A tentative deal to return the New York Racing Association to private hands ran aground April 5 when a broader package of state budget bills that included the NYRA component fell apart at the state Capitol in Albany.
An influential New York state senator this week will take testimony about what the Thoroughbred industry envisions for the future of the New York Racing Association.
New York Gov. Andrew Cuomo is proposing a $2 million tax hike on tracks, off-track betting, and simulcasting operations as a way to increase funding to the state agency that regulates the industry.
Legislation to authorize a statewide standard for rebate programs at New York tracks and off-track betting corporations is before Gov. Andrew Cuomo for his approval or veto.
New York Gov. Andrew Cuomo has signed into law a measure sharply increasing the number of Las Vegas-style casinos permitted in the state, if voters agree to go along with the idea in a statewide referendum this fall.
New York officials are all but certain to put off final negotiations on a play to add up to seven casinos in New York until later in the legislative session.
A lawyer with a long racing and gambling regulatory background will become the top executive of the New York State Gaming Commission, a new agency that legally comes to life Feb. 1 to oversee all gambling-related industries.
Legislation to bring off-track betting back to New York City was vetoed Dec. 17 by Gov. Andrew Cuomo.
Despite Gov. Andrew Cuomo's stinging criticism of its abilities, the New York Racing Association's board of directors will not be replaced before the start of NYRA's financially crucial Saratoga Racecourse meet.
State legislators have tentatively agreed to create a New York Gaming Commission to oversee all aspects of gambling in New York, including horse racing, lotteries and Indian-run and racetrack-based casinos.
The state Senate in New York has approved a measure to pick a new private company to run the closed New York City Off-Track Betting Corp., while the Assembly has backed a bill lowering a surcharge imposed on purses.
The major racino operators in New York are urging the state's new governor and legislative leaders to scuttle a deal made by former Gov. David Paterson with a Wisconsin tribe for a full-fledged casino in the Catskills area.
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