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Posted on: July 21, 2021, 02:42h.
Final up to date on: July 21, 2021, 02:55h.
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In a Wall Road Journal article posted Wednesday, on line casino and racetrack proprietor Jeff Gural made it clear how he felt about New York Gov. Andrew Cuomo.
New York Gov. Andrew Cuomo speaks on the July 9 opening of the Legoland amusement park in Goshen, NY. A Wall Road Journal article Wednesday famous that Cuomo’s reelection marketing campaign could also be falling to items, as he’s dropping help from backers who contributed to earlier campaigns. (Picture: GovAndrewCuomo/Flickr)
Gural is likely one of the former contributors to Cuomo’s campaigns interviewed in The Journal article. The story appears at simply how susceptible the three-term Democrat could also be as he gears up for re-election subsequent 12 months. The key phrase in that earlier sentence is former, because the proprietor of Tioga Downs stated he’s performed due to stories of Cuomo sexually harassing a number of ladies and the way in which the state is continuing with cellular sports activities betting.
He’s sensible, however he’s a bully and his ways are a shame,” Gural stated. “And other people ought to know the way he runs the state.”
Cuomo is presently beneath investigation for the sexual harassment claims, which embody accusations from present and former staffers, in addition to ladies exterior of his administration. These accounts led to a number of outstanding New York Democrats calling for his resignation.
However that’s simply one of many inquiries which have popped up within the final 12 months. Federal authorities are trying into how his workplace dealt with nursing house insurance policies and information through the first few months of the COVID-19 pandemic. There have been questions on using state personnel and sources for a guide he wrote about managing the pandemic. He obtained $5 million for the guide.
As well as, state lawmakers are additionally reviewing these and different points as a part of their very own investigation that would result in his impeachment.
Cuomo Shedding Cash and Help
In accordance with information from the New York State Board of Elections, Gural has made 21 contributions to Cuomo campaigns totaling $212,000 courting again to 2002. His final recorded contribution to Cuomo was made on Jan. 5, weeks earlier than lots of the ladies got here ahead with their harassment allegations in opposition to the governor.
Gural is just not the one donor who’s not backing Cuomo. The Journal reported the embattled incumbent bought $2.3 million for the primary half of the 12 months. That represents the second smallest report he’s made as governor.
The Journal notes he nonetheless has greater than $18 million in his marketing campaign battle chest. Nonetheless, he’ll seemingly want all of that and extra if he finally ends up in search of a fourth time period subsequent 12 months. That’s as a result of he’s not simply dropping big-money donors. He’s additionally dropping help from voters.
In an April 2020 Siena ballot, 77 % of New York voters had a positive view of the governor. By final month, because the scandals and investigations continued taking their toll, simply 45 % favored him, in comparison with 47 % who didn’t.
Even worse, simply 35 % stated they’d vote to re-elect Cuomo. Solely 33 % even need him to run subsequent 12 months.
That political instability has additionally made its strategy to the buying and selling markets. At PredictIt, merchants are sure Cuomo received’t be impeached or resign by Sept 1. And with sure shares buying and selling at 88 cents, the market sees him nonetheless in workplace on Dec. 31.
However merchants are much less sure of him even being the Democratic gubernatorial candidate subsequent 12 months. Cuomo nonetheless leads that market, however his shares on Wednesday afternoon have been solely buying and selling at 40 cents. Shares for New York Legal professional Basic Letitia James have been at 33 cents.
NY Casinos Lose Out in Cell Sports activities betting Plan
The article doesn’t element Gural’s dislike of the state’s plan for cellular sports activities betting. Nonetheless, as a on line casino proprietor, he clearly stood to profit extra from a web based pores and skin proposal lawmakers had pursued for years. That will have enabled Tioga Downs to work with FanDuel, its retail sports activities betting accomplice and one of many largest cellular operators within the US. The on line casino seemingly would have been in a position to accomplice with one or two extra betting apps as properly.
As a substitute, beneath the settlement lawmakers and Cuomo reached within the price range, cellular operators will apply on to the state for licenses by a quite complicated solicitation course of that launched earlier this month. The governor likened this method to the way in which the state contracts with lottery operators. He additionally believes that may assist the state finally generate $500 million in income yearly.
“We’ll contract with them, and we’ll make the cash,” Cuomo stated throughout an April 5 press convention. “We don’t want the casinos as a intermediary.”
Underneath the state’s plan, Tioga Downs and the opposite three commercially licensed upstate casinos will obtain $5 million annual funds to host on-line servers. The casinos will get the cash even when they don’t host a web based server.
Gural additionally shared with The Journal how the administration has handled the state’s racing business. A decade in the past, as some racing leaders sought to convey full-fledged industrial casinos to New York, Gural stated Cuomo and his employees used intimidating ways to threaten the tracks’ licenses. That led to them donating $2 million to a pro-Cuomo marketing campaign fund.
On Twitter Wednesday morning, Wealthy Azzopardi, Cuomo’s communications director and senior advisor, responded to a tweet selling the article by saying Gural, who’s the CEO and managing accomplice for the Meadowlands Racetrack in New Jersey, had an ax to grind.
“Not for nothing, however cited on this piece (is)… a pissed-off on line casino proprietor with extra pursuits in New Jersey who’s mad our sports activities betting laws advantages NYers, not him,” Cuomo’s spokesman stated.
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