NYRA to Lower Takeout to 13%!

[Whirlaway]

Exotics get a half point cut. Go NYRA!

[cj]

That's great news for a regular NYRA player!

[GR1@HTR]

Excellent...I Love NEW YORK!

[Zaf]

Thats great. Going in the right direction. Would like to see that WPS takeout down to 10 %.

ZAFONIC

[GameTheory]

I hope all of you NY residents are writing to your elected officials praising NYRA and damning Spitzer...

[Rico8812]

Great move by NYRA. The best part is the OTB's will be crying that this will hurt their profits. They don't care 1 iota about their patrons, just their cut loot.

I sometimes wonder the intellegence of the racing fans that bash NYRA. No one can honestly say that cdi or magna could run those 3 tracks better, keeping both the horsemen and fans best interests in mind at all times.

[so.cal.fan]

I am really happy for you New York players.
Please support this. If you are any good at all, you can beat the races with a 13% take. "TAKE" advantage of this you NY folks.
Good luck to you all, and good luck to NYRA. It is actions like this that will keep horse racing from dying.

[Bubbles]

Gotta love it, especially with Saratoga just over a month away. You gotta respect NYRA for their timing.

[Suff]

Good news. I have to believe its tied to the slot machine agreement they got.

4500 slot machines ready to go at the BIG A by the end of the summer. You'd have to have been to Mohegan Sun and/or Foxwoods to totally undertsand how this will affect NYRA's takeout and handle.

At either casino, on a Friday and Satruday night they are three and four deep to play the slots. Foxwoods has 7000 slots. I'm not exagerating. You cannot get a slot machine at Foxwoods or Mohegan on a saturday. When I say 3 and 4 deep to get a machine. Its 3 or 4 deep. at Foxwoods 1/2 the crowd is Boston the other half is NYC people. Mohegan is 70% NYC people.

I'd love to see the revenue forecast for these machines. Maybe the vegas guys have an idea what the per machine gross and net might be.