New York Yankees partner Steve Swindal said his Excelsior Racing Associates group is already discussing future track management and laying plans to take over racing in New York on Jan. 1, 2008 when, he believes, Excelsior will begin operating Aqueduct, Belmont, and Saratoga racetracks.
Friday, December 08, 2006The state of New York has wired the New York Racing Association $8 million to help ease its immediate fiscal troubles, a funding stream that surprised NYRA officials who earlier in the day had been in court on their first hearing after filing for Chapter 11 bankruptcy protection.
Friday, November 03, 2006The head of a group vying to take over the Thoroughbred franchise from the New York Racing Association is urging Gov. George Pataki to release already-promised state funds to the financially ailing franchise holder.
Friday, October 13, 2006The head of a group vying to take over the Thoroughbred franchise from the New York Racing Association is urging Gov. George Pataki to release already-promised state funds to the financially ailing franchise holder.
Friday, October 13, 2006The New York Racing Association is to blame for the delays in state approvals needed to begin construction on the long-stalled Aqueduct casino project, the leaders of the New York Thoroughbred Horsemen's Association claim.
Thursday, October 05, 2006New York lawmakers are backing a deal to provide a $5 million loan to the New York Racing Association and provide a $2 million infusion of funds to a Thoroughbred breeding and development fund.
Friday, March 24, 2006After months of delay, the final members of a panel overseeing the Thoroughbred racetrack franchise process in New York have been named.
Tuesday, February 07, 2006New York Governor George Pataki and state officials agreed Dec. 30 to a $30 million bailout plan for the New York Racing Association to help stabilize its finances and keep racing going uninterrupted.
Friday, December 30, 2005New 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.
Tuesday, December 20, 2005New York Gov. George Pataki, after a day of intrigue at the state Capitol over the leadership of the state's racing regulatory agency, has relieved Michael Hoblock of his duties as chairman of the state Racing and Wagering Board.
Wednesday, November 30, 2005The New York Racing Association will be placed under the watchful eye of a state oversight panel, Gov. George Pataki announced June 23, while the bidding process for the rights to the franchise to operate NYRA's three tracks will be accelerated.
Thursday, June 23, 2005The bidding process for the three-track franchise held by the New York Racing Association would be sharply accelerated and NYRA would come under new oversight by the state government under measures being pushed by Gov. George Pataki.
Wednesday, June 22, 2005A measure to increase the share of video lottery terminal revenue for New York racetracks, as well as jump-start the long-stalled VLT casinos at Aqueduct and Yonkers Raceway, has been given final approval by Gov. George Pataki.
Wednesday, April 13, 2005A New York state authority that supports Standardbred purses and breeding has lax internal financial controls, according to an audit released Tuesday by state Comptroller Alan Hevesi.
Tuesday, February 15, 2005The franchise for the New York Racing Association should be put out to bid and awarded to an entity that will turn the troubled racing group into a for-profit enterprise, the New York state Legislature's top Republican said Tuesday.
Tuesday, February 08, 2005The New York Racing Association can give free track passes to relatives of owners, trainers and jockeys, under legislation that has been given final approval by the state Legislature.
Friday, August 13, 2004A measure to encourage the operation of video lottery terminals at several big racetracks in New York, including the New York Racing Association's Aqueduct track, collapsed Aug. 12 in Albany amid industry infighting, political intrigue and head-butting among powerful lobbyists.
Thursday, August 12, 2004New York Republican officials are growing increasingly frustrated with Democrats who run the Assembly for blocking a measure to overhaul racing regulation and setting up a new state monitor to oversee the operations at the troubled New York Racing Association.
Thursday, June 17, 2004Racetracks in New York would be permitted to have full Las Vegas-style casinos under new state legislation that also calls for a constitutional amendment to permit non-Indian casinos in the Catskills and Western New York.
Thursday, February 12, 2004The New York Racing Association's political muscle had nothing to do with the deal in which prosecutors agreed to indict NYRA, but not prosecute it if it agrees to certain reforms and pays a $3 million fine, NYRA chairman Barry Schwartz said Thursday.
Thursday, December 11, 2003Gov. George Pataki has rocked the New York racing industry with a plan to dramatically alter the revenue-sharing arrangement for the state's long-stalled video lottery program and also impose a higher tax on pari-mutuel handle.
Monday, February 03, 2003A day after New York Governor George Pataki proposed sweeping changes to the state's racing laws, the head of the New York Racing Association said the plan would end up hurting the industry.
Thursday, January 30, 2003New York Governor George Pataki has proposed changes his administration says will convince racetracks to begin offering video lottery terminals.
Wednesday, January 29, 2003The campaign funds were donated to George Pataki's re-election campaing before they were appointed to the board of trustees, an upstate New York newspaper reports.
Monday, October 30, 2000
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