Recommendations from Friends
Friends of New York Racing is releasing its first study of the New York racing industry on Monday, and will recommend that the “three major thoroughbred racetracks should be run as a business for profit in partnership with the state, all off-track betting outlets should be folded into the enterprise, and video lottery terminals should be allowed at Belmont Park.” Friends of New York Racing estimates that replacing NYRA with such a model would attract capital investment of up to $1 billion and produce more than $6 billion for education in 10 years, in addition to assuring racing’s future in the state. How very sensible — which means, what chance in Albany? (New York Times)
