In an Aug. 23 presentation at the Saratoga Hotel and Conference Center in Saratoga Springs, N.Y., Capital Play CEO Karl O'Farrell called Saratoga Race Course the "crown jewel of New York racing" and pledged his company's commitment to maintaining the historical significance of the track should Capital Play gain the governor's recommendation for the 20-year franchise to operate Belmont, Aqueduct, and Saratoga race courses.
Concerned Citizens for Saratoga Racing, a group that includes several prominent horsemen, Aug. 23 announced their decision to support the New York Racing Association in that organization's bid for the 20-year franchise to operate Saratoga, Aqueduct, and Belmont Park.
Concerned Citizens for Saratoga Racing, a group that includes several prominent horsemen, Aug. 23 announced their decision to support the New York Racing Association in its bid for the 20-year franchise to operate Saratoga, Aqueduct, and Belmont Park.
Agua Caliente has formed a compliance program that establishes a committee to help the organization improve efforts to adhere to regulations in domestic and international jurisdictions in which it does business.
Attendance, on-track handle, and all-sources handle remain up through three weeks of the Saratoga meet when compared with figures for the comparable period in 2006, the New York Racing Association announced Aug. 13.
The New York Thoroughbred Horsemen's Association is breaking its ties with Empire Racing Associates, a move that will further throw into confusion the process for naming a franchise holder to operate Aqueduct, Belmont Park, and Saratoga.
A report by the New York Office of Inspector General to Gov. Eliot Spitzer lists four "general areas of concern" among the four entities seeking the franchise to operate Aqueduct, Belmont Park, and Saratoga, including relationships with rebate shops and bookmakers who take bets on racing from the United States.
Capital Play, one of four bidders for the New York Thoroughbred racing franchise, said June 7 it would funnel $45 million to equine and community programs over a 20-year period should it win the right to operate Aqueduct, Belmont Park, and Saratoga.
New York officials have called a meeting with the four Thoroughbred franchise bidding groups for June 8 to discuss the future "structure" of the franchise to operate Aqueduct, Belmont Park, and Saratoga.
The president of the Saratoga Convention and Visitors Bureau will resign from the post June 29 to take the job of senior vice president of sales and market development for the New York Racing Association.
Former jockey and Hall of Fame member Steve Cauthen, who became the youngest rider to win the Triple Crown when he rode Affirmed to sweep the three classic races as an 18-year-old in 1978, has joined the team of Capital Play, one of four bidders engaged in competition for the franchise rights to Aqueduct, Belmont Park, and Saratoga in New York.
Empire Racing Associates has released the names of a team of racing-operations professionals, many from Churchill Downs Inc. and Magna Entertainment Corp., that will lead its racing transition team should Empire Racing be awarded the New York Thoroughbred racing franchise.
New York Gov. Eliot Spitzer raised the possibility that a decision on who will be the next Thoroughbred racing franchise-holder in the state might not be made before the legislature ends its session near the end of June.
The reported departure of Steve Swindal from the New York Yankees--and his ties to the Steinbrenner family as well--has thrown into doubt the future of Excelsior Racing Associates, the group trying to take over New York's Thoroughbred racetrack franchise. Excelsior Racing, however, said Swindal remains an "integral part" of the team.
Catskill Regional Off-Track Betting Corp., located in upstate New York, has become the latest group to drop out of the process to take over the franchise to operate Aqueduct, Belmont Park, and Saratoga
Officials said New York Gov. Eliot Spitzer doesn't plan to reopen the bidding process for the state's Thoroughbred franchise--but he doesn't feel obligated to follow the recommendation of a screening panel, either.
Empire Racing Associates, which made a bid for the franchise to operate three New York racetracks, released a plan Nov. 30 to protect the historic charm of Saratoga Race Course and strengthen racing there. The plan will form a major part of the proposal Empire Racing will take to the state legislature in January, officials said.
Officials in New York are considering pushing back the Sept. 29 deadline for the recommendation by a state panel on which entity should be awarded the franchise now held by the New York Racing Association.
The first bids for the franchise to operate Aqueduct, Belmont Park, and Saratoga for 20 years beginning in 2008 were submitted Aug. 29 by the current operator and two groups that included developers and casino and racetrack companies allied with Thoroughbred owners and breeders.
Principals in the ownership of and construction of a new stadium for the New York Yankees are similarly committed to strengthening the Thoroughbred racing and breeding industry in New York via the Excelsior Group, Yankees partner Steve Swindal said.
Issuing what he termed a "call to action to horsemen and all of the racing community," New York Racing Association president and chief executive officer Charles Hayward asked horsemen for their cooperation in lobbying Gov. George Pataki for immediate permission to install and operate 4,500 video lottery terminals that have been delayed at Aqueduct.
The New York comptroller has called on the Ad Hoc Committee on the Future of Racing in New York to supplement its request for proposals for Thoroughbred racing franchise-holders to require respondents to specifically address initiatives intended to ensure the integrity of racing and wagering recommended in 2005 by court-appointed federal monitor Getnick & Getnick.
Tim Smith was a racing outsider when he was recruited as the first commissioner of the National Thoroughbred Racing Association in 1998. Now, he's again an outsider--maybe even an outcast--caught up in the acrimony dominating the quest for the franchise to operate the three major Thoroughbred racetracks in New York.
J. Patrick Barrett, chairman of the Ad Hoc Committee on the Future of Horse Racing in New York, will discuss the role and work of the committee over the past year when he delivers the keynote address Aug. 20 at The Jockey Club Round Table Conference in Saratoga Springs, N.Y.
New York Attorney General Eliot Spitzer, the frontrunner in the New York governor's race, said he wants the franchise to run Thoroughbred racing in the state to be awarded sooner than later, and indicated the decision doesn't have to wait until the next governor takes over in 2007.
The chairman of the state panel overseeing the bidding process for New York's Thoroughbred racing franchise dismissed growing speculation that the complex task of awarding a new franchise holder won't begin in earnest until next year.
A state panel overseeing the Thoroughbred racing franchise bidding process in New York could ask potential bidders to reply to three different requests for proposal that will vary depending on the future value of the franchise.
New York Gov. George Pataki is offering $10 million in immediate aid to help keep the ailing New York Racing Association from insolvency, and he pledged to work with legislators on another measure to lend NYRA cash against its future gaming proceeds.
New York's top Republican in the state legislature has called for the creation of a $30-million state fund to help the New York Racing Association overcome its financial crisis while the state speeds up the process to award a new Thoroughbred franchise.