THE FUTURE OF THOROUGHBRED RACING IN NEW YORK STATE

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With the expiration of the New York Racing Association�s (NYRA) contract rapidly approaching, there have been concerns expressed by many regarding the future of racing in New York State.

First and foremost, let me be clear with regards to my position: as a state senator who has proudly represented Saratoga for over 30 years, I understand first-hand how important it is that we maintain the integrity and character that has made Saratoga a destination point for racing enthusiasts and tourists alike. That is why it is imperative that we create a racing model that includes new ideas rather then relying on the failed practices of the past.

In recent weeks, the Senate�s Racing, Gaming and Wagering Committee held public hearings in response to the governor�s decision to extend NYRA�s franchise for an additional 30 years. The governor's handling of the process to select a new horse racing franchise had several false starts and his final decision left many more questions than answers. By choosing to circumvent the legislature in this process, he missed an opportunity to formulate a solution in a bipartisan manner.   

As a result of our public hearings, the Senate formulated and proposed creating a public-private partnership that integrated various components of plans submitted that would greatly enhance the value of the state racing franchise.

This plan seeks to contract with bidders who have demonstrated excellence in all aspects of racing and gaming, including VLTs, backstretch improvement, simulcasting, marketing and promotion. It also recognizes that local governments have an interest in a strengthened racing model, seeking to maximize input from local communities while guaranteeing that all future property taxes for the race courses will be paid to local governments.

It is readily apparent that to allow the franchise to expire without a solid, creative plan for the future is not in the best interests of Saratoga, the 40,000 workers employed by the thoroughbred industry or the state. Recent studies have determined that thoroughbred racing at Saratoga alone generates in excess of $186 million in support of the capital region economies.    

Although the Senate plan would change the current system to incorporate components of plans submitted by other bidders, it will not seek to change the unique historical qualities of the Saratoga racecourse. There is a reason why tens of thousands of people flock to Saratoga each year and we should do all that we can to guarantee that Saratoga retains its special place in the world of horseracing.

It is important to recognize the Senate plan also advocates for what all interested groups have called for, and that is to provide transparency and accountability in the oversight and maintenance of these facilities. With increased efficiency comes increased revenue, which will go a long ways to supporting local governments, increasing aid to education and promoting growth of New York�s agriculture and thoroughbred breeding industries.   

What is needed at this time is leadership and an appreciation for working with others so that thoroughbred racing becomes the successful entity it deserves to be. We still have time and I remain hopeful that an agreement can be reached that will be in the best interests for all parties involved. Please be assured that Saratoga will remain the premiere racing destination in the world.

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