The top two executives at the non-profit New York Racing Association, which operates New York’s three state-owned horse tracks, were fired last week amid allegations they knew the company was collecting more than the legal amount of so-called takeout on certain bets, costing winning bettors an estimated $8.5 million dollars.
The firings have called into question the idea of gambling and gaming in general, as Governor Andrew Cuomo calls for a constitutional amendment to allow Las Vegas style casinos in the state.
Host Alan Chartock is joined by James Odato, who covers New York state government for the Albany Times Union and writes an influential weekly column. They discuss the New York Racing Association’s latest scandal and the prospects for casino gambling.
The New York Racing Association has placed its top executive on unpaid administrative leave pending a state investigation into $8.5 million in winnings that weren't paid out to bettors on horse races. WAMC’s Ian Pickus reports…
The state Racing and Wagering Board's interim report on the unpaid winnings was released Monday and was highly critical of NYRA's top management.