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Tuesday, April 03, 2007

[slots]

- The four bidders for the NY franchise have officially submitted their bids in advance of the public hearing on April 10-11 in Albany. At the same time, Excelsior's Richard Fields (who I guess now is Excelsior), has purchased a majority interest in Suffolk Downs. He spoke about his plans for the track in a press release; but I've edited (in bold type) his statement to show what he really means:

“I am excited about my investment in Suffolk Downs and about the future of [slots],” Fields said in a news release. “Over the next few months, our team will be pursuing [slots] that allows us to integrate the horseracing that has long defined Suffolk Downs with [slots]. I am excited about bringing our experience and passion for [slots] to [slots] at Suffolk Downs.” [Thoroughbred Times]

6 Comments:

Mike said...

Man I hate slots.

Case said...

Frank Stronach's Magna International is looking to buy Chrysler from Daimler-Benz. Isn't this the same guy who had to sell his harness track outside of Pittsburgh that had slots due to the need of some liquid cash?

Anonymous said...

magna intl is a different company than magna entertainment. it is the parent of mec.

AJ said...

Racing with slots is better than no racing and no slots.

Green Mtn Punter said...

The NY franchise race is turning out to be more thrilling than the Breeders Cup what with Steve Wynn being scratched in the paddock and Excelsior, on the lead, suddenly pulling up as the field enters the stretch. Who is the favorite now? Now that spring has finally arrived, despite the foot of snow due tonight in the Green Mtn State, I get the feeling that everybody just wants to get this over with, the sooner the better, and the emerging attitude seems to be "Relax! It's a no brainer", the NY racing franchise will be successful no matter who is at the helm because of all the easy VLT cash flowing into the coffers?

Green Mtn Punter said...

Alan, have you seen Ben Liebman's "The State of Racing- Nobody Knows Nothing Edition"? Posted on his website- informative insider stuff about the current state of affairs including NYRA and NY franchise race. I had trouble getting this report off the website but Ben sent me a better link and I have sent it along.