Finger Lakes Casino & Racetrack has started construction on a $12 million expansion of its video lottery terminal facility.
Officials and horsemen at Finger Lakes Gaming & Racetrack are livid over a 12% purse cut they say was necessitated by the ongoing financial difficulties of New York City Off-Track Betting Corp.
Finger Lakes Gaming & Racetrack Oct. 4 will hold the first Charity Cup, which will award various charities money depending on the outcome of six races at the upstate New York racetrack.
As racing industry leaders discussed the value of Thoroughbred racing at New York's three premier tracks, the company that owns the state's fourth Thoroughbred track, Finger Lakes Gaming & Racing, said it could pursue the New York Racing Association franchise.
Finger Lakes, one of the New York racetracks in line to install video lottery terminals later this year, unveiled a 161-day schedule for 2002 that as usual features five-day racing weeks for the most part. The meet is scheduled to begin April 13 and conclude Nov. 30.
The legislation, sponsored by six members of the Republican Senate majority, comes a couple months after a similar bill was introduced by a coalition of Republicans and Democrats in the state Assembly. Whether anything comes of the proposals will be known in the coming months, but advocates said the new Senate bill represents a growing recognition -- at least among lawmakers who represent racetracks -- that VLTs can bolster the racing industry.
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