New York Gov. Andrew Cuomo made a deal with an upstate Native American tribe to block casino competition in return for settlement of long-standing land claim issues and the state getting a share of tribal casino's revenue.
Thursday, May 16, 2013Gov. Andrew Cuomo said there is a big enough appetite for gambling in New York to permit the state to expand casino operations while protecting the interests of existing racetrack-based casinos.
Thursday, May 09, 2013The New York Gaming Association April 29 released a report that shows its nine racetrack-based casino facilities generated $1.8 billion in gross gaming revenue in 2012 and turned over $823 million in taxes to the state.
Monday, April 29, 2013
Less than a year after the New York Racing Association hired a veteran lawyer to help clean up its reputation in the wake of the betting takeout scandal, the now state-run racing corporation is moving to find a replacement.
Friday, March 29, 2013
Hoping to convince state officials to give them full-blown casino rights, New York's racino operators say their financial performance continues to improve and is outpacing percentage returns of casinos in nearby states.
Friday, February 15, 2013
New York's growing gambling industry is now being regulated by a single state agency with vast powers over the individuals and companies involved in everything from Thoroughbred racing to Indian casino operations.
Friday, February 01, 2013
The New York Senate's top Republican wants Belmont Park to be included in the list of possible casino expansion locations.
Wednesday, January 30, 2013
New York's chief regulator of the racing industry is stepping down Jan. 11, just weeks before a new uber-agency to oversee all gambling related activities in the state comes to life.
Wednesday, January 09, 2013
New York Gov. Andrew Cuomo is pushing lawmakers to pass the second required piece of legislation to allow up to seven new casinos in New York State.
Wednesday, January 09, 2013New York Gov. Andrew Cuomo said he does not believe specific locations have to be identified before voters might get their say next year on possible sites for up to seven new casinos.
Tuesday, December 18, 2012
The board is expected to adopt a new code of ethics for board members and employees and put in place legal requirements regarding disclosure of outside business activities by board members.
Tuesday, December 11, 2012Long accustomed to holding board meetings in secret, the New York Racing Association will cease the closed-door practice and follow the state's open meetings law by making the gatherings open to the public.
Wednesday, November 07, 2012
The New York Racing Association is now the nation's largest state-controlled racing entity, paving a new and highly uncertain future for the not-for-profit corporation that has seen its highs and lows.
Thursday, October 18, 2012
New York Gov. Andrew Cuomo today signed a new law creating a three-year takeover by the state of the embattled New York Racing Association.
Monday, October 01, 2012
A task force has determined the spate of fatal racehorse breakdowns at Aqueduct Racetrack this past winter was primarily the result of structural deficiencies in rules and regulations employed by NYRA and racing regulators.
Friday, September 28, 2012New York state officials are looking to fast-track development of two under-used parcels at Belmont Park, but are clearly backing away from plans developed four years ago for a possible VLT facility at the site.
Friday, September 07, 2012
New York lawmaker John Bonacic is opening the door to permitting more casinos in the state than the maximum of seven facilities being eyed by the governor and the legislature.
Wednesday, August 15, 2012Legislation making it more attractive to breed horses in New York has been signed into law by Gov. Andrew Cuomo.
Wednesday, August 01, 2012
New York's nine racinos saw their highest-ever win-per-machine totals during the recent July 4 holiday week on the more than 17,000 video lottery terminals operating in the state.
Tuesday, July 17, 2012
An annual report released by a state government panel overseeing the New York Racing Association's finances reached an obvious conclusion: it's been a rough year for the organization.
Thursday, July 05, 2012
New York Gov. Andrew Cuomo and legislative leaders have reached an accord on the temporary takeover of the New York Racing Association by the state government.
Sunday, June 17, 2012
New York Gov. Andrew Cuomo is making clear that racetrack operators will not get their wish to get exclusive rights for new, Las Vegas-style casinos if New York next year approves a sharp expansion of gambling.
Monday, June 04, 2012
New York Gov. Andrew Cuomo is backing off plans to construct a massive casino and convention center with a Malaysian-based gambling conglomerate on the grounds of the Aqueduct Racetrack.
Friday, June 01, 2012
Top state officials continued to pound the New York Racing Association, a day after regulators suggested its exclusive franchise to operate the state's major Thoroughbred tracks could be in jeopardy.
Wednesday, May 16, 2012NYRA is under investigation for illegally maintaining a higher takeout rate on some exotic wagers for 15 months. The governor said his administration is working on a "reform package."
Wednesday, May 09, 2012State investigators wasted little time launching a full-scale probe of the New York Racing Association.
Tuesday, May 01, 2012The sale of a former destination resort complex in the Catskills region of New York has been finalized, with its new owners hoping to become casino operators if the state legalizes expanded gambling ventures next year.
Friday, April 27, 2012
The New York Racing Association took in $22.1 million in gross revenues during the first three months of the year from its new Aqueduct casino. But the question for NYRA is simple: will it last?
Thursday, April 19, 2012Hours after lawmakers approved an initial step to expand non-Indian casino gambling in New York, Gov. Andrew Cuomo raised the possibility that no racetrack casino will be among the future sites in the state.
Thursday, March 15, 2012The administration of New York Gov. Andrew Cuomo has sent a letter to the New York Racing Association advising it to hire an investigator to analyze 15 fatal breakdowns that have occurred at Aqueduct since Nov. 30.
Wednesday, March 14, 2012
The governor of New York is still not ready to divulge where he thinks new casinos should be located in the state, but said people are in a "state of denial" if they think casino gambling does not already exist in New York.
Thursday, March 08, 2012
New York Gov. Andrew Cuomo wants to eliminate the state's chief racing industry regulatory body and merge it with an agency that now runs the state's lottery and racetrack VLT programs.
Tuesday, January 17, 2012
New York Gov. Andrew Cuomo defended his plan to have a private company construct the world's largest convention center next to Aqueduct in the face of a new public poll in which most New Yorkers oppose the idea.
Monday, January 16, 2012
Genting New York is considering an initial expansion into a 70,000-square-foot area at Aqueduct Racetrack if the state legalizes additional forms of gambling, including table games.
Friday, January 06, 2012
With state money tight, New York Gov. Andrew Cuomo is proposing a plan to create the world's largest convention center at Aqueduct financed by the operator of the track's new casino facility.
Wednesday, January 04, 2012
New York Gov. Andrew M. Cuomo announced Aug. 8 that Churchill Downs Technology Initiatives Company will open a call center in Amherst, N.Y., to handle the New York Racing Association's telephone betting services.
Monday, August 08, 2011With a 2.75% proposed surcharge on purses, New York lawmakers look to find alternate ways to make up the gap; disagree on how to proceed.
Tuesday, March 22, 2011New York racetrack casinos lost a major potential competitor Feb. 18 after federal officials rejected a plan for a sprawling, full-blown casino just 90 miles from Manhattan.
Friday, February 18, 2011
If New York senators don't approve a reorganization plan, the country's largest off-track betting operation will run out of money. Closing NYCOTB will mean 1,034 people will lose jobs.
Tuesday, November 30, 2010Getting a casino at Aqueduct could be delayed further by political in-fighting.
Thursday, February 04, 2010
New York Gov. David Paterson and legislative leaders have tapped Aqueduct Entertainment Group to run a sprawling new video lottery terminal casino at Aqueduct.
Friday, January 29, 2010