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NYRA Shifts Tote Providers
by Blood-Horse Staff
Date Posted: 6/11/2004 11:02:41 AM
Last Updated: 6/16/2004 9:09:48 PM
The New York Racing Association will use United Tote as its new tote provider beginning in November, a United Tote spokesman confirmed Friday.United Tote replaces Autotote, which had a contract with NYRA for more than 20 years. Autotote's parent company, Scientific Games Corp. said the loss of the NYRA contract would impact the company's earnings by about one cent a share. The company's price per share closed on the NASDAQ market Thursday at $18, which was down 85 cents.Autotote was at the forefront of the 2002 Breeders' Cup pick six scandal, at which time the company processed about 65% of all wagers in North America. A software engineer for Autotote, Chris Harn, altered a winning pick six ticket worth $3.1 million. He was sentenced to one-year in jail and has since been released. Phone calls to the NYRA executive office were not immediately returned.
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