Rev. Federico Lombardi

sends secret message to Andrew Cuomo that no help is needed to keep the faithful out of Nassau OTB

Associated Press

VATICAN CITY— Pope Francis has issued a decree to reinforce the Vatican's crackdown on money-laundering.
The executive order issued Thursday strengthens the Financial Information Authority created by then- Pope Benedict XVI in 2010. It also sets up a watchdog for Vatican bodies involved in financial activities. This is in line with recommendations made by the Council of Europe's Moneyval committee, which helps countries comply with international money-laundering controls.
Vatican spokesman the Rev. Federico Lombardi said that the papal decree was "another step" in the Vatican's moves to bring its rules against money-laundering and other financial crimes in line with international standards.
The Vatican faces a November deadline to update Moneyval on its progress since receiving poor or failing grades on its financial oversight last summer.

NY PML Sec 109 is not needed by the Vatican even if the Vatican may have requested same.
See NY Const. Art. 1, Sec. 3
Greeks do not count



HI-

Thanks for the help. The item’s below. I’d be happy to mail you a copy, if you give me a mailing address.

Claude Solnik

(631) 913-4244

Long Island Business News

2150 Smithtown Ave.

Ronkonkoma, NY 11779-7348 

Home > LI Confidential > Stop scratching on holidays

Stop scratching on holidays
Published: June 1, 2012

Off Track Betting in New York State has been racing into a crisis called shrinking revenue. Some people have spitballed a solution: Don’t close on holidays.
New York State Racing Law bars racing on Christmas, Easter and Palm Sunday, and the state has ruled OTBs can’t handle action on those days, even though they could easily broadcast races from out of state.
“You should be able to bet whenever you want,” said Jackson Leeds, a Nassau OTB employee who makes an occasional bet. He added some irrefutable logic: “How is the business going to make money if you’re not open to take people’s bets?”
Elias Tsekerides, president of the Federation of Hellenic Societies of Greater New York, said OTB is open on Greek Orthodox Easter and Palm Sunday.
“I don’t want discrimination,” Tsekerides said. “They close for the Catholics, but open for the Greek Orthodox? It’s either open for all or not open.”
OTB officials have said they lose millions by closing on Palm Sunday alone, with tracks such as Gulfstream, Santa Anita, Turf Paradise and Hawthorne running.
One option: OTBs could just stay open and face the consequences. New York City OTB did just that back in 2003. The handle was about $1.5 million – and OTB was fined $5,000.
Easy money.