NYRA Seems to be in Trouble Again 

The New York Racing Association was given another chance to get themselves together – and still it looks as though they can’t. The NYRA says that they are running out of money again, which is only causing worry among government officials in the state. The governor had given them a chance to redeem themselves when they came to them asking to be able to continue running the franchise. But that was six months ago and now they are saying that they are in trouble again. 

They say that there is a good chance that they might have to cancel the Belmont racing season as well as the final part of the Triple Crown. They also said that the Saratoga meet over summer might have to be cancelled too. The NYRA has not been turning over their financial records, but finally did due to a subpoena from Comptroller Thomas DiNapoli. 

The NYRA says that the slot machines that have been promised them for several years now have to come to fruition or they will not be able to continue the way things are. They say that they need the slot machine revenue to continue as the bills are just too much and they can’t handle it on their own. 

But the franchise for the slot machines themselves has not been awarded yet – which means that they are going to have to wait a while longer. Some want to know what good the slot machines are going to do them, since they obviously can’t keep themselves solvent. They think that adding slot machine revenue to the mix is only going to confuse the matter.