The Biz

REVERSAL FOR NYRA? SEEKS TRUCE WITH COMPTROLLER

In what is a smart move by NYRA, the New York organization will announce their decision to allow Comptroller Thomas DiNapoli to audit their books. According to the Times-Union, officials familiar with talks over the past two days said NYRA is easing its stance, and will at least provide documnetation sought in the subpoenas, if […]

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‘A SAD NIGHT FOR MD RACING’

After last night’s Arundel County council meeting, slot machines have been approved at the Arundel Mills mall. With many voters feeling hoodwinked and the racing industry understandably upset, Tom Chuckas, president of the Maryland Jockey Club, called this ‘a sad night for Maryland racing’. But Chuckas is not giving up, joining forces with Stop […]

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OPINION: SLOTS AT THE MALL WON’T HURT HORSE RACING; PETITION TO STOP THEM MIGHT

According to the the Baltimore Sun’s editorial board, fighting to have slots at Laurel Park over the current proposed site at Arundel Mills mall would actually be bad for racing. They claim that with 4,750 machines and potentially $100 million a year in revenue for Maryland’s racetracks, ‘the Arundel Mills proposal stands to pour a […]

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BEYER: FROM THE STANDPOINT OF ANY RATIONAL BUSINESSMAN, OWNING LAUREL WOULDN’T MAKE MUCH ECONOMIC SENSE

Joining the fray by painting a dark and morbid picture of the Laurel Park situation, legendary turf writer Andy Beyer points out what not having slots will do to racing at one of Maryland’s historic tracks. Stating that “Laurel desperately needed slots because its horse racing business is no longer viable”, Beyer lays out the […]

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BUMMER MAN

After hopeful aspirations, eight-year-old Lava Man’s return to racing was anything but what trainer Doug O’Neill wanted to see as the popular California gelding faded to last in the San Gabriel. For the entire article, click here and then come back to the Paulick Report and let us know what you think. – Bradford Cummings

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DISAGREEMENT AT THE BALTIMORE SUN

Baltimore Sun TV blogger David Zurawik compares those politicians that have okayed slots at Arundel Mills to Bob Irsay, the much-maligned former owner of the Baltimore Colts who moved the team to Indianapolis without warning. Click here for the short but emotional response to the recent happenings in Maryland and then come back and […]

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NYRA’S FINANCIAL RECORDS SUBPOENAED BY NY COMPTROLLER

Today, NY comptroller Thomas DiNapoli subpoenaed financial records from NYRA after the organization said there may not be enough money left to run the Belmont Stakes in 2010. Clearly suspicious, DiNapoli said “Less than six months ago, NYRA said it was financially stable. Now, NYRA says without VLT money it may not be able […]

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MIDLANTIC COOPERATIVE TAKES ON TRACKNET STATEMENT

Press Release     MidAtlantic Cooperative, L.L.C., a purchasing cooperative representing 17 racetracks, has engaged in good faith negotiations with TrackNet Media, LLC commencing in August 2009.   At that time, TrackNet presented its proposal which included an unprecedented increase in host fee rates – rates higher than paid by other racetracks and other simulcast outlets […]

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NOTHING TO SEE HERE…

NYRA President Charles Hayward, claiming that the state Court of Appeals has made his group exempt from audits, will fight Comptroller DiNapoli’s subpoena issued yesterday. DiNapoli, citing their unwillingness to open their books, claims “it is the same old NYRA in new sheep’s clothing trying to shortchange taxpayers again.” Click here for the […]

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