State investigators wasted little time launching a full-scale probe of the New York Racing Association.
Following an attempt earlier this year by the Indiana legislature to reduce the amount of funds from slots at racetracks that are allotted to the horse racing industry, the Indiana inspector general made the same suggestion.
Empire Racing, the Saratoga-based finalist for New York state's racing franchise, unveiled a corporate integrity program Dec. 5 that includes creation of an independent inspector general and a board of directors integrity task force headed by two independent directors with no financial interests in the company.
A Manhattan law firm with broad investigative experience has been named by a federal judge to oversee the finances and operations of the New York Racing Association to ensure it is in compliance with an oversight process ordered last year by the U.S. Attorney's office.
Most Popular Stories
- EquiLottery, AmTote in Strategic Relationship
- Baffert Seeks 7th Futurity Win with Dortmund
- Trainer Wells Pleads Guilty to Rigging Races
- EVA Vaccines: What You Need to Know
- Red Pollard Seabiscuit Saddle to be Auctioned
- Tax Break on Racehorses Passes Congress
- Untapable, Tapiture Settle in at Fair Grounds
- New York Panel Announces Winning Casino Bids
- New Management for 2015 at Rillito Park
- New Rules Lead to Spike in Indiana Positives