UPDATE: State meets obligation to NYRA; Legislature OK's advance

[Cannon Shell]

Originally Posted by parsixfarms

That's a very fair question; one that I really don't have an answer for.

However, having fought hard for the franchise and for a change in its corporate status, I'd like to think NYRA had other alternatives to only pinning its hopes for continuing racing on getting legislative relief (whether it's owed that money contractually or morally is really besides the point when dealing with Albany pols). And as I said earlier, against the NYCOTB back-drop, I think NYRA has painted itself into such a corner that, if some alternative did exist aside from legislative action for a loan or some other funding stream, NYRA probably couldn't exercise it. Because this should have been an easy lift and it hasn't been accomplished so far, I get a bad feeling about it. Patterson saying that something will get done is just BS; it's the legislature that needs to agree, and when Shelly Silver is involved, there's always a price to pay.

I am hardly an expert on NYRA's business and the complexities of the contracts between the various entities that it deals with. But what alternatives do they have if the largest business partner that thay have (and have no choice to end the relationship) has the ability to not fulfill its obligations? The alternative that would have given them the ability to carry on has been screwed up by the state for 9 years. Again, in theory, what would have been the realistic alternatives?

[freddymo]

Originally Posted by Cannon Shell

I am hardly an expert on NYRA's business and the complexities of the contracts between the various entities that it deals with. But what alternatives do they have if the largest business partner that thay have (and have no choice to end the relationship) has the ability to not fulfill its obligations? The alternative that would have given them the ability to carry on has been screwed up by the state for 9 years. Again, in theory, what would have been the realistic alternatives?

NOBODY suggests NYRA isnt 100% correct in there demands of the State ...The State is in financial turmoil do you understand that or you figure they are printing money like Obama?

[Cannon Shell]

Originally Posted by freddymo

NOBODY suggests NYRA isnt 100% correct in there demands of the State ...The State is in financial turmoil do you understand that or you figure they are printing money like Obama?

If NYRA is correct then explain your posts. The state isnt so broke that it cant spare the $17 million dollars it owes. The idea that some hospital will close because NYRA gets paid what it is owed is pretty much nonsensical. If the state REALLY wanted to do what is in the best interests of NYRA, the state, NYCOTB and ultimately the citizens it would have disbanded NYCOTB and turned the off track betting rights to NYC over to NYRA.

But like the VLT debacle, they continue to let petty political corruption get in the way of progress and profitability. Racing in NY should not only be a strong, vibrant industry, it with the combo of VLT's and an increasingly better racing program should be churning out money for the state. Instead NYRA is out of money, NYCOTB is totally paralyzed and there hasn't been a dime of tax revenue produced by the Aqu VLTs. And every finger should be pointed directly at the state of NY's politcal bosses. They made this mess, now they don't want to clean it up.

[freddymo]

Originally Posted by Cannon Shell

If NYRA is correct then explain your posts. The state isnt so broke that it cant spare the $17 million dollars it owes. The idea that some hospital will close because NYRA gets paid what it is owed is pretty much nonsensical. If the state REALLY wanted to do what is in the best interests of NYRA, the state, NYCOTB and ultimately the citizens it would have disbanded NYCOTB and turned the off track betting rights to NYC over to NYRA.

But like the VLT debacle, they continue to let petty political corruption get in the way of progress and profitability. Racing in NY should not only be a strong, vibrant industry, it with the combo of VLT's and an increasingly better racing program should be churning out money for the state. Instead NYRA is out of money, NYCOTB is totally paralyzed and there hasn't been a dime of tax revenue produced by the Aqu VLTs. And every finger should be pointed directly at the state of NY's politcal bosses. They made this mess, now they don't want to clean it up.

Please NYRA needs slots like I need cancer. They are capable of sustaining the meets without slots, Didnt they for the last 50 years ?Delaware had 6 and 7 horse fields today Philly was lucky to get 7 horses in a field both have slots table games and hookers. Racing doesnt need slots it needs less racing. The friggin 15k had 5 or 6 claims at MP today hello world this is what racing can be? Activity on all sides of the coin.. The claim box rocking, the handle rocking. attendance rocking, all we need is slots to pollute the air?

[Cannon Shell]

Originally Posted by freddymo

Please NYRA needs slots like I need cancer. They are capable of sustaining the meets without slots, Didnt they for the last 50 years ?Delaware had 6 and 7 horse fields today Philly was lucky to get 7 horses in a field both have slots table games and hookers. Racing doesnt need slots it needs less racing. The friggin 15k had 5 or 6 claims at MP today hello world this is what racing can be? Activity on all sides of the coin.. The claim box rocking, the handle rocking. attendance rocking, all we need is slots to pollute the air?

We didnt have toll collectors 50 years ago either

Originally Posted by freddymo

Please NYRA needs slots like I need cancer. They are capable of sustaining the meets without slots, Didnt they for the last 50 years ?Delaware had 6 and 7 horse fields today Philly was lucky to get 7 horses in a field both have slots table games and hookers. Racing doesnt need slots it needs less racing. The friggin 15k had 5 or 6 claims at MP today hello world this is what racing can be? Activity on all sides of the coin.. The claim box rocking, the handle rocking. attendance rocking, all we need is slots to pollute the air?

NYS is basically knocking the teeth out of NYRA and ramming it down their throats and NYRA can't get enough of it. They love playing the battered woman.

[freddymo]

Originally Posted by Coach Pants

NYS is basically knocking the teeth out of NYRA and ramming it down their throats and NYRA can't get enough of it. They love playing the battered woman.

I good shot across the chops keeps them in line!!!

Originally Posted by freddymo

I good shot across the chops keeps them in line!!!

Temporary fixes are not going to change the sport for the better in the long-term and chances are slots are going to take horse racing to the brink of extinction before it's all said and done.

What this sport needs is less grovelers (democrats) in power and more trailblazers. Not the ones from Portland either.