tag:blogger.com,1999:blog-8711985.post5221970605184316250..comments2024-03-05T05:38:22.024-05:00Comments on Left at the Gate: Saratoga Harness Owners Look to Double the FunAlan Mannhttp://www.blogger.com/profile/12570505944559196118noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8711985.post-89970836289459283032014-04-23T13:11:04.202-04:002014-04-23T13:11:04.202-04:00Thanks kyle. I've read a bit about the dubiou...Thanks kyle. I've read a bit about the dubious legality of COTB's participation, need to bone up on the topic and will definitely be writing more on the E23 proposal. However, I'm sticking to my belief that it's already in the bag for Jimmy Feathers and Saratoga Casino & Raceway. Anonymoushttps://www.blogger.com/profile/06878368504418249260noreply@blogger.comtag:blogger.com,1999:blog-8711985.post-73467705570045978872014-04-23T11:12:47.786-04:002014-04-23T11:12:47.786-04:00One edit: Should read COTB has shown an inability ...One edit: Should read COTB has shown an inability to operate in the black. I believe as last reported their operating loss was greater than $800k. kylenoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-13493636514953676542014-04-23T11:07:56.095-04:002014-04-23T11:07:56.095-04:00I've appreciated your writing on this subject....I've appreciated your writing on this subject. And while plans of the Saratoga Racino group continue to be a story, E23 is by far the more interesting, multi-faceted, and to many like me more troubling development. Capital OTB's involvement alone makes for a huge story. Besides the propriety and questionable legality of that, we have an organization that can't operate in the red, wasn't able to run an online wagering platform, and continues to put tens of thousands of dollars into the hands of certain "handicappers" who have never demonstrated any ability to handle the assignment. A simple accounting of that folly would be very interesting This same entity is now trying to sell its casino plan with the most incredible promises of economic benefit. And they're using their tv station to propagandize. On Easter Sunday, as NY horseplayers languished in a prison COTB President John Signor can take more than a little credit for seeing to its completion, this public benefit corp. ran on a loop the fairy tale that is the presentation it is making to local communities. Beyond Capital's central role we have the Gillebrand connection - the money supposedly being offered for the land seems way beyond market value. Finally we have the location - right off an exit ( a set-up that seems sure to keep as little commerce as possible from escaping from this economic black hole as possible ) that as it currently exists can barely handle the on and off traffic it now gets, dumping into surface streets that would be overwhelmed by any significant increase in use. Finally, the ridiculous plan itself inclusive of the water park. Gamblers are gonna use the slide ? Their kids? Yeah, the family thing works good in conjunction with casino gambling, just ask Vegas. Anyway, thanks for the space to rant. Hope we'll see more from you about E23. kylenoreply@blogger.com