Barry Schwartz

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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.

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.

Magna May Have NYC-OTB Inside Track

New York's top Democrat in the state Legislature said New York City Mayor Rudolph Giuliani has told him the city government is inclined to sell its massive off track betting operation to a consortium of racing interests headed by Magna Entertainment.

NYRA's Lower Takeout Rate on Wagers Approved

The New York Racing Association, after agreeing to concessions with the state's off-track betting corporations, won final legislative approval of its plan to lower takeout on betting at its three tracks in New York. Gov. George Pataki must sign the bill.

Hail to the Chief

By Ray Paulick -- Without question, the presence of Bill and Hillary Clinton added a significant buzz to the Belmont.

NYRA Chief Pushes Lawmakers for Lower Takeout

While pushing to take over the New York City Off Track Betting Corp., Barry Schwartz has been busily pressing top state lawmakers at the Capitol in Albany to back him on what has become his other chief lobbying mission this year: lowering the takeout at New York racetracks.

Schwartz: Alliance 'Makes a Lot of Sense'

At the New York Capitol building Tuesday afternoon, legislative sources were already predicting the new partnership of the New York Racing Association, Churchill Downs Inc., and the TV Games Network has a strong edge over the group headed by Magna Entertainment in the bidding for New York City Off-Track Betting Corp.

Pro-VLT Forces Step Up Efforts in New York

Promoters pushing to legalize video gambling at racetracks in New York have stepped up their efforts in recent weeks to make a last-gasp push to get the controversial devices turned on at Thoroughbred and harness tracks. The quiet but intense effort, first reported by The Buffalo News, has been spurred by a new plan to use the state Lottery Division as a possible way to allay concerns about the constitutionality of the machines.

It's Official: Schwartz Replaces Noe at NYRA

Kenny Noe Jr. resigned as CEO and chairman of the New York Racing Association's Board of Trustees at the board's monthly meeting Wednesday, with prominent owner-breeder Barry Schwartz named to replace him.

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