- It's a work/travel day today, as the Head Chef is taking us to a spa/hotel out in Montauk in celebration of my birthday tomorrow (don't ask how old please). It's also right around the 3rd birthday of Left at the Gate, so thanks a zillion again for your support and readership.
So, no time to post today, but just a quickie... The NY Thoroughbred Horsemen's Association issued a statement asking for a higher cut of VLT revenues than the 6.5% maximum payout specified in the MOU. And again, as with the jockeys, I ask why they waited until now?
The original agreement concerning distribution of VLT revenues called for 7.5 percent to go to purses initially, rising to 10 percent after five years..I'll try to check in with more over the weekend. In the meantime, have yourself a great weekend, good luck at the windows, and I'll speak to you later.
"[The 6.5%] would be disastrous," NYTHA said, and "could ultimately threaten New York's preeminence in racing . . . and force horsemen to consider relocating to other states."
By comparison, the percentage of casino revenue allocated for purses in other states includes 18 percent in Pennsylvania, 11.1 in Delaware, 10 in West Virginia and 8.25 in Florida. [NY Post]