Federal prosecutors have dropped their longstanding criminal case against the New York Racing Association, which officials said cooperated in reforming past episodes of wrongdoing that could have cost it the franchise to operate the tracks.
The battle over the franchise to run three New York racetracks got off to an unofficial start Aug. 2 when officials with the New York Racing Association and Magna Entertainment Corp. sparred during an Albany Law School symposium.
Magna Entertainment Corp., even though the New York Racing Association rejected its partnership proposal, continues to have a keen interest in New York racing, president Jim McAlpine said.
New York state has no choice but to give the New York Racing Association an extension of its franchise if it wants to get video lottery terminals operating at Aqueduct, NYRA chairman Barry Schwartz said.
Most Popular Stories
- Barbaro Brother Lentenor to Stand in Indiana
- TOBA November Member of the Month
- Normandy Invasion, Itsmyluckyday Return
- Preakness Purse Increased to $1.5M in 2014
- The Handicapping Show: CashCall Futurity
- Outstanding Field Set for CashCall Futurity
- Slideshow: New Sires of 2014
- TOBA Ownership Webcasts
- R Free Roll Aims to Tumble Sugar Swirl Rivals
- CA Stakes Winner Gig Harbor to Victory Rose