Home Trade association New Yorkers Majority Support Project for New Belmont

New Yorkers Majority Support Project for New Belmont

0

We Are NY Horse Racing, a coalition of small businesses, unions, nonprofits and trade associations, today released a survey which revealed that 68% of voters statewide and 75% of voters on Long Island support using the state’s bonding authority to build new horse racing facilities in Belmont Park. Additionally, according to the poll, New Yorkers view horse racing favorably by a 3-to-1 margin and widely recognize the sport’s importance as a driver of New York State’s economy.

In 2022, legislation (S09022/A10101) was introduced for the first time that would allow the New York Racing Association, Inc. (NYRA) to fund the upgrade of Belmont Park through government guaranteed bonds, marking a watershed moment for the decades-long effort to re-imagine Belmont. The coalition plans to build on this success moving forward.

Formed in September 2021, the more than 50 members of We Are NY Horse Racing have engaged in dialogue with lawmakers, participated in legislative hearings, and hosted grassroots events to educate and inform the public about the impact horse racing has on the world. economy of New York. In 2022, the coalition expanded its efforts by launching a series of broadcast, cable and digital advertisements highlighting the dedicated and diverse group of individuals able to support their families through horse racing success in New York City.

Today’s announcement marks another milestone for the coalition, which is launching a full-fledged campaign to secure the necessary approval to fund the construction of a new Belmont Park.

“The construction of a new Belmont Park will create jobs for New Yorkers, expand economic opportunities on Long Island and boost tourism throughout the region,” said We Are NY Horse Racing spokesman Jack Sterne. Coalition. “That’s why New Yorkers here on Long Island and across the state overwhelmingly support this transformative economic development project. This year, our coalition is ready to criss-cross New York City to make the case that a new Belmont Park is a victory for our economy, for our state, and for all New Yorkers.”

Register for

“From laborers to security guards, from small businesses in Nassau County to upstate farms, the economic impact of horse racing is enormous, especially on Long Island – and New Yorkers are taking notice,” said Luis Vazquez, president and CEO of the Long Island Hispanic Chamber of Commerce and member of the We Are NY Horse Racing Coalition. “Three-quarters of Long Islanders support the construction of a new, state-of-the-art Belmont Park because it would generate more jobs, more tax revenue, and more economic activity for Nassau County. This goal is within reach. hand – and our coalition stands ready to advocate directly with lawmakers during this session.”

Horse racing in New York State is responsible for 19,000 jobs and more than $3 billion in annual economic impact. While these benefits reach every corner of the state, they are most felt in areas surrounding race tracks, including Belmont Park in Nassau County, Aqueduct Racetrack in Queens, and Saratoga Race Course in Saratoga County. . Since 2012, NYRA has paid $180 million in taxes and fees to the State and New York City, while the Saratoga Summer Meet generates nearly $240 million in annual economic impact and is a critically important to the upstate tourism and hospitality sectors. This year, the Saratoga summer meet marked the seventh consecutive year with paid attendance exceeding one million.

To secure the future of the sport in New York, NYRA plans to build a modernized grandstand at Belmont Park that would transform the facility into a world-class destination, drawing tourism to Long Island for decades to come. To fund this redevelopment project, the New York State Legislature must approve bonding authority for the NYRA – importantly, the NYRA would be responsible for all debt service obligations on the bonds and no taxpayer funds would not be used for the project. In fact, taxpayers would gain in value because NYRA would spend its own funds to upgrade state-owned Belmont Park.

The poll found that a super majority of voters (68%) support legislation to grant that bonding authority to the NYRA so it can upgrade Belmont Park on Long Island. Democrats (70%) and Republicans (70%) support the legislation equally, and support for Long Island is nearly a 5-to-1 margin (75% support to 16% opposition).
Other survey results include:

* New Yorkers have a favorable opinion of horse racing – voters’ opinion of horse racing is favorable by a margin of 3 to 1 (51% favorable to 17% unfavorable), with the margin in Long Island doubling to 6 to 1. 1 (66% in favor to 11% against).

* Voters want the state government to recognize the importance of sports – the vast majority of New Yorkers (74%) believe it is “important” for the New York state government to recognize the importance of horse racing, with stable support from both Democrats (75%) and Republicans (78%).

* New Yorkers understand the economic impact of sport – three in four voters (75%) agreed that horse racing supports thousands of jobs and 72% agreed that sport supports the economies surrounding racetracks.

The poll was conducted by Global Strategy Group (GSG) in June and July 2022. GSG conducted a survey to examine public perceptions among 1,141 New York voters statewide, with a margin of error of 3 .5%. The polling sample included an oversample of 100 registered Long Island voters. To view the full survey memo, click here.

This press release has not been edited by BloodHorse. If you have any questions, please contact the organization that produced the release.