New York State Sen. Zellnor Myrie (D-Brooklyn) and Assemblywoman Linda Rosenthal (D-Manhattan) have introduced new legislation to divert $230 million in slots funds away from horse racing to schools and human services, reports the Times-Union. The bill would eliminate the direct payments to New York racetracks as well as to breeders.
“The state has been propping up this industry for decades and there is no reason for that to continue, especially when we need the money the state has been giving to the industry,” Rosenthal told the Times-Union.
“NYRA (the New York Racing Association) will vigorously oppose this legislation in order to protect jobs for working families, preserve the horse racing economy and ensure the sport's success now and in the future,” countered NYRA spokesman Patrick McKenna. “Racing support payments are not subsidies. The payments from [slot machine] revenues are made to the Thoroughbred industry in part because NYRA transferred land and other intellectual property to the state in 2008, and has acted as the steward of the properties in the years since.”
Read more at the Times-Union.
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