all the time..Look NYRA will get the hand out they are requesting. I never thought for a minute they wouldnt..It is sad to see the negative "we are goiing out of business" publicity
On the heels of NYCOTB "bluffing" the pols in Albany, if NYRA does not get the cash from the State, they have really backed themselves into a corner where, from a political standpoint, they probably have to shut-down (or else their credibility in Albany will be same as that of NYCOTB).

My cynical fear is that (1) there are still a number of people in Albany who think NYRA never should have received the franchise extension in the first place, and (2) if this Albany-created "cash crisis" results in a cessation of racing, that may be used as a back-door way to try to take the franchise away from NYRA. The litigation that would result from that would cripple NY racing for a long time.
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