Horse racing could easily make a profit in NY if the state took out less. The answer is with the NYRA at least running the racing side of the business. These other private entities would just cut anything going to horse racing, jack up prices to customers as high as possible, and hide as much money as they could stuff in their pants, imo.
The NYRa will run horse racing in NY and it probably should partner with a group on the casino side of things.
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