A week after the New York Gaming Commission announced that it had received six bids with the goal of offering mobile sports betting in the state, Meadowlands Racetrack operator Jeff Gural remained in an ornery mood this week at the Racing and Gaming Conference held at Saratoga Springs, N.Y.
“I’m being nice — I won’t be so nice later,” Gural said on Tuesday morning during a Q&A portion of one conference panel, as he warned two elected officials that if the process fails, “You’ll have everybody laughing at you.”
And as part of the last panel of the two-day event at the iconic racetrack, Gural showed he was not joking.
As owner of two upstate New York harness racing tracks — Tioga Downs and Vernon Downs — Gural has reason to have mixed feelings about New York’s plan for a mobile betting tax rate of at least 50%.
The more inefficient a formula that plays out in New York, the more likely it is that the FanDuel Sportsbook at this Meadowlands site — the highest-grossing such book in the country — suffers minimal harm. But for the 79-year-old New York and New Jersey real estate mogul, putting forward what he sees as a poor business model seems to offend Gural most of all.
Asked for his overall opinion of the New York plan, Gural groused, “I don’t think they got anything right. They got..
Click here for more on the NY Sports Betting Process at www.njonlinegambling.com
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