The New York Gaming Summit will make its downstate debut in the Hudson River Valley June 21-22, and will discuss the current crisis in the racing industry.
A state task force is recommending a series of changes in the law to address new competition for dwindling betting dollars and repair a situation that has created a damaging war in New York racing.
Despite uncertainty surrounding the viability of a live race meet, Hialeah Park will keep its backstretch and racing surface open for training from November through April 2002.
A transfer of about $650,000 in funds to Calder Race Course on June 12 has ended a dispute between Florida horsemen and Hialeah Park. The funds represent all but $57,000 -- the total of accounts with negative balances -- that remained in horsemen's accounts as of the May 22 closing of Hialeah.
Though Hialeah Park transferred $585,000 of the remaining $1.3 million held in horsemen's accounts to Calder Race Course on June 6, Florida horsemen remain dissatisfied both with Hialeah's failure to transfer the entirety of the balance as well as the track's under-funding of the account.
Hialeah Park has transferred $585,000 of the remaining $1.3 million held in horsemen's accounts to Calder Race Course.
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