JC / Railbird

Racinos

The Gaming Trade

Bill Finley on the approaching end of slots-supported racing:

… now things are starting to change. Where will the sport be when the slots money starts to go away? Whatever the answer is, it’s not a good one.

NYRA president Charlie Hayward speaking in support of full-fledged casinos:

“The racing industry will get 16 percent of the racino’s net earnings,” Hayward said. “We can take a little bit of pain in terms of reduced handle.”

In Hayward’s favor, NYRA numbers are strong post-NYC OTB.

Posted in Industry on February 8, 2011 / Tagged Expanded Gaming, Handle, New York, NYC OTB, NYRA, Racinos, Slots

Tough Times Ahead

As if there were doubt that the aftermath of the recent hard-fought Kentucky slots battle would be rough, turf writer Lenny Shulman fires away at state senator Damon Thayer, who works in the industry but kept quiet through the debate: “If there is any justice, the next job that will be lost because of you and your buddies, will be yours.”

Posted in Industry on July 1, 2009 / Tagged Kentucky, Racinos, Slots, State Politics