From the Daily News:The agency that runs the state's major thoroughbred racetracks says it will close them down on June 9 unless lawmakers agree to a bailout.
The New York Racing Association, which operates the Belmont, Aqueduct and Saratoga tracks, made the announcement Friday after sending out layoff notices to its 1,400 employees.
The financially beleaguered NYRA said it would "begin the implementation of plant closures" at the tracks on June 9 - three days after the prestigious Belmont Stakes.
"NYRA continues to pursue solutions with the state of New York that may avert the cessation of operations," NYRA said in its statement.
The Belmont meet is scheduled to end on July 18. The storied Saratoga season runs from July 23 through Sept. 6.
UPDATE: Crisis averted!
7 comments:
NYS has sunk to new lows.........
The state will bail them all out, and save the day, just like they do every month with OTB.
WOW is the economy so bad that people don't have enough money to gamble on horsies?
I am sooooo lucky to have my less then minimum wage "intern" job and a roof over my head.
Great - close them down! It's just sanctioned animal abuse with absolutely no redeeming qualities!
I agreed with flooshing rezident. No bailout for OTB. If the state won't bail out hospitals such as St. Vincent then it has no business bailing out OTB.
ONLY in NY can they figure out how to lose monry being the house on gambling
WTH????? SAVE OTB, close senior houses, firehouses and lay off teachers. where is our priorities????
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