Equine Progressive

now we're getting somewhere

From Aqueduct to Albany

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There is news today that perhaps the horsemen have been heard, as the Thoroughbred Times reports that legislation has been introduced in New York to facilitate a transparent new process for approving a racino operator at Aqueduct.

It wasn't the cover. But it was something.

This is just days after the so-called Big A-6 managed to cancel the first race at Aqueduct, boycotting with their six entries, and brought together the racing community at neighboring Belmont for a rally calling upon Albany to stop stalling and give the horsemen what they had been promised: a racino, the chance at renewed purses and breeders’ incentives, the knowledge that the business was not bankrupt and the Thoroughbreds could go on running.

The latest twist in the long plot of the Video Lottery Terminals (VLT) that have been coming to an Aqueduct near you for nine years… and just why do the words Video Lottery Terminals seem so magical to members of the racing industry?

Because they’ve worked before.

As Jay Hovdey points out in his blog at the Daily Racing Form (may require free reg.), the racino is not the silver bullet, and in some locations, the hugely successful casinos are trying to shoulder out the horses or dogs that brought them there in the first place. But they are a start. And with the example of New York’s Standardbred industry –  racetracks like Yonkers offering gaming to those looking for quicker pay-outs than what they’d receive from studying the past performances, the track conditions, and the Beyer figures, not to mention the many successful Thoroughbred tracks in the country, from Delaware to Mountaineer Park – the way to saving New York Thoroughbred racing seems clear enough.

And by and large, governments are turning to VLTs and racinos to save themselves from the huge budget shortfalls of the Great Recession. Just today, the New Hampshire Senate passed a bill allowing video lottery in six locations – including three racetracks – with the goal of earning enough to restore cut social services.

The possibility of not just saving the horsemen and the communities around them, but actually making back the money necessary to close New York’s budget gap, rescue NYRA’s signature tracks and races (the Belmont Stakes among them), and creating hundreds of additional jobs in New York City, ought to be too much for the legislators in Albany to turn down. If they can just stand to do something without giving all the deals to their friends, as in the case of the Aqueduct Entertainment Group.

Sen. Marty Golden, (R-Brooklyn) has proposed an open plan to allow an accounting firm to review bids and make a recommendation, and requires the state to review the recommendation publicly within ten days, making a final decision within fifteen days of the public hearing.

Yes, that’s allowing 25 days, assuming the legislation gets through, and bids are made in a timely manner. Fairly speedy, for government. Especially a government that has spent nine years doing – what, exactly? Nine years, nine foal crops, nine summers at Saratoga, a generation of children from kindergarten to high school – nine years of uncertainty for thousands of people in and around the racing business.

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One Response

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  1. Well done! If only KY would see the light of the VLTs!

    Barb Fulbright

    March 25, 2010 at 3:47 am


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