Their financial performances were no secret during the year, but now the final numbers for fiscal 2014 are in and, for the first time, New York racetrack-based casinos showed their first year-to-year dip in net revenue.
Groups seeking to block a Finger Lakes-area casino in upstate New York have been formally joined by a politically powerful and financially deep-pocketed ally: the Oneida Indian Nation.
New York lawmakers have given final approval to an expansion of video lottery terminal games at six of the state's nine racetrack-based casinos.
The board of the New York Racing Association has tapped Anthony Bonomo as the new NYRA chairman.
New York officials have agreed to keep intact the state's oversight of the New York Racing Association, a control period that was to expire this October.
Efforts to expand video lottery terminal casinos in New York, including one at Belmont Park, have been quashed during state budget negotiations at the state Capitol.
A measure giving flexibility to the financial operations of the New York State Thoroughbred Breeding and Development Fund passed by a comfortable margin in the state Senate, as it has every year since 2010.
Revenue for state government from the nation's pari-mutuel industry dropped 3.5% in 2014 from a year earlier, according to a new report by a university system think tank.
New York regulators March 23 said they want to hold a forum to consider the future use of anti-bleeding medication furosemide in the state.
Legislation has been introduced in both houses of the New York legislature to require the owners of a future commercial casino to make whole any losses suffered by horsemen and breeders at nearby Finger Lakes.
It appears increasingly likely that New York Gov. Andrew Cuomo will get his desire to extend the life of the state's control over the New York Racing Association.
The owner of Finger Lakes Gaming & Racetrack in upstate New York is asking a state judge to halt the awarding of a license for a new commercial casino located just 25 miles away from the 1960s-era racetrack.
Video lottery terminals at Aqueduct Racetrack have helped push up prices of New York-bred yearlings and increased the state's foal crop in what economic development officials say has been a far-reaching impact.
A New York casino panel has approved another round of bids for a gaming facility in the Southern Tier region of the state located near Binghamton and just across from the Pennsylvania border.
New York regulators are still not saying when the findings of an investigation into allegations of horse abuse by trainer Steve Asmussen will be released.
Upstate New York racetrack-based casinos are stepping up efforts to stop a full-blown commercial casino from opening in the Finger Lakes region.
New York Gov. Andrew Cuomo is proposing an extension of the state's control period over the New York Racing Association for up to an additional year.
A New York panel has begun anew the process for awarding a commercial casino license in the state's Southern Tier region after the urging of Gov. Andrew Cuomo.
The state Gaming Commission said Jan. 9 it will resume the bidding process to issue the fourth and final immediately available casino license somewhere in the greater Binghampton region of the state.
New York regulators have preliminarily adopted a new system of minimum penalties for multiple equine drug violations, similar to a point-type system that states have in place for motor vehicle drivers.
The head of the horsemen's group at New York's Finger Lakes racetrack said the facility could be forced to close in the coming years unless state officials take action to protect it from a new commercial casino.
New York state, in its greatest expansion of gambling, has selected three winning bidders to operate full commercial casinos in separate areas of the state but rejected proposals by Genting Americas and Churchill Downs, Inc.
The board of the New York Racing Association Dec. 3 approved the racing corporation's 2015 budget, but not before a spirited debate by some board members over equine drug issues.
New York Racing Association chairman Dr. David Skorton announced Dec. 3 he is stepping down from the post to spend more time getting ready for his new job as head of the Smithsonian Institution.
The New York Racing Association board of directors will be asked Dec. 3 to approve a 2015 budget that cuts the number of racing days at Aqueduct Racetrack by a total of six days during the track's winter and fall meets.
The New York Racing Association's projected $2.1 million surplus for 2015 will be driven by attempts to increase field size by possibly reducing the number of race dates and cutting expenses.
Rules were designed to protect the integrity of pari-mutuel wagering and horses' health.
New York regulators are ready to consider final revisions to rules specifying allowable testing threshold levels for two dozen medications used to treat Thoroughbreds in advance of races.
Those who took the New York Assembly Racing Committee up on an offer to speak Nov. 18 had little to say about NYRA's future governance. Instead, winter racing at Aqueduct, and health and safety issues, were the focus.
The New York Racing Association may be on a fast track to devise a plan removing it from state government control, but at least one veteran state lawmaker is in no rush to see the racing operator in charge of its destiny.
The leaders of the New York Racing Association will start outlining a path for the racing giant's future at a board meeting Nov. 12, and it could be a precursor to talks at the state Capitol next year.
Genting Americas is using its casino anniversary at Aqueduct Racetrack Oct. 28 as part of a well-timed message to proclaim how valuable it has been to New York State government.
New York officials are recommending that all horses be vaccinated against Eastern Equine Encephalitis (EEE) after six cases of the deadly virus have been confirmed in the state.
California Chrome may have lost the Belmont Stakes (gr. I), but the potential for a Triple Crown winner helped to drive up the New York Racing Association's overall pari-mutuel handle in the first half of 2014.
New York officials said Aug. 29 they are conducting a probe into the relatively high number of equine deaths during the New York Racing Association's Saratoga Race Course meet.
A state investigative agency has concluded that key executives of the New York Racing Association were derelict in their duties to halt a practice that cost bettors more than $7 million.
The head of the New York Racing Association is suggesting the racing giant might not be able keep open both its downstate Thoroughbred tracks when it morphs back into some form of private control in the fall of 2015.
State regulators in New York have acted quickly to issue a new rule letting racetrack-based casinos operate an extra two hours a day.
New York racetrack gaming facilities, most of which have been facing slumping financial numbers this year, will be able to stay open later into the early morning and be authorized to offer more free play.
First passed as a temporary surcharge in 2007, legislation has been signed into law again authorizing the New York Thoroughbred Horsemen's Association to receive 2% of purse proceeds at New York Racing Association tracks.
A state-created fan advisory group has blasted NYRA for operations June 7 for Belmont Stakes (gr. I) day, saying problems that hit everything from parking lot to betting lines to lack of security hurt fan development.
New York regulators have remanded for another hearing cases against trainer Anthony Dutrow and owner-breeder-trainer Peter Kazamias involving a 2009 race at Aqueduct Racetrack.
New York lawmakers gave final approval June 20 to a bill that will allow racetrack-based casinos to stay open until breakfast time and permit more free-play offerings to gamblers in a bid to boost revenues.
State regulators have upheld a 15-day suspension against owner/trainer Luis Gutierrez for racing a horse with an impermissible level of Flunixin at Finger Lakes Race Track.
Churchill Downs is partnering with Saratoga Casino and Raceway on a proposed resort-style casino near Albany.
The Genting Group has revealed its plans for a full-blown casino in New York, and as expected, it joins a growing list of would-be casino operators who want to come as close to New York City as legally possible.
Genting Americas said April 23 it is jumping into the increasingly crowded field to try to win a license to open a full-scale casino resort in New York state.
Facing community and local government opposition, backers of a long-planned full-scale casino at Saratoga Springs' harness track have retreated on the idea, instead focusing on a new site near Albany, N.Y.
A new state budget deal in New York calls for using a portion of video lottery terminal proceeds to create a health insurance program for Thoroughbred jockeys.
The formal bidding process for New York's new commercial casino developments begins March 31 when a state casino siting panel will release a request for application from developers.
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