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Re: NYRA Oversight Likely to Be Extended One Year (497 Views)
Posted by: miff (IP Logged)
Date: March 16, 2015 07:53AM

More to the story is the greedy politicians/Cuomo in Albany. All sorts of numbers being tossed around as to what potential revenue will come to the State from future casinos.A huge political bomb may explode in that the State is about to be sued for shorting NYC's public schools app $2.5billion, monies mandated by law.

Scrambling to make a deal, Albany looking at ways to come up with the $$ and a "few" Senators/Assemblymen looking at racing slot subsidies received by NYRA/racing from Genting.This,a disaster for NYRA should subsidies be discontinued or reduced.While the subsidies to NYRA/racing are mandated by law,Cuomo has been known to ignore that when he wants, as he ignored the bonafide NYRA Franchise agreement when he seized control of NY racing.

While this is going on, NYRA CEO Chris Kay and his minions are nickel and diming the players/owners to try to pretty up NYRA's financials, BRILLIANT!



Subject Written By Posted
NYRA Oversight Likely to Be Extended One Year (716 Views) joemama 03/16/2015 07:05AM
Re: NYRA Oversight Likely to Be Extended One Year (497 Views) miff 03/16/2015 07:53AM
Re: NYRA Oversight Likely to Be Extended One Year (521 Views) P-Dub 03/16/2015 01:51PM
Re: NYRA Oversight Likely to Be Extended One Year (430 Views) joemama 03/16/2015 07:29PM
Re: NYRA Oversight Likely to Be Extended One Year (439 Views) joemama 03/16/2015 07:37PM
Re: NYRA Oversight Likely to Be Extended One Year (359 Views) elkurzhal 03/16/2015 08:13PM
Re: NYRA Oversight Likely to Be Extended One Year (411 Views) P-Dub 03/17/2015 03:59AM
Re: NYRA Oversight Likely to Be Extended One Year (428 Views) Topcat 03/17/2015 12:02PM
Re: NYRA Oversight Likely to Be Extended One Year (385 Views) moosepalm 03/17/2015 09:59PM
Re: NYRA Oversight Likely to Be Extended One Year (393 Views) joemama 03/18/2015 10:35AM


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