Friends Of New York Racing

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Former NTRA Commissioner Comes Full Circle

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.

'Friends' Releases Legislative Proposal for Racing

New York should permit public and private partnerships to bid on the New York Racing Association franchise, allow bettors to wager via computers, introduce frequent-betting rewards programs at tracks, and approve the merger of the state's off-track betting corporations, according to an ambitious legislative package proposed March 9 by Friends of New York Racing.

NY Tracks, VLTs Worth $2.1 Billion, Study Says

New York state could reap at least $2.1 billion if it auctions off video lottery terminal franchises at Aqueduct and Belmont racetracks, sells the tracks now run by the New York Racing Association, and privatizes the six regional off-track betting corporations now scattered around the state.

FNYR Report: Address Health and Welfare Issues

Friends of New York Racing, formed to advocate a new economic model for the pari-mutuel industry in the state, believes backstretch health and welfare issues should be addressed as part of the selection process for the New York Racing Association franchise.

Report: New York Must Overhaul Racing Laws

New York officials need to act quickly to launch a major overhaul of racing laws to help jumpstart the state's $1.4-billion Thoroughbred racing industry, Friends of New York Racing concluded in its year-end report on the status of pari-mutuel horse racing in the state.

FNYR Study, OTBs Differ on Health of System

Revenue to localities in the six off-track betting regions in New York is down more than 50% from 2000 to 2004, according to the results of a study commissioned by Friends of New York Racing, the organization that seeks to build a better economic model for the pari-mutuel industry in the Empire state. Two OTB corporations, Capital and New York City, have issued responses to the report, which they believe doesn't tell the whole story.

Albany Conference Focuses on Reforms

  • News

The racing and gaming law program of the Albany Law School's Government Law Center will host a New York racing industry working group conference on Nov. 15 at the Albany Law School.

Knowlton Resigns as 'Friends' Director in New York

  • News

Due to his appointment to the Committee on the Future of Racing in New York, Jack Knowlton, managing partner of Sackatoga Stable, has resigned from the board of directors of Friends of New York Racing.

Smith: 'There's Good Consensus for Change' in New York Racing

Continuing on a theme he struck during the Jockey Club Round Table the previous morning, Tim Smith, the president of the Friends of New York Racing, outlined the research group's preliminary findings and recommendations during a public forum Monday at Fasig-Tipton's Humphrey S. Finney sale pavilion in Saratoga Springs, N.Y.

Survey, Questionnaire Reveal Opinions on New York

  • News

A survey authorized by Friends of New York Racing showed many New Yorkers aren't aware of the New York Racing Association's ongoing legal and financial problems, and that they aren't sure how the NYRA franchise should be structured.

Finger Lakes Owner Signs On With 'Friends'

The company that owns Finger Lakes Gaming and Racetrack and operates video lottery terminals at two upstate New York harness tracks has joined the board of directors of Friends of New York Racing, the advocacy organization that seeks to create a better business model for horse racing in the state.

Group's Goal: A Better Model for New York

The future shape of New York's Thoroughbred industry will be the focus of a new group of the nation's leading racing industry insiders, whose chief mission will be to propose a new business model for racing in the state.

MEC Wants to Be Friend of New York Racing

The president of Magna Entertainment Corp. said Dec. 10 the company would like to be part of a new organization -- Friends of New York Racing -- which hopes to reconstruct the economic model for racing in the state and perhaps seek the franchise to operate Aqueduct, Belmont Park, and Saratoga.

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