Quote:
Originally Posted by chickenhead
I know exactly what Rutgers is talking about, I dont know what you are talking about exactly.
The ADWs did not break this NY law, the law at question here. Those thresholds apply to NY franchise on track wagers specifically and explicitly. There is no set of thresholds in NY law that speak to out of state ADWs, or even in state ADWs, that I can tell.
The ADWs are required to do whatever their contract said, thats it. I've never heard it said about this that they didn't.
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I think you would have to follow the money. And, where the money ends up is not fully understood by me. I assume that all the money would go into a virtual pool. I would think that each ADW would pay the winners out of that pool and withdraw whatever % they were supposed to keep. The rest of that pool would be used to pay the taxes, horsemen & the host track. That would seem, to me, that NYRA would control the the bulk of the money. Once the mistake was discovered, I would think that NYRA would then reimburse the ADWs that did have a record as to who was owed the money. For all those simulcasting outlets that had no record, nobody could be reimbursed. So, in my convoluted way of thinking NYRA would have the excess. I hope this makes sense. My wife says nothing I say makes any sense at all.