Re: I thought the bidding was over? (481 Views)
Posted by:
miff (IP Logged)
Date: March 09, 2007 03:35PM
True about the Vegas guys but my wife received more comp playing in the casino than I received for playing horses for 10k worth in three days.No doubt Vegas guys will treat customers better than before. In that vein, it is against the state racing laws for NYRA to fool with "comp" type arrangements. The recent NYRA rebate player program went over like a lead balloon in Albany where they are just clueless. Nyra cannot give a good customer a free entry pass or parking by law. Some politicians still clamoring to raise the takeout to cover any shortfalls, repeat, just clueless!
The race track operation will be a necessary evil to the Vegas connection and several other bidders. Unless the idioticians in Albany make the deal protecting NY racing, you can except racing to be treated as the small return, necessary evil, that it will represent compared to the casino/racino revenues.
Unless there is a change or delay, NYRA makes it's last stand next week in bankrupcy court. If their case is tossed out(as the state lawyers suggest) then they do not own the racetrack land and have no bargaining chips.With the heat being turned up by the private bidders it will have to be concluded that the state does wish to control NY racing in order for NYRA to survive. I've heard a Quasi NYRA/Private group partnership franchise but it sounds far fetched.And of course the cancerous OTB's lurk in the shadows and will probably need to be bought out as part of any deal.
Really do not give a rats a-- about franchise holders etc, just hope that the results are the best for the players.
Mike
Edited 1 time(s). Last edit at 03/09/2007 04:01PM by miff.
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