Cuomo's budget calls
07:05 PM 19 Jan 2018 NZDT
Albany - Gov. Andrew Cuomo's 2018-19 budget plan has proposed some subtle changes in the state's gaming industry, which includes horse racing, video lottery, harness racing, racinos and full-scale casinos.
But some observers have expressed disappointment with the budget plan's overall lack of attention to the gaming industry,
"A big zero," said Donald Groth, president and CEO of the Catskill OTB, who wants to be able to offer video lottery terminals, or VLTs, in his parlors.
Donald groth is another zeto who has not opened catskill otb on frank stronach day so that bettors may bet
celebratedonald groth day at frank stronach otb
Stop scratching on holidays
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.
Donald groth is another zeto who has not opened catskill otb on frank stronach day so that bettors may bet
celebratedonald groth day at frank stronach otb
Sunday, April 1, 2018
Track Code | Track Name | Entry | Scratch | 1st Post ET | 1st Post Local | Time Zone | Stakes Race(s) | Stakes Grade | T.V. Indicator |
---|---|---|---|---|---|---|---|---|---|
GG | GOLDEN GATE FIELDS | 48 | 24 | 3:45 PM | 12:45 PM | PDT | |||
GP | GULFSTREAM PARK | 72 | 0 | 1:15 PM | 1:15 PM | EDT | |||
SA | SANTA ANITA PARK | 72 | 24 | 3:30 PM | 12:30 PM | PDT | |||
SUN | SUNLAND PARK |
Claude Solnik
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.
pope francis on the line
believers to church all others as they wish
Cuomo finally signals ‘surrender’ in
celebrate frank stronach day at nassau otb
The Scariest Catholic in America Andrew Cuomo
free programs at nassau otb on frank stronach day
Sunday, April 1, 2018
Track Code Track Name Entry Scratch 1st Post
ET 1st Post
Local Time
Zone Stakes Race(s) Stakes Grade T.V.
Indicator
GG GOLDEN GATE FIELDS 48 24 3:45 PM 12:45 PM PDT
GP GULFSTREAM PARK 72 0 1:15 PM 1:15 PM EDT
SA SANTA ANITA PARK 72 24 3:30 PM 12:30 PM PDT
SUN SUNLAND PARK
Sunday, April 1, 2018
Track Code | Track Name | Entry | Scratch | 1st Post ET | 1st Post Local | Time Zone | Stakes Race(s) | Stakes Grade | T.V. Indicator |
---|---|---|---|---|---|---|---|---|---|
GG | GOLDEN GATE FIELDS | 48 | 24 | 3:45 PM | 12:45 PM | PDT | |||
GP | GULFSTREAM PARK | 72 | 0 | 1:15 PM | 1:15 PM | EDT | |||
SA | SANTA ANITA PARK | 72 | 24 | 3:30 PM | 12:30 PM | PDT | |||
SUN | SUNLAND PARK |
Other struggling Off-Track Betting operators including Capital District OTB had previously sought permission to install the slot-like terminals but have been denied.
The problem, Groth said, is traditional OTB parlors like Catskill and Capital District still rely on horse wagering, even as other forms of gambling are coming on line.
The Long Island OTBs in Nassau and Suffolk counties were both allowed to deploy VLTs, offering gamblers yet another option.
With upstate New York's fourth Las Vegas-style casino set to open in February, the Empire State and its neighbors appear to be saturated with casino options, said Alan Woinski, president of Gaming USA, a gaming-industry news service.
In keeping with that, some of the governor's budget proposal call for simplifying and streamlining the rules and tax brackets that VLT racinos pay to the state. For instance, they want to lower from 27 to 7 the various tax rates that racinos across the state pay.
The proposal also seeks to eliminate a hold-harmless provision that would have made casinos give money to racinos in their geographical regions if they cut into their business and the taxable money available for the state. That hasn't yet happened, so the governor wants to eliminate the hold-harmless clause.
There are three Las Vegas-style casinos across upstate: Tioga Downs in Tioga County; del Lago in the Seneca County community of Tyre; and Rivers in Schenectady.
A fourth, Resorts World Catskills, is set to open near Monticello in February.
The existing casinos' operators have been saying in recent months that revenues haven't met their expectations.
"The reality is the reason why the three casinos are not doing well is because they are still competing with the (racino) race tracks," Woinski said.
In December, Schenectady officials reported that they wouldn't be getting as much tax revenue as they had expected from Rivers. While they earlier said the casino, which opened approximately 11 months ago, would allow them to cut property taxes by 18 percent, the final number came in at only 1 percent.
Additionally, Moody's Investor Services recently downgraded its rating for the del Lago resort to a negative outlook. While initially projected to earn $250 million in its first year, the operation, nine months after opening, will
make $150 million, according to Moody's.
make $150 million, according to Moody's.
News of the lower revenue shouldn't mean the casinos should pay less to their host communities, said Westchester Democratic Assemblyman Gary Pretlow, who chairs the Racing and Wagering Committee.
"They are making money," he said. "But they had these glossy, flowery projections."
Adding to the list of worriers are horse breeders and racers, especially in the state's struggling harness racing industry.
Harness tracks are connected to the VLT parlors and revenues from the slots have long helped support the racing.
With the competition from new gaming venues, many expect an ongoing slide in VLT revenue, which will ultimately mean less for the harness people including New York farmers who have more than 1,000 breeding mares.
"Every one of those horses needs food, shelter and care so it's a huge agricultural program," said Betty Holt, executive director of the Harness Horse Breeders of New York State.
rkarlin@timesunion.com 518 478 0309 @
park dtrategues snd nasau itb condultsnts and lobbyists rob from otb employees who work
They simply collect for doing nothing
Andrew M. Cuomo, Attorney General, Albany (Victor Paladino, Barbara D. Underwood and Andrea Oser of counsel), for New York State Racing and Wagering Board, respondent-appellant. Bleakley Platt & Schmidt, LLP, White Plains (Frederick J. Martin, Susan E. Galvo and Robert D. Meade of counsel), for Yonkers Racing Corporation, respondent-appellant. Nolan & Heller, LLP, Albany (Richard L. Burstein of counsel), for Saratoga Harness Racing, Inc., respondent-appellant. Marvin Newberg, Monticello, for Monticello Raceway Management, Inc., respondent-appellant. Jaspan Schlesinger Hoffman, LLP, Garden City (Thomas J. Garry and Keith M. Corbett of counsel), for Nassau Regional Off-Track Betting Corporation, appellant-respondent. Michael A. Cardozo, Corporation Counsel, New York City (Susan Choi-Hausman, Pamela Seider Dolgow, Ira H. Block and June R. Buch of counsel), for New York City Off-Track Betting Corporation, appellant-respondent. Powers & Santola, LLP, Albany (Michael J. Hutter of counsel), Neil H. Tiger, Hauppauge, and Stern & Rindner, Goshen (Mark D. Stern of counsel), for Suffolk Regional Off-Track Betting Corporation and others, appellants-respondents.
park dtrategues snd nasau itb condultsnts and lobbyists rob from otb employees who work
They simply collect for doing nothing
Court of Appeals of New York.
IN RE: SUFFOLK REGIONAL OFF-TRACK BETTING CORPORATION, Appellant-Respondent, v. NEW YORK STATE RACING AND WAGERING BOARD et al., Respondents-Appellants. (And Four Other Related Proceedings.).
Decided: December 17, 2008
OPINION OF THE COURT
At the core of this litigation-with the Off-Track Betting Corporations (OTBs) on one side, and the State Racing and Wagering Board and state harness racing tracks on the other side-are questions of statutory interpretation. We begin with a brief history of the relevant sections of the Racing, Pari-Mutuel Wagering and Breeding Law and the present controversy.
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