At the beginning of 2012, NYRA was facing problems common to many other Racing
circuits -- horse shortage, performance enhancing meds, erosion of fan base, etc.
NYRA has the extra pressure of two facilities which are, at best, outdated.

A privately held and/or publicly traded corportation would have recognized these
challenges, and when Charles Hayward was dismissed, would have searched the
industry and hired the best man available to face these challenges.

Instead, NYRA got a political appointee who not only had no industry experience,
but also gave the impression that he had only been to the racetrack a handful of
times in his life, if that many.

The only sign of improvement: Kay and his cadre seem to realize that the words
"live gate" haved no relevance at either Aqueduct or Belmont.