Charlie Haywood, the President of NYRA, has said that his organization
will run out of cash by the end of November. Last year the New York Racing
Association lost over $15 million last year and $22 million in 2003.
TCBets.com , the largest racebook in the world, is offering $250 million for
the right to run racing in New York State. David Banks, CEO, explains. "It
is inconceivable that NYRA has lost money for the last couple of years. The
situation is so desperate that NYRA is considering selling some of its
paintings that it received as gifts from horse owners." Banks feels that the
time has come for the NYRA to step aside and give the franchise to
TCBets.com . "It is a shame what has happened to horse racing in New York
over the past year. There have been race fix allegations, indictments of key
personnel, no bid contracts, and more. Even the waiters have been accused of
shaking down restaurant patrons." New York Senate Majority Leader Joseph
Bruno is calling for a new franchisee within six months. Banks feels that
TCBets.com should be awarded the franchise. "We have $250 million in place
to make this deal happen. Racing in New York would immediately get better.
Changes would be made regarding wagering.TCBets.com has the management to
provide the racetrack patron with a much more positive experience than he is
currently receiving. Slots would be in place at Aqueduct within sixty days.
Concessions would improve. We look forward to working with New York City
Councilman Tony Avella who is interested in bringing sports betting to New
York."
Banks said that the timing of this offer was meant to coincide with the
Breeders' Cup, which will be held at Belmont Park on Saturday October 29th.
If horse racing fans are interested in opening an account with TCBets.com to
play the Breeders' Cup they are offering new customers $125 free to try
their horse wagering service. Mr. Banks finished by saying "The eyes of the
world are on Belmont. Let's hope that the Breeders' Cup isn't tainted by the
current NYRA scandals."
For more information contact Victoria Taylor at 866-766-9238 x 3006
will run out of cash by the end of November. Last year the New York Racing
Association lost over $15 million last year and $22 million in 2003.
TCBets.com , the largest racebook in the world, is offering $250 million for
the right to run racing in New York State. David Banks, CEO, explains. "It
is inconceivable that NYRA has lost money for the last couple of years. The
situation is so desperate that NYRA is considering selling some of its
paintings that it received as gifts from horse owners." Banks feels that the
time has come for the NYRA to step aside and give the franchise to
TCBets.com . "It is a shame what has happened to horse racing in New York
over the past year. There have been race fix allegations, indictments of key
personnel, no bid contracts, and more. Even the waiters have been accused of
shaking down restaurant patrons." New York Senate Majority Leader Joseph
Bruno is calling for a new franchisee within six months. Banks feels that
TCBets.com should be awarded the franchise. "We have $250 million in place
to make this deal happen. Racing in New York would immediately get better.
Changes would be made regarding wagering.TCBets.com has the management to
provide the racetrack patron with a much more positive experience than he is
currently receiving. Slots would be in place at Aqueduct within sixty days.
Concessions would improve. We look forward to working with New York City
Councilman Tony Avella who is interested in bringing sports betting to New
York."
Banks said that the timing of this offer was meant to coincide with the
Breeders' Cup, which will be held at Belmont Park on Saturday October 29th.
If horse racing fans are interested in opening an account with TCBets.com to
play the Breeders' Cup they are offering new customers $125 free to try
their horse wagering service. Mr. Banks finished by saying "The eyes of the
world are on Belmont. Let's hope that the Breeders' Cup isn't tainted by the
current NYRA scandals."
For more information contact Victoria Taylor at 866-766-9238 x 3006
