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  #1  
Old 12-07-2010, 12:43 PM
Alan07 Alan07 is offline
Fairgrounds
 
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  #2  
Old 12-07-2010, 12:57 PM
freddymo freddymo is offline
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Quote:
Originally Posted by Alan07 View Post

Some special stuff...
Seems to me the rabbit is going to have to draw another line on the ground
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  #3  
Old 12-07-2010, 01:08 PM
freddymo freddymo is offline
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http://www.nyra.com/aqueduct/stories/Dec072010.shtml

Basically, NYRA is willing to take the hit on the NYCOTB debt if they get to keep the NYCOTB's customers. At least that is my understanding of the issue.

It looks like pandora's box has been opened..
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  #4  
Old 12-07-2010, 01:36 PM
Alan07 Alan07 is offline
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The NYC OTB bill has been reported out of committee and is heading to the NY Senate floor. It does not appear to have the votes to pass.
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  #5  
Old 12-07-2010, 03:15 PM
parsixfarms parsixfarms is offline
Churchill Downs
 
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Let's see what happens now, as OTB bill fails in Senate: http://www.timesunion.com/local/arti...ent-866442.php

If this is how the new Senate Republican majority is going to treat racing, it'll be more of the same old Albany games.
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  #6  
Old 12-07-2010, 05:13 PM
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Kasept Kasept is online now
Steve Byk
 
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STATEMENT OF RWB REGULATOR JOHN SABINI ON NYS SENATE OTB VOTE

New York State Racing and Wagering Board Chairman John D. Sabini issued the following statement today in reaction to the defeat of legislation by the New York State Senate that would have provided immediate relief to the New York City Off Track Betting Corp.:

“A pebble hitting the water causes a ripple – but this is a boulder hitting the pond. The $840 million in total handle reported by New York City OTB in 2009 represented nearly 40 percent of New York’s total racing handle of $2.2 billion. Now, not only will NYC OTB workers lose their jobs, but every segment of the racing industry – from feed store owners to horsemen to those who board the equine athletes – will feel negative consequences. Every county in New York State will experience an adverse impact.

“New York racing is a premier product nationally. It is critical that each segment of the industry look long and hard at their role at making the sport adapt to the entertainment and economic realities of 2011. The Racing and Wagering Board will conduct a meeting at 12 p.m. noon tomorrow, December 8, at our Schenectady office to consider emergency measures to allow our stakeholders to better adapt to the market realities in a post NYC-OTB environment.”
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  #7  
Old 12-07-2010, 05:23 PM
Coach Pants
 
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Where is teh Santa?
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  #8  
Old 12-07-2010, 05:47 PM
freddymo freddymo is offline
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Quote:
Originally Posted by Kasept View Post
STATEMENT OF RWB REGULATOR JOHN SABINI ON NYS SENATE OTB VOTE

New York State Racing and Wagering Board Chairman John D. Sabini issued the following statement today in reaction to the defeat of legislation by the New York State Senate that would have provided immediate relief to the New York City Off Track Betting Corp.:

“A pebble hitting the water causes a ripple – but this is a boulder hitting the pond. The $840 million in total handle reported by New York City OTB in 2009 represented nearly 40 percent of New York’s total racing handle of $2.2 billion. Now, not only will NYC OTB workers lose their jobs, but every segment of the racing industry – from feed store owners to horsemen to those who board the equine athletes – will feel negative consequences. Every county in New York State will experience an adverse impact.

“New York racing is a premier product nationally. It is critical that each segment of the industry look long and hard at their role at making the sport adapt to the entertainment and economic realities of 2011. The Racing and Wagering Board will conduct a meeting at 12 p.m. noon tomorrow, December 8, at our Schenectady office to consider emergency measures to allow our stakeholders to better adapt to the market realities in a post NYC-OTB environment.”
tear
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