Author Topic: NY Legislature introduced a bill to pull VLT money from racing  (Read 8540 times)

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The Exporter

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #15 on: November 19, 2021, 07:41:13 AM »
It is a NYS Legislator who is lobbing to change the law. The same way the deals were made, by legislation. So, as for the people violating... Were do you think this money comes from? It is an agreed % of casino profits, distributed to horsemen, and education. A tax on casino profits. So, yes. It is a tax. The legislature has the power to revisit and rewrite laws. They do it every day.

harnessplop

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #16 on: November 21, 2021, 12:06:13 PM »
Ridiculous the purses at yonkers with an average race betting handle of 40k or so. I live harness racing...but its utterly ridiculous the people in parking lot at yonkers and none for racing...To have the purses at that level.

Brown jug

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #17 on: November 21, 2021, 06:26:44 PM »
the purses these casinos pay out is a pittance of what they rake in
ever look at the profit they make
they have no reason to complain and actually they  dont( i guess florida is the exception)
its the lefty snowflakes that do the complaining and consider harness racing evil

harnessplop

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #18 on: November 21, 2021, 06:30:58 PM »
Why should racing get any of slot revenues.....??? Open a small jai akai arena to bet on it..give me break

Brown jug

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #19 on: November 21, 2021, 08:16:53 PM »
i will agree that racing needs to do much more to become as self sufficient as possible
but the reasons that harness racing gets revenue from slots is because that was the deal to allow them in, its not 1990, the landscape has changed and the revenue splits and allocation reflect that

harnessplop

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #20 on: November 22, 2021, 01:17:30 AM »
2021, cut purses. Race 2 nights a week

Joe 4 all

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #21 on: November 22, 2021, 04:29:44 AM »
LETS MAKE DEAL, SHUTTER, BUFFALO, BATAVIA,AND MONTISHITHOLE AND ONLY RACE AT YONKER,SARATOGO, TIOGA AND VERNON.   NOTICE HOW I KEEP THE HEEBS 2 TRACKS OPEN.  THAT SHOULD PISS HIM OFF.

THE STATE WILL HAVE THE MONEY THEY NEED TO VACCINATE THE WHOLE CUOMO FAMILY


Dragonfly

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #22 on: November 22, 2021, 08:17:27 PM »
   Only scumbag, socialist whoresmen, who are nothing more than welfare recipients, would say that the only reason there are casinos, is because of the racetracks. The only reason there are racetracks NOW, is because of the casinos. Harness racing has been for decades a FAILED BUSINESS. How long must taxpayers keep giving handouts to unworthy, ungrateful scum? Call your congressmen, call your Governors, and tell them to DEFUND HARNESS RACING NOW!!!

    Sincerely, Silent One
wrong , so harness racing owners ,trainers ,grooms,etc don't pay any tax just live off subsidies and benefits ? You need to get off the crack cocaine there's  a whole industry there paying taxes from owners ,trainers vetinarians , blacksmiths ,feed suppliers etc
Please be silent

harnessplop

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #23 on: November 22, 2021, 10:21:41 PM »
Grooms won't find work outside racing then??

Superfecta

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #24 on: November 22, 2021, 10:39:08 PM »
Grooms won't find work outside racing then??

The grooms can leave the country and re enter and get the $450,000 welcome prize.

The Exporter

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #25 on: November 23, 2021, 02:55:00 AM »
The projections from harness racing in NY that claimed the VLT enriched purses would cure racings problems never happened. Attendance numbers went from bad to almost non existent.  Breeding in 2004, the first year of VLT's we had 2,307 mares bred from 125 stallions standing in NY. 2017, the last year stats are available from Harness Horse Breeders of New York are, 1190 mares bred from 42 standing studs.
 On any given night at Yonkers, you will see fields with as much as 50% or better filled with imports. This has been ongoing for a decade or more.
 This is a failed plan and needs to be reworked. There has been 100's of millions paid to the harness horse industry from VLT's and little if any impact on on the intended goal, to give harness racing a chance to stabilize and grow. NY's subsidies has made some people in New Zealand and Australia very happy and wealthy.

Brown jug

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #26 on: November 23, 2021, 11:18:25 AM »
that seems like an excessive number of studs for the ny region
if you want to protect your region and horsepeople including breeders which is fine then how about



Brown jug

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #27 on: November 23, 2021, 11:21:08 AM »
that seems like an excessive number of studs for the ny region
if you want to protect your region and horsepeople including breeders which is fine then how about
1. have more races for ny preferred bred
2. give more condition allowances for ny bred
3. expand the stakes program to offer more for 4 yr olds

there are creative ways to encourage this


Calhoun

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #28 on: November 23, 2021, 11:25:20 AM »
that seems like an excessive number of studs for the ny region
if you want to protect your region and horsepeople including breeders which is fine then how about
1. have more races for ny preferred bred
2. give more condition allowances for ny bred
3. expand the stakes program to offer more for 4 yr olds

there are creative ways to encourage this

Have More ... Give More ... Expand...

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The Exporter

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Re: NY Legislature introduced a bill to pull VLT money from racing
« Reply #29 on: November 23, 2021, 12:36:45 PM »
A few years back, the Gaming Commission did just that. They gave tracks the permission to write NY bred restricted races. The problem is, with the low foal crops, they had a difficult time filling.
 Saratoga wrote a fair amount of NY bred races and enhanced the purse too. But, nothing sustainable.
 I am a proponent of reconfiguring the current formula that gives overnight purses 10X more than the breeders program.   

 

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