NYRA increases purses

[freddymo]

Originally Posted by SentToStud

To me, people are down on NYRA because there's nothing tremendously different about the how they operate vs a couple years ago when all the **** went down.

In the end, two mutel clerks were found guilty. One paid $5,000 in restitution and the other got 2-3 years probation.

In the meantime, Barry Schwartz, who was CEO of NYRA when a contract worth $750,000 was no-bid awarded to his daughter and son-in-law was allowed to just walk away instead of being indicted for fraud.

$750,000/$5000 = 150. Schwartz's "indiscretion" was 150 times, in dollars, worse than the mutuel clerk's. Yet he was able to retreat to his 600 acre farm and maintain his place in the ownership and breeding industry in NY.

When you have this kind of blatant and unpunished malfeasance occur at the top of a non-profit organization, people are going to want change. Supporters of NYRA can point to all the staff and oversight changes made since but with this kind of recent history as well as poor financial results, nobody can be surprised that people are distrustful and want change.

Look that makes way too much sense Studly obviously you are just pissed at NYRA because they dont buy your sperm..lol

The way it works is you tell everyone those were bad people who did bad things but you now have good people who do good things and all is forgiven because you came to jesus and confessed your past sins. Imagine a couple of Jewish boys are steering the ship from the second deck while the capt. smiles and perks them out. All because they lost their front man to HK..

I kind of like the new plan.. But the whole thing on an auction block and hawk it like livestock. What's so special about horse racing anyway and why do we need a bunch of care takers.

[SentToStud]

Originally Posted by freddymo

Look that makes way too much sense Studly obviously you are just pissed at NYRA because they dont buy your sperm..lol

The way it works is you tell everyone those were bad people who did bad things but you now have good people who do good things and all is forgiven because you came to jesus and confessed your past sins. Imagine a couple of Jewish boys are steering the ship from the second deck while the capt. smiles and perks them out. All because they lost their front man to HK..

I kind of like the new plan.. But the whole thing on an auction block and hawk it like livestock. What's so special about horse racing anyway and why do we need a bunch of care takers.

It's a clusterf@#k there at NYRA/NY State for sure. And it's probably not going to change. Folks can bluster about things like Magna and CDI falling off the screen but, to me, when Kirkorian (MGM) loses interest that means there's probably no money to be made or at least not fast enough to justify the expense.

As far as Nader leaving, that's always an issue with non-profits... trying to compete for good people. He was there a long time, 10+ years I believe.

[freddymo]

Black beard cares about NYRA because he makes his living at those tracks and there is absolutely nothing wrong with that. Racing has had a storied tradition in NY and it will evolve with or without NYRA.

[sumitas]

Fellas, the NYRA has been awarded the horse racing part of the franchise. What is now needed is resolution of the casino side of it.

Originally Posted by sumitas

Fellas, the NYRA has been awarded the horse racing part of the franchise. What is now needed is resolution of the casino side of it.

Even critics of NYRA, like me, have no problem with them being awarded the franchise. The issue is accountability. Nobody is worthy of a 30 yr franchise, but a group that has a "shaky" history really isn't worthy.

If the problem is with OTB's then they need to resolve it. I just wonder why if the setup is so bad, why is NYRA fighting so hard for something that is impossible to break even with. Makes ZERO sense. Somebody is making money off the current situation and I suspect that somebody(ies) is connected to NYRA somehow.

[sumitas]

Originally Posted by Benevolus

Even critics of NYRA, like me, have no problem with them being awarded the franchise. The issue is accountability. Nobody is worthy of a 30 yr franchise, but a group that has a "shaky" history really isn't worthy.

If the problem is with OTB's then they need to resolve it. I just wonder why if the setup is so bad, why is NYRA fighting so hard for something that is impossible to break even with. Makes ZERO sense. Somebody is making money off the current situation and I suspect that somebody(ies) is connected to NYRA somehow.

Bene what you write is reasonable. I agree, 30 years is a long time without having some kind of accountability periodically. It seems fair that the NYRA should have to meet certain standards within a specific amount of time. Even the casino operator, they must meet standards and have accountability, imo.

[Cannon Shell]

Originally Posted by sumitas

Bene what you write is reasonable. I agree, 30 years is a long time without having some kind of accountability periodically. It seems fair that the NYRA should have to meet certain standards within a specific amount of time. Even the casino operator, they must meet standards and have accountability, imo.

How do you figure there is no accountability? They have a freakin oversight board watching everything they do. The people who work in the racing ofice were forced to give up their fantasy football league in the name of accountability.

You think NYRA is so bad? Wait until Stronach croaks and Magna sells off the rest of the tracks...