and bars etc.
Perhaps Charles Hayward can't say Hazel Dukes? His opinion is not worth much.
And let's not forget that will all of his high priced legal talent he has for years and years told the bettors of the State of New York to go to hell while he may go church on Palm Sunday and each and every Easters Sundays when tracks across the United States are running that people want to bet whether or not they also chose to go to church.
Charles Hayward, another New Yorker, who has not read NY Const. Art. 1, Sec. 3 or pondered the obvious, the Gregorian Calendar and Julian Calendars do not define the same Sunday to be Easter Sunday in all years.
Not open. NO BETS! NO CASH?
The Saratogian (saratogian.com), Serving the Saratoga Springs, N.Y. region
Perhaps Charles Hayward can't say Hazel Dukes? His opinion is not worth much.
And let's not forget that will all of his high priced legal talent he has for years and years told the bettors of the State of New York to go to hell while he may go church on Palm Sunday and each and every Easters Sundays when tracks across the United States are running that people want to bet whether or not they also chose to go to church.
Charles Hayward, another New Yorker, who has not read NY Const. Art. 1, Sec. 3 or pondered the obvious, the Gregorian Calendar and Julian Calendars do not define the same Sunday to be Easter Sunday in all years.
Not open. NO BETS! NO CASH?
The Saratogian (saratogian.com), Serving the Saratoga Springs, N.Y. region
News
Striving for viability: NYRA banking on NYC OTB, Internet wagering
Thursday, October 13, 2011By PAUL POST, ppost@saratogian.com
SARATOGA SPRINGS — Controlling the former New York City OTB territory, expanded Internet wagering and racetrack capital improvements are keystones of a New York Racing Association plan to achieve long-term financial viability.
President and CEO Charles Hayward also says the state’s five regional off-track betting firms are draining money from racing, and that NYRA should be allowed to run a consolidated Internet wagering system for NYRA and all the OTBs.
Hayward outlined NYRA’s proposals at a hearing called by state Senate Racing Committee Chairman John Bonacic,
R-Mount Hope. The session, held on Long Island, was the last of three statewide hearings to garner input New York’s racing and wagering industry as lawmakers prepare to tackle policy decisions during the 2012 legislative session.
"An analysis of New York City OTB … demonstrates that the parlor distribution system, combined with excessive operational and legacy costs, resulted in its financial demise," Hayward said. "This model should not be re-established or perpetuated in New York City, particularly by an OTB with its own franchise territory. Instead, NYRA should be granted the exclusive off-track franchise for New York City."
Such steps require approval from both state and city officials, however.
Catskill Regional OTB also wants to take over the New York City market, as outlined in a bill sponsored by Assembly Racing Committee Chairman J. Gary Pretlow, D-Yonkers. The racing industry has lost an estimated $65 million per month since New York City OTB closed, Catskill OTB President and CEO Donald Groth said.
"The legislation is desperately needed to create jobs for the terminated workers while bringing millions of dollars of lost wagers back to the pari-mutuel system as intended throughout the history of OTBs," he said.
New York City OTB closed Dec. 7, throwing more than 800 people out of work. Gov. Andrew Cuomo has refused to sign legislation that would give former OTB workers retirement and health benefits.
Instead of betting shops, NYRA wants to offer off-track wagering at restaurants and bars in New York.
NYRA has captured a good deal of New York City OTB’s former business with wagering facilities at Aqueduct and Belmont Park. But considerable revenue is now going to illegal bookmakers.
Groth disputed Hayward’s claim that NYRA is best suited to run a consolidated account wagering system.
"Catskill OTB has developed one of the most far reaching internet wagering platforms in the industry," he said. "If NYRA is serious about increasing the efficiency of Internet wagering in New York and working with OTB, it should immediately contract with Catskill to handle its Internet/ADW wagering business in the most modern way."
NYRA’s long-term plan also calls for boosting purses with revenue from Aqueduct’s new casino that’s slated to open this fall. Purses are expected to rise $30 million next year alone.
Breeding farms are already feeling the benefit as out-of-state stables have begun sending some of their top horses to New York. Likewise, prices went up considerably for horses at this summer’s Fasig-Tipton Co. New York-bred sale in Saratoga Springs.
Increased national broadcasts of thoroughbred racing are expected to help NYRA and the entire industry as well.
NYRA’s 25-year franchise to operate Saratoga Race Course, Belmont Park and Aqueduct runs through 2033.
Earlier this year, a state Franchise Oversight Board that monitors NYRA’s business operations questioned NYRA’s ability to achieve long-term profitability. NYRA is expected to end 2011 with a roughly $11 million operating deficit.
However, NYRA says the combination of new Aqueduct gaming revenue, a restructured OTB system and other steps in its long-term plan will allow the firm to get back in the black and stay there.
In his testimony, Hayward said lawmakers should carefully consider the impact of full-scale casino gaming on racing before allowing such facilities to open in New York. At present, only electronic table games and video lottery terminals are allowed.
However, neighboring states such as New Jersey, Connecticut and Pennsylvania allow full-scale gaming. Proponents say New York should allow such business, too, to keep money from going out-of-state.
President and CEO Charles Hayward also says the state’s five regional off-track betting firms are draining money from racing, and that NYRA should be allowed to run a consolidated Internet wagering system for NYRA and all the OTBs.
Hayward outlined NYRA’s proposals at a hearing called by state Senate Racing Committee Chairman John Bonacic,
R-Mount Hope. The session, held on Long Island, was the last of three statewide hearings to garner input New York’s racing and wagering industry as lawmakers prepare to tackle policy decisions during the 2012 legislative session.
"An analysis of New York City OTB … demonstrates that the parlor distribution system, combined with excessive operational and legacy costs, resulted in its financial demise," Hayward said. "This model should not be re-established or perpetuated in New York City, particularly by an OTB with its own franchise territory. Instead, NYRA should be granted the exclusive off-track franchise for New York City."
Such steps require approval from both state and city officials, however.
Catskill Regional OTB also wants to take over the New York City market, as outlined in a bill sponsored by Assembly Racing Committee Chairman J. Gary Pretlow, D-Yonkers. The racing industry has lost an estimated $65 million per month since New York City OTB closed, Catskill OTB President and CEO Donald Groth said.
"The legislation is desperately needed to create jobs for the terminated workers while bringing millions of dollars of lost wagers back to the pari-mutuel system as intended throughout the history of OTBs," he said.
New York City OTB closed Dec. 7, throwing more than 800 people out of work. Gov. Andrew Cuomo has refused to sign legislation that would give former OTB workers retirement and health benefits.
Instead of betting shops, NYRA wants to offer off-track wagering at restaurants and bars in New York.
NYRA has captured a good deal of New York City OTB’s former business with wagering facilities at Aqueduct and Belmont Park. But considerable revenue is now going to illegal bookmakers.
Groth disputed Hayward’s claim that NYRA is best suited to run a consolidated account wagering system.
"Catskill OTB has developed one of the most far reaching internet wagering platforms in the industry," he said. "If NYRA is serious about increasing the efficiency of Internet wagering in New York and working with OTB, it should immediately contract with Catskill to handle its Internet/ADW wagering business in the most modern way."
NYRA’s long-term plan also calls for boosting purses with revenue from Aqueduct’s new casino that’s slated to open this fall. Purses are expected to rise $30 million next year alone.
Breeding farms are already feeling the benefit as out-of-state stables have begun sending some of their top horses to New York. Likewise, prices went up considerably for horses at this summer’s Fasig-Tipton Co. New York-bred sale in Saratoga Springs.
Increased national broadcasts of thoroughbred racing are expected to help NYRA and the entire industry as well.
NYRA’s 25-year franchise to operate Saratoga Race Course, Belmont Park and Aqueduct runs through 2033.
Earlier this year, a state Franchise Oversight Board that monitors NYRA’s business operations questioned NYRA’s ability to achieve long-term profitability. NYRA is expected to end 2011 with a roughly $11 million operating deficit.
However, NYRA says the combination of new Aqueduct gaming revenue, a restructured OTB system and other steps in its long-term plan will allow the firm to get back in the black and stay there.
In his testimony, Hayward said lawmakers should carefully consider the impact of full-scale casino gaming on racing before allowing such facilities to open in New York. At present, only electronic table games and video lottery terminals are allowed.
However, neighboring states such as New Jersey, Connecticut and Pennsylvania allow full-scale gaming. Proponents say New York should allow such business, too, to keep money from going out-of-state.
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