Cuomo to meet with Trump over tax law changes while trump tells him to open the curch of nassau otb for the otb faithful. trump gives him a medal for trying to run over the wandering dago food truck ,
Sunday, April 21, 2019
| 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 | |||
| LS | LONE STAR PARK | 72 | 0 | 3:35 PM | 2:35 PM | CDT | |||
| SA | SANTA ANITA PARK | 72 | 24 | 3:30 PM | 12:30 PM | PDT | |||
| SUN | SUNLAND PARK | 168 | 0 | 2:30 PM | 12:30 PM | MDT | |||
| WO | WOODBINE | 72 | 48 |
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Andrew
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.
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.
Gov. Andrew Cuomo is meeting President Trump at the White House Tuesday to discuss how changes in the federal tax code are hurting New York, the governor announced Monday.
Speaking at an Albany press conference, Cuomo said the $10,000 cap on state and local tax deductions (SALT) that can be deducted on federal returns has cut New York’s projected income tax revenues by billions of dollars.
“It changes the fundamental trajectory of the state. You have a structural liability … I want to make the president aware of it,” Cuomo said.
The governor said New York already sends $35.6 billion more in tax revenues to Washington than it gets back.
The limitation on SALT exacerbates the gap, Cuomo said.
“You are penalizing the states that have generated the wealth. Now you want to penalize New York after generating that wealth,” he said.
Under New York’s progressive income tax system, 1 percent of the top earners provide nearly half the state’s income tax revenues.
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