Breaking Fake News Update (v26)

 Fake News Broke on November 16, 2025!

I have to say, no one is more shocked than I am, seeing two consecutive breaking fake news reports related to professional sports! Last week, it was the NFL's Dynamic Kickoff, and today, it's the NBA All-Star Game? Who had that on their bingo cards for 2025? 

The NBA, for unknown reasons, has decided to totally revamp the format for its mid-season celebration, which will be played during the same time as the Winter Olympics. I'm guessing that might be one reason for the change to the 'USA against the World' team alignment, outlined in the bulletin above. 

I understand from my fake news sources that, if two or more teams end up with the same record after the seven rounds, a draft of the tie-breaker indicates that bonus points will be awarded to the team with the most Americans, but they haven't seen the final plan.

In a 'we thought of everything' move, the league has even devised a way to make sure they can field the teams they want if the voters don't pick enough of the right players. After all, it would be horrible if folks did a little too much America First-ing when they voted. 

If NBA All-Star voting does not result in the selection of 16 U.S. players and eight international players (which can include American players with ties to other countries if necessary), then NBA Commissioner Adam Silver will select additional All-Stars to join either group to reach that minimum.  In that case, at least one team would have more than eight players.

One would hope that they'd do a whole lot of  'splaining on the new process so that they won't have to resort to the backup plan - especially now that there are four fake teams in the mix. And one would hope that the league's betting partners are well-versed on all of the changes so they can adjust their plans accordingly, too.

As always, if fake news is breaking, I've got you covered. And if you have a fake news tip for me, let me know!

Breaking Fake News Update (v23)

 Fake News Broke on October 9, 2025!

You heard it here first, folks: we've got more breaking fake news! 

If you've been paying attention, or even if you've been trying *not* to pay attention, it's hard to ignore the uproar over the NFL choosing Bad Bunny to headline the Super Bowl halftime show next year. Other than complaining about the officiating, particularly the entire team of refs being on the side of Patrick Mahomes and the Chiefs, it's been a long time since the NFL was the focus of this much attention. 

Oh sure, folks are up in arms about the league's push to 'internationalize' what we call football - it's hard for some to have wings and beers for breakfast on a Sunday morning, after all - and about the 'sissification' of the league (especially kickoffs!!!) and the new 'safety' penalties that take all the joy out of the game according to he-men warrior-athletes like the FOTUS. 

House Speaker MAGA Mike Johnson (R-Ighteous Indignation) is the first person I saw who floated Lee Greenwood as an alternative to the Puerto Rican rapper, but I'm sure his name has been mentioned in MAGA circles quite a bit. Here's what Johnson had to say about the official choice, and his preference, starting with Bunny. 

Well, it sounds like he's not someone who appeals to a broader audience. And I think there's so many eyes on the Super Bowl. A lot of young, impressionable children. And I think, in my view, you would have Lee Greenwood or role models, doing that. Not somebody like this. 

Um, audience appeal? Really, Missing Speaker? Take a look at these stats for Bad Bunny: 

And what does Greenwood think about all of this? Here's what the NY Post reports:

I agree with Speaker Johnson. I would make a great performer for any Super Bowl show.

It's good that Greenwood said he'd take up the white right patriotic fight, but I have to wonder about some of his (very obviously) fake terms for performing. I mean, seriously? ICE agents arresting anyone who doesn't stand for the anthem??  If I were a betting kinda gal, I'd keep my money on the Bunny.

As always, if there's fake news, we'll break it for you!

In Case You Missed it (v119)

Here's your recap of last week's posts, in case you missed anything.  

As usual, we started the week in the Sunday School classrooms, where I focused on immigration. Here's a bit of Margaret Brennan's conversation with Sen. Jim Lankford (R-OK), who helped negotiate the immigration bill we heard so much about last week. 

Lankford said they've been working on the bill for "about four months" and they're trying to get it wrapped up so they can get into people's hands and put false rumors to bed.

So people want to be able to just see it, read it and go through it, and to be able to see the dramatic change that this really makes in how we handle our immigration system and how we work to be able to secure our border completely. That's been the simple request of Americans, whether you're Republican, Democrat, or Independent. People just want a secure border, where we have legal immigration, but we're not promoting illegal immigration. And that's what we've seen in the last three years.

He said some of the language is similar to our pandemic-era Title 42, which allowed the border to be closed when we couldn't process the number of people who were crossing. Right now, he said, when we can't process them, they're just being released into the country.

That's what's driving the mayors in Denver, in Chicago, in New York City, and other places around the country crazy to say, when the border gets crowded, you just release them to our cities, and it causes all the chaos... 

It was interesting that Lankford mentioned some of the country's mayors; so did Bakari Sellers. Here's a highlight in this snip from your Extra Credit.

He chastised the Ds who "have refused to pay attention to immigration and crime in this country, saying it really didn't exist, it wasn't a problem." What's needed now is the folks who have complained,

we need our good mayors, like Frank Scott from Little Rock, like Chokwe from Jackson, Mississippi, we need Randall Woodfin from Birmingham, Alabama, and we even need mayors who don't know what they're doing, like Eric Adams in New York City, to now simply stand up for this piece of legislation and say, 'this is what we need done.'

This has to be the messaging and the messengers who can get this done for the country. This is not a problem that you kick down the road... This is something you fix right now. This is a problem. Fix it.

That sure beats merely complaining about the other side, doesn't it?

Lankford was mentioned again in a Sidebar post, in which we learned that he had been censured by Oklahoma's State Republican Party... at least, that's what it looked like in the beginning. Here's a snip.

According to the censure resolution, 

Senator Lankford playing fast and loose with Democrats on our border policy not only disenfranchises legal immigrants seeking citizenship but it also puts the safety and security of Americans in great danger. 

I'm not sure he's "playing fast and loose" with the Dems; I mean, leading the bipartisan negotiations doesn't sound like he was behaving in a clever and dishonest way with them, does it? 

After news of the censure broke, things started to unravel for what we all thought was the OKGOP.

Interestingly, there are complaints that the Committee's vote to censure Lankford may not have been legitimate, as some members with voting rights weren't invited to the meeting. 

More interestingly, or perhaps comically is the better word, the OKGOP released a new statement today:

The meeting held by certain Republicans on January 27th was an illegitimate meeting. Proper notice was not provided to all members of the State Committee meeting. None of the actions done at the meeting are the official position of the OKGOP and the media is advised to refrain from reporting or suggesting that this was an official action of the 'OKGOP' or 'Oklahoma Republican party' regarding the motions, resolutions, or procedures done at this illegitimate meeting.

Someone's got some 'splaining to do.

Three immigration-related posts in three days - and by then, I was more than ready for some Wondering on Wednesday. I won't lie - the Lankford censure popped up there, too, as did the Florida legislature. That group seems a bit unsettled by what's happening on the book-banning front.

Most of us are aware of the penchant for book banning in Florida. This article by Judd Legum reminds us that the whole mess started when the Rs in FLA attacked alleged "grooming" by school librarians pushing "pornographic" materials in their bookshelves.

Florida's Republican legislature passed — and Ron DeSantis signed — several pieces of legislation that made it easier to take books off the shelves of the state's public schools. This was all seen as smart politics, appealing to parents seeking to protect their children from inappropriate content.

Some of the Rs are getting tired of taking the heat for the ridiculous bans; even noted conservative Bill O'Reilly's books were pulled from the shelves. Legislation is moving along that would "make it more difficult for people to challenge books en masse." That's happened in at least one Florida county, where every book in the library was pulled for review. Legum says the legislation

is an implicit acknowledgment that book banning in Florida schools has gone too far. It also suggests that the enormous number of books being taken off the shelves of Florida schools has become a political problem for Florida Republicans. 

Check the post to see what had me scratching my head on these topics, and a few others.  

I wrapped the week with a Meanwhile, Back in Albany entry on one of my favorite subjects, NY politicians and their gambling revenue addiction. 

And now, it's online casino gaming; here's some info from a Spectrum News report from October 2023.

Lawmakers are working to amend legislation to legalize a new form of online gambling in the state officials say could bring upwards of $1 billion in revenue to New York and help close budget gaps expected over the next few years...

In addition to the revenue, it's flat-out altruistic, too, especially for the New Yorkers who are forced to do their online gambling on apps registered in other states.

We can't help someone with an addiction because we don't know who they are, and once we regulate it in New York, iGaming, we then can help those that might be in need are on their pathway to addiction. We'll put in statutory language in this bill to address that.

Now that the Legislature is back in session, we can see what's up for discussion.

The bill would allow for mobile or online betting on various types of interactive gaming, referred to as iGaming, and iLottery. I'm pretty sure those names are not affiliated with the giant fruit vendor known for selling all the other iThings, or with iCarly, an old Nickelodeon TV show, but there's a chance we could see some kind of copyright lawsuit, right? What are the odds?  

There's a lot in the proposed bill to get riled up about, and I can assure you, riled I was.  

And just like that, you're up to date. Stay tuned for this week's posts - regular features, and more.

Meanwhile, Back in Albany (v47)

Here we go again, New York. 

We're losing gambling money to neighboring states, dammit, and we're not going to take it anymore!

First, there was the casino money we were hemorrhaging to neighboring states.

Then, it was sports betting at our casinos, something we needed, you know, to fund things like education and gambling addiction treatment, and to stop bleeding money to neighboring states. And to help our underperforming casinos, which were not generating nearly the revenue we expected. 

Then it was mobile sports betting, because, you know, funding education, even more gambling addiction treatment, and buying tourniquets to stop the blood loss from all that hemorrhaging we've been doing are important governmental functions, as is helping casinos addict more gamblers.

And now, it's online casino gaming; here's some info from a Spectrum News report from October 2023.

Lawmakers are working to amend legislation to legalize a new form of online gambling in the state officials say could bring upwards of $1 billion in revenue to New York and help close budget gaps expected over the next few years.

Why? Well, we're addicted to the money gambling brings in, of course, and the success of mobile sports betting can't be ignored. It's

spurring discussion to permit online casino gaming — also known as iGaming — in the state, allowing games like blackjack, roulette and others to be played from a mobile device.

And, of course, because of those darn neighboring states that already allow it. After all, as Sen. Joseph Addabbo, chair of the Senate's Addiction Funding Committee (sorry - the Racing, Gaming, & Wagering Committee), says

Other states surrounding us are doing it. We can do this. I think it's the conversation we have to have dictated by the poor fiscal situation we're going to be in next year.

In addition to the revenue, it's flat-out altruistic, too, especially for the New Yorkers who are forced to do their online gambling on apps registered in other states.

We can't help someone with an addiction because we don't know who they are, and once we regulate it in New York, iGaming, we then can help those that might be in need are on their pathway to addiction. We'll put in statutory language in this bill to address that.

Fast forward to January 2024, and the legislation is being worked on in earnest. According to Addabbo 

It's a good bill. We got a lot of input from a lot of individuals, but it's a starting point. It's a starting point where I'm hoping that we can have these kinds of discussions during the budget process.

The bill would allow for mobile or online betting on various types of interactive gaming, referred to as iGaming, and iLottery. I'm pretty sure those names are not affiliated with the giant fruit vendor known for selling all the other iThings, or with iCarly, an old Nickelodeon TV show, but there's a chance we could see some kind of copyright lawsuit, right? What are the odds? 

As proposed, the licensing fees for the iStuff would be a cool $2M, and revenues would be taxed at 30.5%, which could generate a billion dollars annually. And, of course, we're hemorrhaging that money to PA and NJ now. Once we get that back, we'll be in good shape, Addabbo thinks.

We need to look at the outyears, 2025, 2026, where according to the state comptroller the fiscal situation only gets worse, then we do need to figure out a sustainable plan both short-term and long-term and that is iGaming and iLottery.

And what about those problem gamblers? There's $11M in annual funding for "addiction services and supports." I'm not sure if that money is dedicated solely to gambling addicts, or if it covers all other causes of addiction as well. But we do need to act with urgency, it seems.

If we're serious about helping people with a gaming problem, knowing that they're doing iGaming anyway in New York, they're just doing it illegally, then you try to do it this year because that will actually help the New Yorker who is already participating in iGaming.

But wait - there's more! Progressive more!

To ensure "existing union casino employees" aren't threatened by the new option, there's a "a fund of at least $25M annually" towards training and supporting employees of private business enterprises - because that's the New York Way. Addabbo also said we may see more union jobs created because people will be able to sit in their jammies and play poker on their phones - with live dealers. I'm sure they'll be even more addicting than CGI dealers.

Anyone who's already allowed to feed our gambling addiction won't be ignored, either. Existing license holders, including "current video lottery terminal licensees, mobile sports betting operators, state-licensed and Native American casinos" can participate in the iJunk if they like.

I'll be following this one as we go through the legislative session.

Wondering on Wednesday 3/17/21

Today, we're playing a fill-in-the-blank version of our wondering game. You're free to complete the answers any way you want. 

1. Someone suggested Meghan Markle might run for president in 2024. I wonder, will this really make Former Guy more likely to _______?
2. I wonder how many people have learned a new skill, such as _________ ,since the pandemic was declared a year ago this week?
3. A crossword puzzle clue asked 'where politicians like to play.' The answer was Peoria;  I wonder, wouldn't they rather play in ________?
4. Just days after the American Rescue Plan passed, stimulus checks are arriving. I wonder if people will ______ the money, or will they _____?
5. The Washington Post issued a lengthy correction for an article about _______between a politician and a woman. Was the politician ______? And was the woman ________, I wonder?
6. There are all kinds of weather warnings - historic warnings, I've heard - for parts of  Louisiana, Alabama, Mississippi, Arkansas and Tennessee beginning today. If a Sharpie was needed to update the weather maps, I wonder if ______ would be best suited to handle the task.
7. At a COVID briefing today, I had to wonder when I heard my Sonofa Gov Andrew Cuomo say  _______.
8. The NY Assembly and Senate are working on the budget, and might make mobile sports betting, legal pot, and more casinos a reality. I wonder, will they legalize ______ next?
9. Every now and then, I wonder how much longer we'll __________.
10. _______ and ______ are worth a wonder or two - do you agree? 

I'd love to see your answers - chime in! And I'd love to know what you're wondering about.

Wondering on Wednesday 10/28/20

Ready... Set... Wonder!

You know, I was kind of bummed today when I saw that Miles Taylor, the former Chief of Staff to Kirstjen Nielsen at the Department of Homeland Security, announced himself the name and face behind 'Anonymous,' the author of the famed 2018 NY Times op-ed that began 

President Trump  is facing a test to his presidency unlike any faced by a modern American leader.

It’s not just that the special counsel looms large. Or that the country is bitterly divided over Mr. Trump’s leadership. Or even that his party might well lose the House to an opposition hellbent on his downfall.

The dilemma — which he does not fully grasp — is that many of the senior officials in his own administration are working diligently from within to frustrate parts of his agenda and his worst inclinations.

I would know. I am one of them.

Like many others, I had wondered, not with any focus but sort of randomly, who in the administration might be the author (I had a favorite, I did.) And in 2019, when the book A Warning was published, I wondered again if perhaps it was  my pick, Kellyanne Conway. I thought she was the perfect person to have realized the error of her ways, going from getting him elected to now warning us that we shouldn't allow him back in the Oval after January 20, 2021. But no, it's Miles Taylor.

Now that I don't have to wonder about that any more, I've got time to wonder about a bunch of other stuff.

For example, what kind of person do you need to be to get a major city's District Attorney this mad? Well, you just need to be Donald Trump, that's all. Here's just a piece of what's in DA Larry Krasner's statement:

The Trump Administration’s efforts to suppress votes amid a global pandemic fueled by their disregard for human life will not be tolerated in the birthplace of American democracy. Philadelphians from a diversity of political opinions believe strongly in the rule of law, in fair and free elections, and in a democratic system of government. We will not be cowed or ruled by a lawless, power-hungry despot. Some folks learned that the hard way in the 1700s.

Justice Amy Coney Barrett took another oath today at the Supreme Court; in an unusual celebratory note, she received her first recusal request, too. The election-related case is from Pennsylvania, a key battleground state that, according to the punditry, is a must win for both candidates if they want to get to 270 electoral college votes.  We know, of course, that the new Justice would not commit t recuing herself, and I don't think I have to wonder much what her answer will be - I suspect it's going to be a no, in her best firm mommy voice, but we'll see. 

Finally, I turn my wondering eye to these two articles, which arrived together in an email:

Republicans are on the verge of a spectacular upside-down achievement

Why Trump's re-election still seems likely 

It's hard paying attention to the wildly varying headlines and opinions. These two were similar to others I've seen recently, in which it's pretty clear that the president is going to win, and it's equally clear that the president's not going to win. It's also clear that the pandemic is the most important thing in the election, and equally clear that the economy is the most important thing in the election. It's clearly clear that no one really knows what's clear, and equally clear that everyone knows what's clear.

And all of that had me wondering what the oddsmakers say about the election. According to an article in the Las Vegas Review Journal, 

The U.S. presidential election has officially become the most heavily bet event in the history of the United Kingdom-based Betfair Exchange, the company said in a release. A total of about $259 million in bets have been placed on the matchup between President Donald Trump, the Republican candidate, and former Vice President Joe Biden, the Democratic candidate. The handle breaks the record $258 million bet on the 2016 presidential election between Trump and Hillary Clinton. Betfair predicts that as much as $519 million could be bet on the election by Tuesday.

So, lots of money in play, but what are the odds? Biden is a -200 favorite to win the election at Betfair (Trump +200); that means that Biden is the favorite and Trump the underdog. 

A US oddsmaker (for entertainment purposes only, since it's illegal to bet on elections in the US) has Biden at -240 and Trump +220. And, the same guy has Kamala Harris at +800 to replace Biden before the 2024 election.

If it weren't illegal, I wonder how much Trump would put on that? After all, he's already suggesting Biden's only going to last three weeks if he wins... 

What are you wondering about?

Quick Takes (v43): WNY OTB's Gamble

Quick Takes

Regular readers know how excited I am that New York State gambles so heavily on gambling to help fund our government.  

We've got four new-ish casinos, which have been getting a lot of attention - they've all been troubled with lower-than-expected revenues, bad credit ratings, at least two have had ownership changes, and so on. 

Most industry experts attribute the poor performance to our very over-saturated market, which includes several Indian Nation casinos, thoroughbred and harness tracks, and Off-Track Betting (OTB) outlets. You can read my coverage on this topic over the last five years here.

One thing I haven't covered all that much is the OTB stuff. There are five regional OTB corporations, with multiple betting parlors around the state (none here in Onondaga County, which is fine with me). Money earned is supposed to be distributed to the municipalities that fall under each corporation's jurisdiction. Unless, of course, that money goes for other stuff.  

Take a look at this reporting from Investigative Post, noting that there's a federal grand jury nosing around into the Western Regional OTB corporation, investigating possible corruption including free health insurance for board members, vendor contracts going to politically-connected businesses, and issues with tickets to Buffalo Bills and Buffalo Sabres games.  Not only that, the report notes,

In addition, the state comptroller has started a previously announced audit and sources said the state Gaming Commission is engaged in some sort of review, as well.

According to the paper's reporting, no one was paying much attention to WNY OTB until about a year ago, when they reported on the free health insurance offered to the part-time board members (employees have to pay for theirs), and that NY's AG seemed to suggest that was prohibited. The AG's opinion and the state comptroller, and the attorneys hired by the OTB, all said it was wrong. An estimate, based on 'normal usage' would put the prohibited program's cost at between $250K and $500K annually.

The ticket issue stems from an accusation that OTB officials give tickets to "family, friends, and political allies," although there have been changes made in how ticket distribution is handled, including "the frequency and method of ticket giveaways." 

The contracting issue has to do with politically-connected vendors getting healthy contracts, including a contract extension given, even after it was reported the contract in question was under FBI scrutiny.

New York has a history of good intentions gone bad, and sadly we seem to excel when it comes to situations where public corporations, boards, and authorities are given freedom to do their own thing - because that almost always ends up with politically connected companies and people receiving benefits they are probably not entitled to, or that are way beyond what's reasonable for the work done, and that regular folks have no way to access.

Kudos to the reporters who have been chasing these stories. Ideally we'll find that there's nothing untoward in how the OTB handles its benefits and other practices, but if there is, the practices need to change - or cease - and the municipalities who are supposed to benefit from WNY OTB need to be made whole for any lost revenue.

And if nothing else, I hope these investigations will put the hundreds of other authorities, corporations and boards that engage in similar shenanigans on notice that, as the saying goes, the house always wins.

The Update Desk: Sports Betting and More

I've done several updates on the experiment with non-Native American casino gambling here in New York, most recently in April, when sports betting was approved, the new regs came out, and all that excitement filled the air. Here's Schenectady-area Assemblyman Angelo Santabarbara, quoted in the April post.

Allowing sports betting in our upstate casinos brings sports betting out of the shadows and at a benefit to the taxpayers. It levels the playing field so we can create a responsible market for sports betting in a safe regulated manner... The additional revenue to the state makes it a win-win. 

Well, sure, except for reports of revenue falling well short of projections in other states that have already moved forward. Sort of sounds familiar, doesn't it?

Anyway -- the sports books at Tioga Downs, Resorts World Catskills and the Rivers Casino in Schenectady were up and running earlier, and del Lago's opened last Friday, with former SU and Philadelphia Eagles QB placing the first bet. I'll give an update on this latest "win-win" gamble once we have some data.

There are ownership changes on tap at two casinos. First, Wilmorite, the developer of del Lago and several shopping malls in the CNY area, is getting out of the casino owner business. The company, owned by the Wilmot family, is selling its shares to the property's co-owner, Peninsula Pacific. The investment firm's chairman and managing partner, M. Brent Stevens, said

This will position Peninsula Pacific as the sole owner of the property and signals our further commitment to be the premier source of gaming and entertainment in the Finger Lakes region. 

Stevens made it clear Peninsula Pacific is aware of the financial situation with del Lago and the other casinos in New York. noting

Sure, it has been disappointing. Sure, there are structural issues in the overall gaming market in upstate New York, But in the long term, we have faith in this property and we are as excited today as we ever have been about the ability to do the right thing, to grow our operations and have the right things happen within the broader industry in New York. 

Speaking on behalf of Wilmorite, chairman Thomas Wilmot Sr. said

del Lago Resort and Casino is good for our community - it has created employment opportunities, an entertainment destination and a new stream of revenue for the town and county. The continued success of del Lago is good for everyone in the Finger Lakes region.  

Meanwhile, Empire Resorts, the public company that runs the $1.2B Resorts World Catskills property, is losing money and suggested that bankruptcy might be the answer. In the end, Empire reached a deal to sell its stake to the majority owner, Kien Huat Realty and Genting Malaysia. The buyers are paying nearly $10 per share of Empire Resorts, about 15% higher than the trading price when the deal was announced. There's also an increased funding commitment - $77M - which will help with debt repayment.

Genting Americas president Ed Farrell said in an interview

We're in a unique position where we can assist with the management of Resorts World Catskills through our Resorts World New York property at a low costs. We can bring synergies to both projects and by just operating at a higher sale, we're going to be able to put the cost structure in a way that Resorts World Catskills can turn to black and we can make money going forward.

Are you a gambler? How much would you wager on any of the casinos turning things around, either through sports betting or the ownership changes?

Given their collective track record, I'm out.

The Update Desk: Sports Betting

Back in January, I did a quick recap of what New York's Sonofa Gov Andrew Cuomo had on his State of the State wish list, which included sports betting. He can wish for that now, because the Supreme Court ruled that all states could dip their toes into this gambling stream, which previously was a Nevada exclusive.

Since that update, the state's Gaming Commission has issued draft rules, and we're a couple of weeks into a 60-day comment period on them. Among other things, the proposed rules would allow only in-person betting, and

The state rules also prohibit betting on college sports taking place within New York state, or on any events in which a New York college team plays, regardless of location. 

Regardless of the limitations, there's a bit of excitement with some members of the Legislature, including Assemblyman Angelo Santabarbara, who's on the Assembly's Racing and Wagering Committee. Take a look.

Allowing sports betting in our upstate casinos brings sports betting out of the shadows and at a benefit to the taxpayers. It levels the playing field so we can create a responsible market for sports betting in  safe regulated manner...Upstate New York is home to four gaming resorts, including Rivers Casino here in Schenectady that would benefit immensely from legalized sports betting, giving our region another boost. The additional revenue to the state makes it a win-win. 

We have those upstate casinos, you'll recall, because we were literally hemorrhaging gamblers to neighboring states, according to the Sonofa Gov. And that of course is also happening now, as New Jersey and Pennsylvania are both up and running with sports betting already, and Connecticut and Massachusetts are getting close.

And I have to ask myself if we've learned anything at all since we approved gambling back in 2013.

Meanwhile Back in Albany (v27)

Nathaniel Brooks/NY Times photo

In Thursday's post, the first in a series on our Sonofa Gov's State of the State, we looked at the accomplishments of the Cuomo administration, covering a whole lot of bases.

Today, we start looking at what's on the new progressive agenda Andrew Cuomo and the Democratic majorities in the Assembly and Senate plan on bringing to us.

Some things have already been delivered, as the legislature got right to work as soon as they were sworn in. Here's what was called for in the SOTS:

• Reproductive Health Act
• Comprehensive Contraceptive Coverage Act
• Criminal Justice Reform
• Updating the SAFE Act
• Voting Reforms
• Passing the Equal Rights Amendment
• Child Victims Act
• Dream Act
• Legal Adult Use Cannabis
• Campaign Finance Reforms
• Green New Deal
• Sports Betting
• Pro-Labor Protections
• Tax Reforms
• Rent Regulation Reform
• Continuing the Build New York program
• MTA changes

Cuomo appreciated that there's a lot of stuff in that wish list.

It's a lot. No doubt about it. But there's been a lot that has been bottled up for many, many years that we couldn't get done. And in many ways I feel the state is now liberated with the Senate Democratic Caucus and we can get these things done and we can get them done together and pass a new budget and I believe we can get them done within the first 100 days to show this state a new reality.

Some of it already has been done, or will be done soon. Let's take a look.

The Update Desk: Casino Gambling (again)

Can it really be time to do another update on New York's ill-fated decision to allow non-Native casino gambling?  Why yes, yes it is - and this update is about the same as the last one, and the one before that.

As has consistently been the case, the news is not good for our Vegas-style casinos in the Finger Lakes area, the Southern Tier, the Capital region, and the Catskills.  Leading the way, again, is the del Lago Resort and Casino down the Thruway a bit from Syracuse.

We're told of another downgrade in their credit rating and a likely continued 'negative' outlook.

If the two-year-old del Lago Resort and Casino in the Finger Lakes is to survive, it's going to need new cash investment or face a difficult restructuring of its debts and finances.

The issue? Lower than expected revenue growth and, oh yeah -- too many other opportunities for throwing your money away. The same issues confound the other three, which are not meeting their revenue estimates, either. del Lago was about 57% short of projections. Here's what Moody's said, in part.

The downgrade and the negative outlook consider that despite a slight pickup in del Lago's monthly gamin revenue, this improvement is not enough to alleviate Moody's concern that Lago will be challenged to support its annual fixed charges of about $50M going forward.

And there's more news on the casino front, which is not necessarily going to be helpful to the cause, either.

The Update Desk: Casino Gambling

It's almost hard to imagine that I'm able to write - again - on New York's great experiment with casino gambling.

Most recently, in this post, we learned about the downgrading of del Lago's rating by Moody's, and it's accompanying gloomy outlook that del Lago is not viable without some restructuring, and in this post, we learned that del Lago and at least one of the other new casinos was looking for a better tax deal from the state. (These are just two of several posts I've done on this subject over the past four or five years.)

And then, just a couple of weeks ago, we got news that the newest, the biggest of the four approved casinos (please, don't let them build any more of the darn things!) is also in a bit of a pickle.

It seems that Empire Resorts, which built the new Resorts World Catskills casino, lost over $58 million in the first five months it was open. The company also owns the Monticello Raceway, what we here in NY call a 'racino' as it has both harness racing and slot machines. According to the company's SEC filing from June 30,

We cannot be certain that our business will generate sufficient cash flow from operations, that our anticipated earnings from the Casino will be realized, or that future borrowings will be available under our existing debt arrangements or otherwise to enable us to service our indebtedness or to make anticipate capital expenditures... Our future operating performance and our ability to service our debt will be subject to future economic conditions and to financial, business and other factors, many of which are beyond our control. 

As it did with del Lago, Moody's downgraded Resorts World Catskills' rating.

Now, I know the language used in SEC filings is almost as carefully crafted as a Hollywood script or a politician's concession speech, but you can see that they're struggling with cash flow and debt, the same as del Lago and Rivers. Tioga Downs, in the Southern Tier, may be doing a little better.

The latest article notes that 'informal' requests for help from the state, the ones made by del Lago and Rivers, were rejected.  And it has a link to another article that proves what most of us knew all along, and what the experts have been saying for a couple of years: the upstate market is over-saturated with gambling opportunities.

How so, you say? Well, take a look; in addition to the four new  under performing Vegas-style casinos, we have

• seven Nation owned casinos
• six racinos (including Tioga Downs and Vernon Downs, which has had its own issues)
• one thoroughbred track
• 120 Off-Track Betting locations and
• three Nation-owned electronic gaming locations

Add in the ready availability of online gambling, and legalized sports betting (likely coming to New York in the near future), and it's hard to imagine anyone would think we're over-saturated, right?  

Time will tell whether all those things that are beyond the control of the casino owners will turn in their favor or turn against them like a bad hand of cards. What remains important is that we taxpayers aren't called upon to bail them out. 

After all, while the local casinos are happy to show us pictures of their lucky winners, we never see any pictures of people the casinos bailed out after a losing streak.

Meanwhile, Back in Albany (v18)

Nathaniel Brooks/NYTimes 

I thought I'd take a peek at the New York State legislative session that ended last month and see what our state representatives have been up to over in Albany.

A quick scan of headlines and it's not looking good, I can tell you that. Here's a sampling:

• from auburnpub.com: NY State Legislature session: missed opportunities, gridlock
• from the NY Times: Even for Albany, an Unusually Unproductive End to Session
• from the Albany Times Union: Legislative session limps to an end
• from syracuse.com: NYS Legislature adjourns with little to show
• from the Buffalo News: In Albany, Legislature moving to close session, with major deals dying

Sounds like a resounding success, doesn't it? Let's take a quick look at some of the hits and misses from the session.

From the Auburn paper, we got this assessment, the first part from Senator Mike Gianaris (D-Queens), with the second part coming from Brian Kolb (R-Canandaigua), the Assembly Minority Leader:

It's more a story of missed opportunities than a story about what got done.

The 2018 legislative session may be a memory, but it was anything but memorable.  

Nice to see both parties and both houses of the legislature in agreement on this. Other things of note from this article:

High profile proposals to authorize sports betting, overhaul antiquated election laws, extend the statute of limitations for child molestation and address longstanding corruption problems were introduced but never passed amid an ongoing stalemate between the Democratic-led Assembly and Republican-controlled Senate. 

The session's final days saw measures intended to improve school security fall flat. lawmakers failed to renew the state law authorizing 140 speed cameras in the NYC school zone, meaning the city will have to deactivate the devices. Negotiations to overhaul teacher evaluations also went nowhere. 

Successes called out here include legislation related to prosecuting sex offenders, new sexual harassment rules for government employees, and congestion tolls for transportation services in Manhattan, holding rape kids for 20 years, disclosures for online political ads, and a tax on opioid manufacturers.

The NY Times quoted Blair Horner of NYPIRG, who was also unimpressed with this year's session.

There are always things that don't get done. What made this session unique was the gridlock in the Senate, which made even the simplest of issues extremely difficult to resolve.

The Times also provided some detail on those issues in the Senate.

The Senate, for years led by Republicans, has these past weeks been deadlocked in a 31-31 partisan tie after one Republican senator returned to active duty in the Navy, and a group of eight renegade Democrats who had helped empower the Republicans ended their collaboration.  That thew into disarray the balance of power through which Democrats and Republicans, by virtue of their respective controls of the Assembly and Senate, had long been forced to the bargaining table. 

The Times Union shared another point of interest in the lack of accomplishment, via this comment from Patricia Fahy, an Assembly Democrat:

It's a little bit more of a lull this year. Part of it is because a lot was done in the budget, and, I think, because it's an election year, so  more issues are polarizing.

And, of course, our Sonofa Gov had to pivot quickly to fighting an activist actress, Cynthia Nixon, in order to remain in power. John Flanagan, the Senate Majority leader, was not impressed.

The governor was over here last week and certainly (we) had conversations with him but prior to that there was a very large void. So I feel he played some nominally productive role in the conversations that we had. 

Ouch. Way to drive your agenda, eh Gov?  But never fear, the pols kept pushing.

State legislators also found time to approve millions of dollars of pork barrel spending, create a state hymn, authorize new distinctive license plates and name multiple bridges. And even as time ran out on the calendar, both houses of the Legislature continued passing dozens of bills that stood little chance of success in the other chamber.

The Syracuse paper was equally unimpressed with this year's session.

The New York State Legislature's 2018 session limped to its conclusion Wednesday with precious little to show for it. In an election year, that's a funny way to persuade voters that you deserve another term.

The editorial board noted 'punts' on big issues including early voting, fixing the condo tax (more on that in an upcoming post), and efforts to clean up our economic development mess:

The bid-rigging trials involving one of Cuomo's top aides, SUNY Polytechnic, the Buffalo Billion and developers from Buffalo and Syracuse made nary a ripple in Albany. A bill to require the state to maintain a database of all the taxpayer subsidies given to corporations, the number of jobs created and the cost per job to taxpayers passed the Senate but languished in the Assembly. Such a database would bring more transparency and accountability to the $4B in annual state economic development spending. A bill giving the state Comptroller the authority to review SUNY contracts also failed to pass.

In addition to successes already noted above, the Syracuse paper noted passage of a bill allowing Syracuse and other municipalities to tack code violation fees to property tax bills and also a bill to help a local school district avoid payment of massive fines related to years-old missed paperwork deadlines. (For schools that were assessed and paid their fines in similar situations, I expect there was little joy in that one.)

One final note. The Buffalo paper also had some good analysis, but they also gave us this tidbit about how parochial the session had become at the end.

In place of the usual big-ticket items that define the end of a legislative session, lawmakers Tuesday continued pushing through dozens of locally-related and smaller items, including fixing a nearly 60-year-old typo in the name of a New York City bridge - honoring Giovanni da Verrazzano - with an extra Z to set things straight. 

No word yet on whether we'll have a special session to address any of the shortcomings; the most likely suspect is probably sports betting, but we'll have to wait and see.  

The Update Desk: Casino Bailouts?

This is one of those rare posts that truly writes itself; I just has to pull the excerpts.

November 11, 2013:
Last Tuesday, New Yorkers overwhelmingly approved perhaps the most ridiculously worded, most biased proposal ever to appear on our ballot:

The proposed amendment to section 9 of article 1 of the Constitution would allow the Legislature to authorize up to seven casinos in New York State for the legislated purposes of promoting job growth, increasing aid to schools, and permitting local governments to lower property taxes through revenues generated.

A breakdown of the vote, as illustrated in this article by Michelle Breidenbach in the Post Standard, shows where the opposition to the measure came from: 

• Ten counties in Western New York - Seneca gambling territory - voted no by between 50 -59%. Niagara and Monroe county results were 'undetermined' at the time the article was published; however according to the unofficial results, both are leaning no but by very small margins - less than 500 votes in Monroe, and only 250 votes in Niagara. 
• Here in Central New York, four counties - Madison, Onondaga, Otsego and Tompkins - voted the proposal down; Oneida county was still up in the air but is leaning towards approval, albeit by only 401 votes. 
• In the capital area, Albany, Schenectady, Saratoga and Warren counties all said no. Rensselear was leaning yes, by just over 700 votes, while Washington was saying no, by only 65 votes.
• Further north, Hamilton county (118 votes) and Lewis county (369) were also leaning no.

And from June 22, 2014:
Enter Wilmorite, the Rochester developer who has long been engaged in Onondaga County as well: 

• Think ShoppingTown Mall and Great Northern Mall, once glistening, booming retail establishments.
• And think the proposed OnCenter Hotel, to be built downtown using the proceeds from a racino that Wilmorite wanted to build in Cicero.  
• And think, more recently, of the defaulted mortgage on the old Sibley's building, which a local developer wants to get working on, and hopefully won't be delayed by Wilmorite's default. 

Onondaga County is already using casino gambling as an economic development tool. For example, some of the money the county is putting towards the seasonal concert amphitheater on the west shore of Onondaga Lake -- a crap shoot worthy of any Las Vegas high roller --  is an advance on our projected share of the money from Oneida Nation/Turning Stone agreement, so from that perspective I guess it makes sense that we'd at least think about gambling again with Wilmorite...

...Alas, as with most gambles, timing is everything. And so is picking the right horse. The fact that McMahon couldn't rally his troops and bring the vote to the floor means we missed the opportunity to support the deal, and it will hold (or fold) without us. That may be to our benefit, as it wouldn't look good on our resume if we backed the Wilmorite horse again - and lost, again.

And this, from July 2, 2014:
Finally, and this is sort of a non-Wilmorite wild card:  in its infinite wisdom, the New York Legislature passed a bill authorizing gambling at racinos until 6AM. Racinos are horse tracks that also have limited gambling, mostly video terminals.  Revenues are down at some of these places, and so our elected representatives decided that they can stay open another couple hours to try and get a few more bucks out of the folks who can't think of anything better to do in the wee small hours of the morning.

Hmm. Revenues are down at existing gaming facilities, at a time when we're proposing a major expansion of gambling?  How ironic...  

It'll be interesting to see how our new regional casinos will fare against this backdrop, and if the promise of last fall's constitutional amendment -- "promoting job growth, increasing aid to schools, and permitting local governments to lower property taxes through revenues produced" -- will come to fruition.

And, from November 24, 2017:
Fun times, right? Hopes were high back in those days. Not so much now, though. According to an article from earlier this month,  all three of the first licensees are underperforming. 

• del Lago Resort and Casino, down the Thruway a bit from Syracuse, opened earlier this year with projected gaming revenue of $263M for its first year. As it stands, they'll probably fall about $100M short.
• Rivers Resort and Casino also opened earlier this year in Schenectady, and is expected to fall about $80M short of its $222M projection.
• Tioga Downs, which upgraded from a racino to a casino that opened in December 2016, had lower projections - $103M - and is also expected to fall short, by around $30M.

Tioga Downs owner Jeff Gural, who also owns the Vernon Downs Racino, has a different take on things, and focuses on the economic benefits of the casinos instead of on the less-than-projected revenues.

It's been a huge success. Whatever has been promised from an economic development standpoint has been delivered by the casinos. The real losers, frankly, are the owners of the three casinos. 

I would be remiss if I failed to mention that Gural asked for and received a bailout from the state to keep Vernon Downs open; it gets to keep more of the money that would have gone to the state, and they get to use capital improvement funds for operating expenses. The racino was losing about $5K a day, state officials were told; competition was one of the main drivers of the losses, Gural noted.

And from January 14, 2018:
NY legislators and Governor Cuomo don't seem to be too worried. For example, here's a fabulously irresponsible comment from Senator John Bonacic, the Mount Hope Republican who happens to be chair of the Racing, Gaming and Wagering Committee in the state senate, who noted in effect that developers always lie to get approval for their projects.

It was a very competitive process for four casino licenses, and of course their consultants were going to put rosy projections in order to get the Gaming Commission to hopefully give them a license. 

Gee, thanks for the oversight, Senator -- you do know that means oversee, not overlook, right?

For his part, our ever optimistic Sonofa Gov noted about the new casinos

They've all been wildly successful in creating jobs and building beautiful complexes.

Which, as we know, counts for everything with him. The state is littered with beautiful buildings created as part of these economic development, money-for-schools or tax revenue generators (but that's a whole nother post.)

And finally, today's update, from the Rochester Democrat and Chronicle:

The del Lago casino in the Finger Lakes is seeking a better tax deal from the state to address its struggling revenue - slightly over a year since it opened. 

Tom Wilmot, the principal owner of the casino, told USA TODAY Network's Albany Bureau on Tuesday outside the Capitol that he hoped state leaders would assist the casino. 

He didn't say specifically what the request was, but it appears the casino is seeking a lower tax rate paid to the state.

"I think we need some help at this point, and what the future holds, time will tell," Wilmot said. 

Whether the state Legislature and (our Sonofa) Gov. Andrew Cuomo will come to the casino's aid is uncertain. 

And (del Lago isn't) the only one: Rivers Casino in Schenectady is seeking a better tax package from the state, according to Assemblyman Phil Speck, whose district includes that facility. 

Time will tell, indeed. Time will tell.

The Update Desk: Casino Gambling

Last November, I shared the news ( in this Meanwhile Back in Albany post) that New York's gamble on allowing private, non-Native American casino gambling was not doing as well as expected.

The majority of voting New Yorkers who remembered to turn over their ballots back in 2013 decided we would amend our constitution back in 2013 to allow for up to seven new casinos "for the legislated purposes of promoting job growth, increasing aid to schools, and permitting local governments to lower property taxes through revenues generated."

As I noted in that post in November, the first three casinos - del Lago Resort and Casino (Waterloo) Tioga Downs in the Southern tier (which has its own crazy story) and Rivers Resort and Casino (Schenectady) are all under performing, by some $200 million or so, according to projections.

Competition is increasing - the fourth of the 'up to seven' casinos will open in the Catskills later this spring. The new place, Resorts World Catskills, will have a 100,000 square foot casino, 2150 slot machines, and 134 table games, along with a hotel, spa, golf course, and multiple dining options.

Also opening soon is Point Place, the latest offering from the Oneida Nation, which owns Turning Stone Resort Casino in Verona (east of Syracuse) and another mini-casino in Chittenango. Point Place, in Bridgeport, is supposed to cater to folks in Onondaga County, where the Legislature doesn't want to be in the gambling business and repeatedly turns down even putting up an OTB parlor, as well as from the communities around Oneida Lake and points north.

As noted in this recent article on Casino.org,

When Point Place Casino near Syracuse opens on March 1, the boutique $40M, 65,000 square foot casino will feature 500 slot machines and 20 table games. And while that might be great news for area gamblers, it's not quite as welcomed by the competition.

New York gambling venues have been sprouting up across the state since legislators opted to legalize four commercial casinos in 2013. The result has been a increasingly crowded upstate market, with private and Native American gaming operators fighting for the same customer base. 

NY legislators and Governor Cuomo don't seem to be too worried. For example, here's a fabulously irresponsible comment from Senator John Bonacic, the Mount Hope Republican who happens to be chair of the Racing, Gaming and Wagering Committee in the state senate, who noted in effect that developers always lie to get approval for their projects.

It was a very competitive process for four casino licenses, and of course their consultants were going to put rosy projections in order to get the Gaming Commission to hopefully give them a license. 

Gee, thanks for the oversight, Senator -- you do know that means oversee, not overlook, right?

For his part, our ever optimistic Sonofa Gov noted about the new casinos

They've all been wildly successful in creating jobs and building beautiful complexes.

Which, as we know, counts for everything with him. The state is littered with beautiful buildings created as part of these economic development, money-for-schools or tax revenue generators (but that's a whole nother post.)

So as we look to March, and hundreds of thousands of square feet of new gaming space, we have this dreary outlook on Wilmorite's del Lago from Moody's, which landed on January 10th.

Moody's Investor Services downgraded Lago Resort and Casino, LLC's Corporate Family Rating today to Caa2 from B3 even while the company's Probability of Default Rating was lowered to Caa2-PD from B3-PD. At the same time, Lago's 1st lien revolver and term loan were downgraded to Caa1 from B2 and its 2nd lien term loan was downgraded to Caa3 from Caa2. The rating outlook is negative. 

In English, what does that mean (emphasis added)?

Key credit challenges include Lago's slower than expected ramp up, single asset profile, and the highly competitive nature of the market which it operates that may impede the company's ability to support its capital structure. There are five gambling facilities, including four racinos and one Native American full scale casino within 100 miles of del Lago's location...

The negative rating outlook considers Moody's expectation that, despite the likelihood that Lago will cover its cash interest obligations and remain in compliance with its financial covenants during the next 12 months, albeit marginally, without a substantial improvement in the rate and degree of ramp-up or an additional equity investment by the owners, Lago will not be able to achieve a level of performance that can support its existing debt capital structure. 

 Lago's rating could be lowered if it appears there will be debt restructuring that involves impairment to existing lenders..

Now, it would be unfair if I failed to mention spin-off economic benefits stemming from del Lago and the other new casinos. For example, the State of New York might be making some extra money.

Data obtained from the State Thruway Authority shows Exit 41 (del Lago is just across the Thruway from the toll booths) had a monthly average of 266,306 vehicles the year before del Lago opened, the casino says. Since the casino opened, average monthly traffic at Exit 41 has increased to 381,477 vehicles...

Another real success story is the Magee Diner, just down the road from del Lago. It's one of several local businesses where gamblers can use their rewards points. The diner's owner, Gary Schlegel, has seen sales increase 15% since the casino opened.

We see more and more new faces in our restaurant every day, and 80 percent of the time my customers tell me they are on the way to or from del Lago.

Schlegel plans on adding outdoor dining and said he's going to see about getting a liquor license, too. This is great news, but as with any other downstream economic effect, this will last only as long as del Lago lasts. Like those shiny under-leased or empty new buildings I mentioned above, hopes and dreams of small business owners are also scattered across the landscape.

I don't want the casinos to fail -- we're already over-invested in them. And I certainly don't want the small business owners who are seeing a bump in business go back to where they were, or worse - fail completely - should the casino 'trickle-down' revenue streams dry up. 

What I do want, though, is responsible stewardship and leadership from our elected officials. That, my friends, shouldn't have to depend on a roll of the dice or the luck of the draw.