With video lottery terminals suddenly emerging as an item in state budget talks, the top Republican in the state Legislature said he cannot support a controversial video lottery terminal bill proposed by his fellow Republican, Gov. George Pataki.
The horsemen's group at Finger Lakes Racetrack in New York will back a new contract to ensure the track is running by its scheduled April 18 opening, the head of the organization said Feb. 28.
New York regulators on Friday revoked the licenses of the former New York Racing Association pari-mutual clerks who last year pled guilty to various charges stemming from a money-laundering probe at NYRA's three racetracks.
The head of the New York Senate racing committee is pressing a new video lottery terminal plan that would give more money to racetracks and purses by giving back less in winnings to bettors.
Racetracks and off-track betting parlors in New York must begin a program that lets problem gamblers voluntarily shut themselves out from betting, the state Racing and Wagering Board ordered Feb. 4.
Gov. George Pataki has rocked the New York racing industry with a plan to dramatically alter the revenue-sharing arrangement for the state's long-stalled video lottery program and also impose a higher tax on pari-mutuel handle.
A day after New York Governor George Pataki proposed sweeping changes to the state's racing laws, the head of the New York Racing Association said the plan would end up hurting the industry.
New York Governor George Pataki has proposed changes his administration says will convince racetracks to begin offering video lottery terminals.
New York regulators are expected to consider Jan. 28 whether trainer Juan Serey will have his license revoked, but his lawyer was pushing to delay the proceedings until final details of a lawsuit settlement involving Serey are resolved.
The owner of a long-shuttered New York racetrack slated to reopen to tap into the state's video lottery terminal program has filed for Chapter 11 bankruptcy protection.
State regulators in New York have begun enforcing what they say will be new safeguards to try to prevent the kinds of abuses that occurred in the recent Breeders' Cup Ultra Pick 6 betting scandal from happening again in the state.
Vernon Downs, the troubled Standardbred facility near Syracuse, New York faces an uncertain future after regulators gave an outright denial to its 2003 license.
With the sale of Calvin Klein, look for Barry Schwartz to spend far more time around his passion: horses.
A horsemen's group has filed a lawsuit in federal court against Monticello Raceway in New York, alleging the track pocketed at least $1.3 million over the past six years in funds that should have gone to purses.
Trainer Nick Zito's suspension by New York regulators for a positive drug test involving a race at Saratoga was upheld Thursday by a state appeals court.
An influential state senator says racetracks in New York should be given more of a split from the state's still dormant video lottery terminal program as a way to get the machines running and revenue flowing for New York's deficit-ridden budget.
In search of every last penny to balance the city's budget, New York City officials are trying to convince state officials to allow New York City Off-Track Betting Corp. to simulcast Thoroughbred racing at night.
A legislator has proposed that New York law should be tightened to create a felony that specifically outlaws tampering with pari-mutuel bets and wagering systems. The bill, sponsored by Assembly racing committee chairman Alexander Gromack of Rockland County, comes in the aftermath of the Breeders' Cup Ultra Pick 6 betting probe.
Major changes are needed in state's pari-mutuel law to keep statutes in line with technological advances, New York's top racing regulator said Nov. 13 in the wake of the Breeders' Cup Ultra Pick 6 betting probe.
A lawsuit seeking to block video lottery terminals at racetracks in New York "is ripe for review,'' a state judge has ruled in rejecting pleas by the state and racetracks to dismiss the legal action. Gambling foes say they may now seek an injunction to block any further development of the VLT program.
In a move with implications for the state's racing industry, the federal government has given the go-ahead for a western New York Indian tribe to open three casinos, a decision that could pave the way for three other new casinos in New York's Catskill Mountains.
New York lottery officials have selected four firms to supply video lottery terminals at racetracks for a new gambling program, but so far, track officials aren't leaping at it because they insist it will lose money.
The New York Racing Association, with its video lottery terminal program running behind schedule, is turning to outside casino operators to run its proposed Aqueduct VLT facility, and among those under consideration is Atlantic City casino mogul Donald Trump.
A company that for years has been trying different ways to break into the racing industry has now set its sights on an obscure former Quarter Horse racetrack in upstate New York.
Stymied in recent efforts to enter the New York racing market, Magna Entertainment is still highly interested in moving its way into the lucrative betting state, the company's president said Aug. 6.
On the sales block just a year ago, New York City Off-Track Betting Corp. is shedding its fire-sale image and moving ahead with plans to bring back bettors and forge new ties with racetracks, its new president said.
An influential breeder in New York, embroiled in a dispute with a neighbor, has successfully pushed through a measure to ban the setting off of fireworks near breeding farms.
The New York Racing Association should know by the end of the week of June 24 if it will receive about $100 million in new loans for a major capital program at its three racetracks, the head of the racing organization said.
A series of racing laws in New York have been extended by state lawmakers, who failed, however, to act on several other items from an industry wish list involving video lottery terminals and off-track betting corporations.
Citibank, the nation's largest credit card company, is beginning a new system to block customers from using their plastic to make online wagers, New York attorney general Eliot Spitzer said June 14. The impact on companies that offer pari-mutuel wagering remains to be seen.
Racetracks in New York have launched a last-ditch effort to extend the operating hours of the state's new video lottery program. The tracks insist they need to let gamblers stay at their facilities longer if they are to turn a profit.
A senior adviser to New York Gov. George Pataki is joining the New York Racing Association as its new general counsel, officials said June 12.
Off-track betting corporations in New York, still upset about being cut out of last fall's major gambling expansion in the state, are making an all-out push for new revenue.
A deal to extend the New York Racing Association's franchise to run three tracks in the state was approved May 16 by the Senate and Assembly as part of a state budget package. NYRA must have VLTs in operation at Aqueduct by April 1, 2003.
A deal to give New York racetracks a greater share of proceeds from video lottery terminals appears to be falling apart, according to state budget negotiators.
New York racetrack officials have angered some government budget negotiators with their push for a more lucrative video lottery terminal program.
State negotiators have agreed to pump more money into racetracks to help get New York's new video lottery terminal program up and running this year.
Three former New York Racing Association tellers who offered to launder money to undercover police posing as cocaine dealers pleaded guilty to multiple counts of attempted laundering and conspiracy that could land them lengthy prison sentences.
To end the "destructive competition" and bolster revenues for both entities, the New York City Off-Track Betting Corp. should be merged with the New York Racing Association to create a new industry powerhouse, NYRA chairman Barry Schwartz said.
Plans by the New York Racing Association to build a world-class gambling facility to house video lottery terminals at Aqueduct will have to be shelved because state regulators are requiring tracks to pay too much of the program's expenses.
State regulators in New York have approved a plan for 11,400 video lottery terminals at eight racetracks, but also appear to have dismissed the industry's demand for more help to make alternative gaming profitable.
Permission has been granted for the first time ever in New York for an off-track betting corporation to run a racetrack. After years of battling industry opposition and eventually paying hundreds of thousands of dollars to make the critics go away, Western Regional Off Track Betting Corp. was given approval by state regulators Feb. 27 to reopen Batavia Downs.
The official who is running New York's new racetrack video lottery terminal program said tracks should not expect the state to help with additional funds to cover the costs for installing and operating the VLTs.
Despite plans by the new mayor of New York City to delay the sale of New York City Off-Track Betting Corp., the head of the New York Racing Association said he will make a new pitch to purchase the lucrative corporation.
The new mayor of New York did not include the sale of the New York City Off Track Betting Corp. in his city budget for the coming year, but he is keeping his options open next year.
Video lottery terminals will be coming to Saratoga Springs following approval Wednesday evening by local officials of a resolution permitting the devices at a Standardbred track located just down the road from the New York Racing Association's premier flat track.
A lawsuit is being filed Jan. 29 in the state Supreme Court challenging New York's sweeping gambling legislation that permits most racetracks across to install video lottery terminals.
The new mayor of New York City left open the prospect that he may still proceed with the sale of New York City Off-Track Betting Corp., a deal some of his aides are pushing him to make to raise money for the deficit-ridden city. But whether he will proceed with the sale of the $1-billion betting empire that was begun by his predecessor, Rudolph Giuliani, remains a question.
As racetracks continued to insist they can't make money off New York's new video lottery terminal program, Gov.George Pataki released a state budget proposal that for the first time projects revenue for government from the gambling devices.
The New York Racing Association has submitted plans to state regulators to build a 100,000 square-foot, video lottery terminal area at Aqueduct racetrack, but the chairman of NYRA says the proposal won't work unless the state revises its new video lottery terminal law to give tracks more help with expenses.
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