Two former state horseracing officials accused of lying about how much jockeys weighed have filed a $100-million lawsuit against ex-Gov. Eliot Spitzer and state officials a year after charges against them were dismissed.
With the March 12 announcement of the resignation of New York Gov. Eliot Spitzer effective March 17, officials at the New York Racing Association said they don't anticipate his resignation would affect recent legislation that grants NYRA a new franchise. It could, however, impact other aspects of the franchise moving forward.
With another deadline looming that could shut down racing at Aqueduct Feb. 14, rumors are circulating among horsemen that the New York Racing Association might not be willing to accept another temporary extension to keep racing going.
Negotiators in New York have agreed to another temporary extension to keep racing operating while talks continue on a longer-term franchise deal to operate Aqueduct, Belmont Park, and Saratoga, officials said Jan. 21.
Racing will continue to be run at Aqueduct on New Year's Day under an agreement reached Dec. 31, but government negotiators failed to resolve the permanent Thoroughbred franchise issue in New York.
With talks going down to the wire, the New York Racing Association has reached an agreement with a state government oversight panel to at least continue running racing on a brief, temporary basis.
The new head of a state government panel that will oversee Thoroughbred racing in New York Jan. 1, 2008, said he could not guarantee that horses will be running at Aqueduct in two weeks.
With closed-door talks failing to produce a deal on a new Thoroughbred franchise in New York, state officials have begun discussing getting the framework of a deal in place before a Dec. 31 deadline with passage of an agreement by the legislature in early January.
The New York Racing Association, whose annual deficits are "not reflective of operating in a sound and economical manner," underpaid the state of New York by $10.9 million in franchise fees from 2004 to 2005, according to a new audit by state comptroller Thomas DiNapoli.
- By Tom Precious
The New York Racing Association, whose annual deficits are ?not reflective of operating in a sound and economical manner,?? underpaid the state of New York by $10.9 million in franchise fees from 2004 to 2005, according to a new audit by state comptroller Thomas DiNapoli.
A federal bankruptcy court judge has paved the way for the New York Racing Association to emerge from Chapter 11 protection pending the outcome of a vote by creditors.
With a franchise expiration date of Dec. 31 fast approaching, it still remains very unclear who will be in control of Aqueduct, Belmont Park, and Saratoga in 2008 and beyond.
The top Republican in the New York legislature, after months of pessimistic offerings, believes a deal on the state's Thoroughbred franchise could be struck before Thanksgiving if "productive" talks are successful.
A consortium of major horse industry companies vying for the Thoroughbred franchise in new York began falling apart Oct. 10, as Magna Entertainment and Churchill Downs announced their withdrawal from Empire Racing Associates.
Issues related to Belmont Park and the surrounding community will be the focus of the next New York Senate hearing on the franchise to operate the three-track Thoroughbred racing franchise.
The New York Senate Standing Committee on Racing, Gaming, and Wagering will hold the first of three public hearings on the future of the Thoroughbred racing franchise in the state Sept. 27.
New York's top Republican lawmaker said a plan by Gov. Eliot Spitzer to give another exclusive racing franchise to the New York Racing Association will not be approved by the legislature in its current form.
The franchise to operate Aqueduct, Belmont Park, and Saratoga will be front and center Sept. 12 during a meeting of the New York Senate Committee on Racing, Gaming, and Wagering.
New York Gov. Eliot Spitzer has formally recommended the New York Racing Association continue to operate Aqueduct, Belmont Park, and Saratoga racetracks while a separate operator for future casino developments at Aqueduct and possibly Belmont would be tapped down the road.
Saratoga wrapped up a strong 36-day meet Sept. 3 with solid gains in total handle, on-track handle, and attendance, and even set a record along the way.
The New York Senate Committee on Racing, Gaming, and Wagering will hold a meeting Sept. 12 to review Gov. Eliot Spitzer's anticipated recommendation regarding the franchise to operate Aqueduct, Belmont Park, and Saratoga.
A senior advisor to New York Gov. Eliot Spitzer said the governor has not decided on any one plan for the state's Thoroughbred racing franchise, but acknowledged that a slew of ideas "from shutting down Aqueduct to splitting up the franchise" have been on the table.
New York Gov. Eliot Spitzer has vetoed legislation advocates said would have made it easier for tracks and off-track betting corporations to begin bettor rebate programs as a way to compete with off-shore entities and others in the pari-mutuel wagering industry.
Mohegan Sun, which operates one of the world's most successful casinos in Connecticut, has formed a partnership with one of the bidders hoping to run Thoroughbred racing in New York state.
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.
A day after the head of the New York Racing Association expressed optimism about holding onto its Thoroughbred franchise, Gov. Eliot Spitzer praised the new leadership at NYRA for helping the group recover from its legal troubles.
New York Gov. Eliot Spitzer is considering a new Thoroughbred racing franchise model in which separate entities would run the racing and gambling side of business at racetracks.
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 New York Racing Association, struggling under federal bankruptcy protection, is awarding its non-union employees raises and pension increases, officials said May 31.
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.
Four groups vying for the franchise to operate Aqueduct, Belmont Park, and Saratoga will present their proposals during hearings April 10-11 in Albany, N.Y.
Four groups have submitted bids to operate New York's Thoroughbred racing franchise, and a final decision could be made by the end of May.
March 31 is the deadline for bidders interested in the New York Thoroughbred franchise to submit proposals, and they also must undergo an "integrity review" by the state inspector general.
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.
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