The 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.
A respected expert on racing matters has been selected for a new position to advise New York Gov. Andrew M. Cuomo on racing and gambling issues.
The New York Racing Association board of directors awarded raises to several hundred non-union employees -- a day after threatening bankruptcy if a controversial bill involving New York City Off-Track Betting Corp.
Attendance has been light at this year's joint annual meeting of the Thoroughbred Racing Association and Harness Tracks of America at the Hyatt Grand Champions Resort in Indian Wells, Calif.
The federal government has given preliminary recognition to a Long Island Indian tribe, setting in motion development of a possible casino close to the New York Racing Association's two downstate tracks.
The New York Racing Association has filed for Chapter 11 bankruptcy protection, charging that the state of New York's failure to approve a long-stalled casino project for Aqueduct Racetrack has pushed it toward insolvency.
Churchill Downs Incorporated and Magna Entertainment Corp., the two largest track-operating companies in the U.S., announced Friday that they have entered into an agreement to cooperate in the bidding process for the New York racetrack franchise, which is currently held by the New York Racing Association and will expire Dec. 31, 2007.
The New York Racing Association has struck a tentative deal with horsemen on a revenue-sharing arrangement for future proceeds from video lottery terminals at Aqueduct Racetrack.
As the racing industry's breath-holding continues as it awaits the ongoing investigation by the U.S. Attorney's office, it is a question state and federal officials, as well as NYRA's boosters and competitors alike, have been increasingly pondering.
Slot machine exclusivity at New York racetracks may be short-lived, two legislators from the Empire State said on Tuesday during an afternoon session of the Saratoga Institute on Racing and Wagering Law.
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.
Bennett Liebman, who served on the New York State Racing and Wagering Board for 12 years, has accepted a job as counsel to the House racing committee chairman in New York.
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