Posted on: July 21, 2021, 02:42h.
Final up to date on: July 21, 2021, 02:55h.
In a Wall Avenue Journal article posted Wednesday, on line casino and racetrack proprietor Jeff Gural made it clear how he felt about New York Gov. Andrew Cuomo.
Gural is without doubt one of the former contributors to Cuomo’s campaigns interviewed in The Journal article. The story seems to be 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 accomplished due to stories of Cuomo sexually harassing a number of ladies and the way in which the state is continuing with cell sports activities betting.
He’s good, however he’s a bully and his techniques 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 embrace accusations from present and former staffers, in addition to ladies exterior of his administration. These accounts led to a number of distinguished 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 dwelling insurance policies and knowledge in the course of 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 acquired $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 might result in his impeachment.
Cuomo Shedding Cash and Assist
In line with data from the New York State Board of Elections, Gural has made 21 contributions to Cuomo campaigns totaling $212,000 relationship 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 will not be the one donor who’s now not backing Cuomo. The Journal reported the embattled incumbent received $2.three 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 struggle chest. Nonetheless, he’ll doubtless want all of that and extra if he finally ends up searching for a fourth time period subsequent 12 months. That’s as a result of he’s not simply shedding big-money donors. He’s additionally shedding assist from voters.
In an April 2020 Siena ballot, 77 % of New York voters had a good 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 approach to the buying and selling markets. At PredictIt, merchants are sure Cuomo gained’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 Normal 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 cell sports activities betting. Nonetheless, as a on line casino proprietor, he clearly stood to learn extra from a web-based pores and skin proposal lawmakers had pursued for years. That might have enabled Tioga Downs to work with FanDuel, its retail sports activities betting accomplice and one of many largest cell operators within the US. The on line casino doubtless would have been capable of accomplice with one or two extra betting apps as nicely.
As a substitute, beneath the settlement lawmakers and Cuomo reached within the funds, cell operators will apply on to the state for licenses through a rather complex solicitation process that launched earlier this month. The governor likened this strategy 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.”
Beneath 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 business casinos to New York, Gural stated Cuomo and his employees used intimidating techniques 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.