BloodHorse.com | Horse Racing News

BloodHorse.com Articles for "Barry Schwartz"

NYRA's Mystery Voucher Promo Stopped Mid-Stream

After mailing out 180,000 vouchers to its fans, the New York Racing Association has scuttled its marketing tool known as the "mystery voucher'' program after state regulators ordered new safeguards implemented in the program.

 Wednesday, July 16, 2003

NYRA Shelves Plan to Lower Takeout at Spa Meet

The New York Racing Association, facing legal and political battles on a growing number of fronts, will not be getting its request to lower takeout on bets for the upcoming Saratoga meet.

 Wednesday, July 02, 2003

New York AG Approves of NYRA Action on Security, Money-Handling

New York Attorney General Eliot Spitzer said he came away from a one-hour meeting with New York Racing Association Chairman Barry Schwartz convinced that NYRA will now be taking steps to improve the operations he sharply criticized last month following a three-year investigation.

 Wednesday, July 02, 2003

Casino Mogul Trump Joins List of NYRA Critics

Using a smiling, cigar-chomping photograph of gangster Al Capone atop a caption saying "he would have loved'' the thought of putting slot machines at New York Racing Association tracks, casino mogul Donald Trump has joined in on the growing chorus of NYRA critics.

 Tuesday, July 01, 2003

No Approval Yet for NYRA Plan to Lower Takeout

The embattled New York Racing Association, currently fighting off blistering investigations by state authorities over its operations, discovered June 25 that nothing is a sure thing anymore.

 Wednesday, June 25, 2003

It's Official: 2005 Breeders' Cup to Belmont Park

Officials of the National Thoroughbred Racing Association and Breeders' Cup Limited have reached an agreement in principle with the New York Racing Association making Belmont Park in Elmont, N.Y., the host site for the 2005 Breeders' Cup World Thoroughbred Championships.

 Tuesday, June 24, 2003

It's Official: 2005 Breeders' Cup to Belmont Park

Officials of the National Thoroughbred Racing Association and Breeders' Cup Limited have reached an agreement in principle with the New York Racing Association making Belmont Park in Elmont, N.Y., the host site for the 2005 Breeders' Cup World Thoroughbred Championships.

 Monday, June 23, 2003

NYRA, Horsemen Strike Agreement on VLT Revenue

A dispute over video lottery terminal revenue splits has been resolved by the New York Racing Association and the group that represents horsemen at NYRA-operated racetracks.

 Friday, May 30, 2003

Additional VLT Revenue for NYRA Disputed by Horsemen

The head of the horsemen's group at New York Racing Association tracks said he is in no rush to share additional video lottery terminal revenue with NYRA.

 Saturday, May 17, 2003

Belmont Ball to Honor Affirmed and Reeves

Richard Stone Reeves, the international equine artist, and Affirmed, the 1978 Triple Crown winner, will be honored at the Belmont Ball at Belmont Park on June 5.

 Tuesday, May 13, 2003

Schwartz: VLTs Hinge on Agreement With Horsemen

The New York Racing Association cannot proceed with its video lottery terminal program unless it strikes a deal with its horsemen to reduce the revenue-sharing for purses in the later years of the program, NYRA chairman Barry Schwartz said.

 Friday, May 09, 2003

NYRA Chief: VLT Revenue for Racing Poised to Grow

New York is poised to give a greater share of video lottery terminal revenue to racetracks and at the same time add more to education, New York Racing Association chairman Barry Schwartz said April 18.

 Thursday, April 17, 2003

Horse Racing Has Good Chance...But There Are Catches

The horse racing industry should be pretty healthy 20 years from now -- if it properly embraces technology, expanded wagering opportunities, alternative gaming, and the breeding side of business remains vital, top racetrack officials said March 14.

 Friday, March 14, 2003

New York Racing Industry Upset With VLT Plan

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.

 Monday, February 03, 2003

Reaction Mixed to Pataki Plan on VLTs at Tracks

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.

 Thursday, January 30, 2003

For Schwartz, It's All NYRA, All The Time

With the sale of Calvin Klein, look for Barry Schwartz to spend far more time around his passion: horses.

 Friday, December 20, 2002

Turnofthecentury to Justaplain in Pennsylvania

Grade II winner Turnofthecentury has been retired and will enter stud at Justaplain Farm near Cochranville, Pa.

 Wednesday, November 13, 2002

NYRA and Trump in VLT Deal? It's Possible

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.

 Friday, September 27, 2002

No Live Racing at Belmont Park on Sept. 11

The New York Racing Association has submitted a request to the New York State Racing and Wagering Board to be dark on Wednesday September 11 and run instead on Monday Sept. 9.

 Thursday, August 15, 2002

NYRA Chairman Criticizes Magna Investment in Maryland

Early in a program about the Saratoga season at the National Museum of Racing Monday night, New York Racing Association chairman Barry Schwartz criticized the recent purchase of a majority interest in the Maryland Jockey Club by Frank Stronach's Magna Entertainment.

 Wednesday, July 24, 2002

NYRA Widens Gap Between State-Bred, Open Races

Breaking a decades-old policy, the New York Racing Association has changed the purse levels for state-bred and open company maiden and allowance races.

 Thursday, June 27, 2002

Guilty NYRA Clerks Fired

The New York Racing Association has announced it has terminated the 16 pari-mutuel employees who pleaded guilty this week to charges relating to federal tax fraud.

 Wednesday, June 26, 2002

NYRA Has Capital Plan for $100 Million in Loans

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.

 Monday, June 24, 2002

NYTWA to Honor Phipps and Other New Yorkers

The New York Turf Writers Association is readying for its annual awards dinner, held this year on Aug. 19. Among this yera's honorees are Ogden Phipps.

 Wednesday, June 19, 2002

VLT Operating Hours Still Hot Issue in New York

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.

 Friday, June 14, 2002

NYRA Hires Governor's Adviser to Serve as Counsel

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.

 Wednesday, June 12, 2002

Schwartz Hopeful for Record Belmont Crowd

New York Racing Association chairman and CEO Barry Schwartz said Saturday morning at Belmont Park that he is hoping for one thing -- a crowd of more than 85,818. All indications are he might just get it.

 Saturday, June 08, 2002

NYRA Franchise Extension Approved by Legislature

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.

 Wednesday, May 15, 2002

Schwartz Proposes Merger of NYRA, Off-Track Betting Corp.

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.

 Monday, April 08, 2002

Schwartz: Aqueduct VLT Plan Must be Scaled Back

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.

 Tuesday, April 02, 2002

New York VLT Plan Moves Ahead

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.

 Monday, March 25, 2002

'Feel Good' Story of the Year: Golden Tent Claimed, Retired

Golden Tent made his 118th -- and final -- start at Philadelphia Park in the fourth race Monday, and now heads into retirement at the Manorville, N.Y. farm of the New York Horse Rescue, having earned better than $730,000.

 Monday, March 04, 2002

New York Official: Tracks Won't Get Help on VLTs

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.

 Wednesday, February 27, 2002

New York City OTB Gets New Boss

New York City Mayor Michael Bloomberg has named Ray Casey, who directed the city's Trade Waste Commission, to head New York City Off-Track Betting Corp., the New York Post reported Feb. 21. Bloomberg also said the city wouldn't sell the betting corporation, at least for now.

 Thursday, February 21, 2002

NYRA Plans to Make New Pitch for NYCOTB

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.

 Wednesday, February 20, 2002

Saratoga Officials Approve VLTs For Harness Track

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.

 Thursday, February 14, 2002

NYRA: Gulfstream Product Not Worth the Effort

The New York Racing Association has ended dark-day simulcasting at Aqueduct, and its chairman, Barry Schwartz, targeted the product at Gulfstream Park as the main reason for the move. The president of Gulfstream disagrees with Schwartz's assessment of the product.

 Thursday, January 31, 2002

NYRA Plans 100,000-Square-Foot VLT Area at Aqueduct

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.

 Monday, January 21, 2002

Looking Ahead: Predictions for 2002

Members of the Thoroughbred industry share their hopes and predictions for 2002.

 Thursday, January 03, 2002

New York Tracks Worry About Costs of VLT Program

Other tracks in New York have joined the New York Racing Association in condemning aspects of the state's new law that authorizes video lottery terminals. They claim state government is forcing them to pick up too many of the costs of the program.

 Thursday, December 20, 2001

Schwartz: Video Gaming Not a Panacea

The video lottery terminals proposed for New York racetrack appear to be less of a good deal than was expected when a law that permits them was rushed through two months ago, the head of the New York Racing Association said.

 Sunday, December 09, 2001

Schwartz: Video Gaming Not a Panacea

The video lottery terminals proposed for New York racetrack appear to be less of a good deal than when a law that permits them was rushed through two months ago, the head of the New York Racing Association said.

 Sunday, December 09, 2001

Decision on VLTs in Saratoga Springs Due By Mid-January

The head of the government panel that will decide the fate of whether video lottery terminals will come to Saratoga Springs said officials have no plans to linger over the controversial matter.

 Monday, November 26, 2001

Saratoga Springs May Be VLT Battleground

As a new, sweeping gambling package was signed into law in New York, forces were already lining up for a potentially nasty battle over whether to permit video lottery terminals in Saratoga Springs, the state's healthiest Thoroughbred community.

 Monday, November 05, 2001

David to Dutchess Views in New York

Barry Schwartz's homebred New York stakes winner David arrived Oct. 29 at Dutchess Views Farm near Pine Plains, N.Y., where he will stand the 2002 breeding season for $3,000 live foal.

 Wednesday, October 31, 2001

NYRA Chairman Backs VLTs at Aqueduct; Wants Harness Included

The chairman of the New York Racing Association said Saturday he would welcome video lottery terminals at Aqueduct Raceway, but insists the state's ailing Standardbred tracks should also be included in any VLT proposal now being eyed by state officials.

 Saturday, September 08, 2001

NYRA to Support VLT Legislation; Schwartz Rips Stronach

At a press conference at Saratoga Race Course on Wednesday, New York Racing Association chairman Barry Schwartz announced that the board of trustees of the NYRA agreed to support the introduction of video lottery terminals at Aqueduct and Belmont Park under conditions that would further the racing industry in New York State.

 Wednesday, August 08, 2001

It's Official! Magna Is Winning Bidder For NYCOTB

Setting the stage for a nasty battle between two racing giants, New York City Mayor Rudolph Giuliani Thursday afternoon tapped a group led by Frank Stronach's Magna Entertainment over the New York Racing Association as the winning buyer of the lucrative New York City Off Track Betting Corp.

 Thursday, August 02, 2001

Interacting With NYRA Chief Schwartz

Barry K. Schwartz, chairman of the New York Racing Association, will participate in a Guest Forum tonight, Tuesday, July 24, from 5:00-6:00 p.m. (EDT).

 Tuesday, July 24, 2001

Lower Takeout Signed into Law in New York

Legislation lowering the takeout at the New York Racing Association's tracks has been signed into law by Governor George Pataki.

 Tuesday, July 17, 2001