JC / Railbird

NYRA

Odds and Ends

Blind Luck is raring to go for the El Encino Stakes next Sunday. She worked seven furlongs on Santa Anita on Friday in 1:25.20 and then galloped out another seven furlongs. “For a slightly built filly, she has loads of energy,” observed Jay Privman. On Sunday, it was The Factor flying over the Santa Anita dirt, going five furlongs in :58 flat. “He went a little too fast — he got away from the rider,” said trainer Bob Baffert of the 3-year-old colt.

Culture clash at the Big A? “I feel like I’m in an OTB! I feel like I’m in an OTB!,” LATG overhears an Aqueduct patron telling a security guard. Friday was the one month anniversary of NYC OTB’s closure. Funny, but the parlors already seem like something out of the far past, which I suppose says something about how removed from the mainstream life of the city they had become. (If you’d like to remember days at the OTB, here’s an unexpectedly poignant little video that captures the operation’s waning hours.) While there are some pains as the new element is absorbed into the track scene, NYRA’s efforts to attract displaced OTB bettors are paying off with higher ontrack handle and 2,434 new NYRA Rewards customers since December 8. On Saturday, the new Belmont Café took in a high point $137,889 in wagers from 325 players. “It just goes to show you that simple accommodations — a clean bathroom and a decent place to eat — can go a long way,” writes Jerry Bossert. There’s a still a significant shortfall in NYRA’s total handle, but the trend is positive.

So, the investigation into the l’affaire Life at Ten is ongoing, with the Office of the Inspector General in the Kentucky Transportation Cabinet being brought in “to have some independent review for certain aspects of it.” That’s KHRC executive director Lisa Underwood talking to Jennie Rees, who also reports that the KHRC has conducted 90 interviews regarding the Breeders’ Cup Distaff Ladies’ Classic fiasco. Ninety? Once this investigation concludes, how about another into what’s been a frustratingly opaque and slow process.

A New Year’s resolution particularly relevant to the above: “Protect the punter.”

Final handle numbers for 2010 were down 7.3% from 2009, to $11.4 billion from $12.3 billion. That’s the lowest annual total since 1995. “Obviously, we are losing bettors to other forms of gambling,” TRA executive vice president Chris Scherf tells Janet Patton. “We are in the midst of an unmanaged, market-driven contraction touching most aspects of the racing business.” Unmanaged is the key word, and nowhere is that more apparent right now that in the date dispute shaping up in southern Florida between Calder and Gulfstream. As for losing out to other games, sports bettors and poker players are pretty upfront about why they’re not paying much attention to racing.

Posted in Racing on January 10, 2011 / Tagged Blind Luck, Breeders' Cup, Handle, Kentucky, Life At Ten, NYC OTB, NYRA, The Factor, Workouts

Raises? Yes!

Are you kidding me? Of all the things to complain about when it comes to New York racing, NYRA giving 327 non-union employees average pay raises of 3% is pretty far down the list. In any other year or any other industry, such a raise would be a run-of-the-mill annual cost-of-living increase. But in New York, and at NYRA, it’s an outrage! It’s arrogance! Especially because NYC OTB just closed! The New York Post, which breathlessly reports that “top managers” are getting raises and fraudulently invokes the specter of a state bailout for NYRA, gives space to grandstanding politician Assembly Racing and Wagering Committee chairman Gary Pretlow to denounce NYRA as “bloated” and the raises as “an irresponsible act.” The Sarotogian headlines an editorial today, “Raises? Really?” and calls NYRA “tone deaf.” Nick Kling writes:

Non-union employees may get their additional money, but in the process NYRA has generated enough bad feeling to guarantee it will come back to bite the association when it wants something in the future.

That’s absurd. Here’s the thing: 3% — or even the average 5.5% given to 10 employees — isn’t that much money. NYRA president Charles Hayward, who defended the raises as the first given non-union workers since January 2008, told the Blood-Horse that the raises will cost NYRA approximately $600,000 in added payroll next year. That works out to around $1835 a year (or $153 a month, $35 a week) per employee, which raises the average salary of those workers from approximately $60,000 a year to around $62,000 a year. That’s $62,000 in one of the most expensive cities in the world, and at a time of great challenge to NYRA — with NYC OTB closing last week, and the Aqueduct racino opening in 2011, NYRA needs to retain its workers (and it really needs its workers to feel good about their jobs) if it’s not only going to survive what’s ahead, but come out thriving. Giving end-of-the-year raises to the rank-and-file is a strategic and morale-boosting move at a crucial moment in the organization’s history. Sorry, but there’s nothing outrageous about that.

Posted in Industry on December 14, 2010 / Tagged Irrational Outrage, New York, NYRA, Pay Raises, Political Grandstanding, State Politics, Workers

Little Money

New York City OTB was big, but it paid peanuts for simulcasting rights, and not just to NYRA (which gets about 50% more from out-of-state ADWs than it did from NYC OTB). In the Courier-Journal, Gregory Hall reports:

The New York City system wagered $9.6 million on Turfway Park races in 2009, resulting in $169,000 in revenues that were split between Turfway and its horsemen through purses, said Bob Elliston, president of the Florence, Ky. track. This year, with fewer Turfway racing dates, the total so far is just over $5 million, resulting in $87,000 in revenue split between Turfway and horsemen, he said.

That’s about 1.75 cents per dollar wagered. Turf Paradise had a slightly better deal, but NYC OTB still wasn’t adding much to the pot, reports DRF:

Vince Francia, the general manager of Turf Paradise, said on Friday that New York City OTB bettors had wagered $3.7 million on Turf’s signal since the track opened on Oct. 1, or about $77,000 a day. Because of New York City OTB’s bargaining power, Turf Paradise only kept 2 percent of that money as the simulcast fee, Francia said, for total revenue of $1,540 a day, an amount that was split with horsemen.

Yikes.

12/21/10 Addendum: New York breeders aren’t missing NYC OTB much either after two years of not receiving payments. “If you’re not getting anything it’s hard to feel like you’re losing something.”

Posted in Industry on December 12, 2010 / Tagged ADWs, New York, NYC OTB, NYRA, Simulcasting Pricing, Turf Paradise, Turfway Park