Nyra - Pace and Cap

SilentRun · 05-22-2010, 09:04 AM

To digress a bit from handicapping....I recently read that NYRA is bankrupt
and they plan to close down Belmont after the meet. A few years ago they
surrendered the ownership of their 3 tracks (Belmont, Saratoga and Aqueduct)
to the state which worsened their financial situation. New York State is in a
huge financial meltdown and now racing is being impacted.
Since New York State is having big troubles managing their financial house
how could you then expect the inexperienced politicians to manage racing ?

I hope that Saratoga will not be impacted but the way events are unfolding
you never know.

Ernie

fasteddy · 05-24-2010, 05:55 PM

Governor Paterson has sponsored a bill that would loan NYRA between 15 & 25 million to run the entire Belmont and Saratoga meets. There is talk to cancel the Saratoga meet if the bill doesn't pass. Hopefully they get their ducks in a row soon.

SilentRun · 05-24-2010, 08:30 PM

Quote:

Originally Posted by fasteddy

Governor Paterson has sponsored a bill that would loan NYRA between 15 & 25 million to run the entire Belmont and Saratoga meets. There is talk to cancel the Saratoga meet if the bill doesn't pass. Hopefully they get their ducks in a row soon.

Thanks for the update. There was a great film called "The Hustler" starring Paul
Newman way back in 1961. He was known as "Fasteddy" in the film.
Just curious, did you take the name from the film ?
Anyway I see you have been a member for 4 years and you are just now
coming out of the closet to post....Good For You.

Ernie

fasteddy · 05-25-2010, 03:46 AM

Quote:

Originally Posted by SilentRun

Thanks for the update. There was a great film called "The Hustler" starring Paul
Newman way back in 1961. He was known as "Fasteddy" in the film.
Just curious, did you take the name from the film ?
Anyway I see you have been a member for 4 years and you are just now
coming out of the closet to post....Good For You.

Ernie

Ernie, the username does come from the film and also play the game well in my local area and am referred to by that nickname all the time, lol.

Main reason for not posting much is limits on my time here. Time still limited but will be as active as time allows.

Ed.

fasteddy · 05-25-2010, 12:37 PM

New Yorks state legislator passed the bill late on Monday. Gives NYRA the funds to operate through the rest of the year. Hopefully more good news for the future.

05-22-2010, 09:04 AM	#1
SilentRun Grade 1 Aspiree Join Date: May 2009 Posts: 678	Nyra To digress a bit from handicapping....I recently read that NYRA is bankrupt and they plan to close down Belmont after the meet. A few years ago they surrendered the ownership of their 3 tracks (Belmont, Saratoga and Aqueduct) to the state which worsened their financial situation. New York State is in a huge financial meltdown and now racing is being impacted. Since New York State is having big troubles managing their financial house how could you then expect the inexperienced politicians to manage racing ? I hope that Saratoga will not be impacted but the way events are unfolding you never know. Ernie

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05-24-2010, 05:55 PM	#2
fasteddy AlwNW2X Join Date: May 2006 Location: Mt. Vernon, WA Posts: 27	Governor Paterson has sponsored a bill that would loan NYRA between 15 & 25 million to run the entire Belmont and Saratoga meets. There is talk to cancel the Saratoga meet if the bill doesn't pass. Hopefully they get their ducks in a row soon.

05-25-2010, 12:37 PM	#5
fasteddy AlwNW2X Join Date: May 2006 Location: Mt. Vernon, WA Posts: 27	New Yorks state legislator passed the bill late on Monday. Gives NYRA the funds to operate through the rest of the year. Hopefully more good news for the future.