HORSEPLOP.COM
General Category => Thoroughbred Racing => Topic started by: The Exporter on February 18, 2022, 01:18:41 PM
-
For a few weeks now, the Albany Tines Union newspaper, has been doing a hatchet job on racing. In a series of attacks, todays article focused on how all New York tracks were funded. Of course, VLT revenue led the smack down.
At a point, the writer was reporting the states effort in the current legislative session to greatly reduce and even decouple racing from casino revenue streams. As expected, stakeholders and politicians touted the great economic benefits the communities gain from the current arraignment.
Joe Faraldo had this to say; "“What do you want to do, take that money away from these hard-working people, move it over to some social program, which is popular today, become a socialist society in essence by picking on this industry?”
Can you believe the twisted mentality of this dude? Joe, racing survives on socialistic programs. You have been given a half billion dollars since 2008 and the industry has shrunk to its lowest production ever, all while engulfed in the largest corruption and cheating conspiracy in the almost 100 year history of pari-mutual wagering.
Huey Lewis said it best; "I want a new drug..."
-
Id be checking on a hidden bank acct on this asshole
-
well said exporter
-
Racing survives because horsepeople allowed casinos at racetracks in return for a piece of the revenue.
That is not socialism.
-
Racing survives because horsepeople allowed casinos at racetracks in return for a piece of the revenue.
That is not socialism.
The racetracks didn’t allow it, horse people are broke, except a few, racing is dying. Politicians voted welfare in,they can vote it out. I’m sorry to say horse racing is on life support.
Exporter is right.
-
horsemen dont help thier on sport
-
The racetracks didn’t allow it, horse people are broke, except a few, racing is dying. Politicians voted welfare in,they can vote it out. I’m sorry to say horse racing is on life support.
Exporter is right.
For sure on life support.
I was saying faroldo wasn't being a hypocrit. The casino $$$ going to horsepeople was not a socialist move. It was a deal. Diverting that $$ to various government programs would be, however.
-
THE INDUSTRY HAS SQUANDERED SO MUCH MONEY THAT IT IS SCARY. THE SPORT WAS GIVEN LIFE SUPPORT ----BUT, THE SPORT THEN HANDED THE MONEY OUT TO SO FEW WHO DID NOTHING TO SAVE OR GROW THE SPORT. THE LACK OF LEADERSHIP IN THE SPORT IS SO OBVIOUS.
IN THE OLD DAYS THERE WERE STARS---BOTH HORSES AND TRAINERS AND DRIVERS!! TODAY, ALL WE SEE AND HEAR ABOUT IS THE INDICTED AND MORE PENALTIES WEEK AFTER WEEK!!!!!
IT IS A SHAME THAT WE DID NOT HAVE A LEADER ---A CZAR OF SORTS TO REPRESENT THE HORSEMEN!!! IT IS TRULY A SHAME TO SEE HOW SO FEW TOOK SO MUCH OUT OF THE SPORT!!! NOW WHAT?
UNFORTUNATELY, THIS SPORT IS I HUGE TROUBLE AND THE MONEY THAT IS BEING PAID OUT IS SO HUGE BUT GOING INTO SO FEWS HANDS!!!
WHY DOES ROGER GOODELL MAKE THE MONEY HE MAKES? TO PROMOTE AND MANAGE AND TO MAKE DIFFICULT DECISIONS---HE KEEP THE NFL IN THE NEWS!!!!
THE CURRENT SETUP DOES NOT WORK. THE MONEY DISTRIBUTION PERCENTAGES DOES NOT WORK. THE USTA FINALLY SAYS THEY ARE NO MORE THAN RECORD KEEPERS WHEN BACK IN THE 1970'S THEY TRIED TO RUN THE SPORT --------WHAT IS THE ANSWER?
IF DECOUBLING OCCURS---THEN THAT WILL BE THE FINAL STRAW IN THE INDUSTRY. THE COST IS TOO GREAT TO RAISE HORSES ---CANNOT RACE FOR PEANUTS. THERE WILL BE SEVERAL STATES THAT DO WELL---BUT, OTHERS WILL VANISH. THE BIG MONEY WILL TAKE ALL THE MONEY AND THE LITTLE GUY WILL NOT BE ABLE TO COMPETE AND EARN AN HONEST LIVING.
SAD BUT VERY TRUE!!!!!
-
Lets be real here.
Harness racing was in trouble before the Casino deals over a dozen years ago-long before any drug scandals.
Administrators were too busy with their snouts in the trough. Instead of cutting administrator costs and promoting the Sport and enticing gamblers-they helped themselves.
Sports betting was becoming very popular-and the administrators of our Sport did nothing to promote our Sport or entice newcomers. In fact they did the opposite. Rediculously high salaries for employed -(really unemployed) and rorts. eg The NJ Sports Authority and Race Commission leaders were buying season tickets to Jet games for themselves and friends . The leader of the Authority Salary was higher than the President of the USA!
https://www.nj.com/news/2010/05/nj_sports_authority_spent_1m_s.html.
Gov Christie did everything he could to shut racing down because it had been run into the ground and was losing money. Noone wanted to invest money in a then losing proposition--except Mr. Gural.
While he has saved racing-it is still a hill to climb to make a profit.
People are more interested in betting at the Casino or online. They want entertainment -to be entertained. Meadowlands is the only track I see that tries to do a little bit of that--make it exciting. The other tracks--just give a small part of the profit to continue the deal they made with the tracks to operate.
The Casinos today that have harness are desperate to rid themselves of racing and have been doing everything in their power to do so.
Its in their interest .
Horse racing does provide many jobs and keeps farms open. Many are hard working-but sadly there are some rotten apples that are spoiling the whole bunch. Getting them removed will be of untold help=and the few million$$ that racing receives from the Casinos--is a drop in the bucket-of total Casino profits. Casinos provide 0 benefit to keeping farms open,keeping areas green-so at least the money they give to our Sport is useful for that.
With the right leaders and Gov leadership-I believe the Sport can survive--as it does in Europe and Down Under.
Without that-its a downhill slide.
-
For sure on life support.
I was saying faroldo wasn't being a hypocrit. The casino $$$ going to horsepeople was not a socialist move. It was a deal. Diverting that $$ to various government programs would be, however.
Rocket, I agree. The initial agreements were more of a business agreement. Each entity having what the other needed to make a new entity. But, unlike a straight up business deal, it needed to meet with the needs of government agencies and regulatory commissions, each having their own missions.
The horsemen were on average, 10% of the VLT revenues to be used for purses and breeding enhancements. They were awarded these concessions to stabilize the immediate needs of racing and to grow the racing and breeding business. Every lobbyist for racing guaranteed the increased purses would increase the on track attendance and drive the live handle to the point they would be self sufficient in 7 years.
The breeding industry was to benefit from the greater racing opportunities as well as attract greater quality breeding stock. It never happened. As a matter of fact, in NY there are about 50% less mares bred and we stand 80% less stallions then before the VLT money.
The racing industry now has a business model that depends on government subsidies in the amount of 88% of total revenue. How is that not socialism? The government knows it is not getting any of the benchmarks met to the deal yet, renews contracts without ever holding the racetrack or horsemen responsible for their claims? So now, we have socialism and corruption.
Is there a soul out there that will say the present model for racing, funding and policing the product is working? How can anyone defend the current model ?
-
Exporter-all due respect I disagree with your post.
I agree with pocketrocketwinne r and faraldo on this one.
Socialism by my interpretation and others-is that socialism supports a political or economic philosophy that says society as a whole, rather than private companies, should own or control various goods and services.
Most harness tracks made deals with private companies(casinos)--ie a business liaison. Cant be socialism--they have the contracts to show for it.Two private companies doing business.
Now if the Casinos-are decoupled from harness-and THEN -the Government- gives them a subsidy without getting anything in return--that in my eyes-is socialism or a handout..
-
Exporter-all due respect I disagree with your post.
I agree with pocketrocketwinne r and faraldo on this one.
Socialism by my interpretation and others-is that socialism supports a political or economic philosophy that says society as a whole, rather than private companies, should own or control various goods and services.
Most harness tracks made deals with private companies(casinos)--ie a business liaison. Cant be socialism--they have the contracts to show for it.Two private companies doing business.
Now if the Casinos-are decoupled from harness-and THEN -the Government- gives them a subsidy without getting anything in return--that in my eyes-is socialism or a handout..
Jesus Tap Dancing Christ
-
100% socialism
-
Exporter-all due respect I disagree with your post.
I agree with pocketrocketwinne r and faraldo on this one.
Socialism by my interpretation and others-is that socialism supports a political or economic philosophy that says society as a whole, rather than private companies, should own or control various goods and services.
Most harness tracks made deals with private companies(casinos)--ie a business liaison. Cant be socialism--they have the contracts to show for it.Two private companies doing business.
Now if the Casinos-are decoupled from harness-and THEN -the Government- gives them a subsidy without getting anything in return--that in my eyes-is socialism or a handout..
For sure, bond. I dont necessarily agree with you often but you are spot on.
I also don't like faroldo. But that doesn't mean he is wrong here. He's dead on balls right, imo
-
Exporter-all due respect I disagree with your post.
I agree with pocketrocketwinne r and faraldo on this one.
Socialism by my interpretation and others-is that socialism supports a political or economic philosophy that says society as a whole, rather than private companies, should own or control various goods and services.
Most harness tracks made deals with private companies(casinos)--ie a business liaison. Cant be socialism--they have the contracts to show for it.Two private companies doing business.
Now if the Casinos-are decoupled from harness-and THEN -the Government- gives them a subsidy without getting anything in return--that in my eyes-is socialism or a handout..
BOND START OVER IN YOUR CIVICS INTERPRETATION FORGET EVERYTHING YOU KNOW OR THINK.
HERES A GOOD STARTING POINT,
https://www.youtube.com/watch?v=OgVKvqTItto
ALL DUE RESPECT,,,
-
For sure, bond. I dont necessarily agree with you often but you are spot on.
I also don't like faroldo. But that doesn't mean he is wrong here. He's dead on balls right, imo
WRONG,
HE OVERSEES AND COOPERATES WITH TOTAL SCUM CHEATS,,,
HIS OBJECTIVE IS ABSOLUTE DECEPTION IN EVERY DEALING,,,
TO THINK HE’S GENUINE OR CORRECT IN ANYTHING IS DRINKING THE KOOL-AID.
FUCK HIM AND THOSE WHO STAND WITH HIM.
-
Jesus Tap Dancing Christ
ngc3 ngc3 ngc3
-
https://www.timesunion.com/projects/2022/new-york-horse-racing-subsidies/?IPID=Times-Union-HP-4pack&utm_source=newsletter&utm_medium=email&utm_content=headlines&utm_campaign=tu_capitolconfidential&sid=
-
https://romesentinel.com/stories/racetrack-subsidies-in-hochul-budget-face-scrutiny,129886
-
In retrospect it has been mostly NYRA that has sucked up the state funds with all the bailouts and such. The harness industry has gotten pittens in comparison.
-
Or maybe you mean pittance? A small scrap or left over share.