The regional off-track betting corporations in New York will sponsor the 2004 Big Apple Triple, which offers a $250,000 bonus for a horse that sweeps the three stakes.
Wednesday, February 11, 2004Racing was held as scheduled at Saratoga Friday, with only a few changes necessitated by the power outage Thursday that affected an estimated 50 million people in the United States and Canada.
Saturday, August 16, 2003New York City off-track betting parlors would be permitted to install up to 4,500 video lottery terminals under a proposal made May 13 by Gov. George Pataki.
Tuesday, May 13, 2003New York City Off-Track Betting Corp., which faces action by state regulators for opening its parlors on Palm Sunday, April 13, has abandoned plans to open for business Easter Sunday, April 20.
Wednesday, April 16, 2003Top government officials have shot down reports New York City Off Track Betting Corp. may be in line to get video lottery terminals for its betting parlors.
Monday, April 07, 2003The pari-mutuel industry is wrestling with another situation that has already seriously impacted business in some jurisdictions: Restrictions or bans on smoking in public places.
Saturday, March 15, 2003In search of every last penny to balance the city's budget, New York City officials are trying to convince state officials to allow New York City Off-Track Betting Corp. to simulcast Thoroughbred racing at night.
Wednesday, November 27, 2002New York City Off-Track Betting Corp. will begin taking wagers on races from Del Mar in California Aug. 7 as part of a new three-year agreement. It marks the first time in two years NYCOTB is importing races from Del Mar.
Wednesday, August 07, 2002New York City Off-Track Betting Corp. had the second-biggest day in its history on June 8, Belmont Stakes Day, with total handle of $7,850,099.
Wednesday, June 12, 2002New York City Mayor Michael Bloomberg has named Ray Casey, who directed the city's Trade Waste Commission, to head New York City Off-Track Betting Corp., the New York Post reported Feb. 21. Bloomberg also said the city wouldn't sell the betting corporation, at least for now.
Thursday, February 21, 2002Despite plans by the new mayor of New York City to delay the sale of New York City Off-Track Betting Corp., the head of the New York Racing Association said he will make a new pitch to purchase the lucrative corporation.
Wednesday, February 20, 2002The new mayor of New York did not include the sale of the New York City Off Track Betting Corp. in his city budget for the coming year, but he is keeping his options open next year.
Thursday, February 14, 2002The New York Racing Association, apparently seeking to cover its bases in its fight to block the sale of the New York City Off-Track Betting Corp. to a consortium headed by Magna Entertainment, has lured away a top executive from a Magna-owned racetrack.
Friday, September 28, 2001Sweeping proposals for new gambling ventures in New York have moved far off the table in the aftermath of the Sept. 11 terrorist attack on the World Trade Center in Manhattan.
Tuesday, September 25, 2001The New York Thoroughbred Horsemen's Association, in a statement released Aug. 19, said it "firmly believes" the owner of New York City Off-Track Betting Corp. should be the operator of New York's Thoroughbred racing franchise, in this case the New York Racing Association.
Tuesday, August 21, 2001Less than a week after Magna Entertainment was tapped as the winning bidder for New York City Off-Track Betting Corp., the company's chairman, Frank Stronach, said he would like to add the New York Racing Association franchise to his portfolio.
Wednesday, August 08, 2001Four New York Racing Association employees have been indicted as part of a probe by state investigators into an alleged money laundering operation. New York City Mayor Rudolph Giuliani cancelled an 11 a.m. news conference at which he was to announce a group led by Magna Entertainment had won the purchase rights to the New York City Off Track Betting Corp.
Thursday, July 19, 2001A first round of indictments involving allegations of criminal activity at betting window operations at New York Racing Association tracks is expected today, sources said Wednesday. Also Thursday, the winning bidder for New York City Off-Track Betting Corp. is expected to be announced.
Wednesday, July 18, 2001Legislation lowering the takeout at the New York Racing Association's tracks has been signed into law by Governor George Pataki.
Tuesday, July 17, 2001With a decision on the sale of the lucrative New York City Off Track Betting Corp. imminent, one of the groups vying for the contract has hired another influential lobbyist in Albany to help close the deal with state officials if it should emerge victorious in the bidding. The group, led by Magna Entertainment, confirmed Thursday it has retained as its second lobbyist William Powers, who until only last month was the state's powerful Republican Party chairman.
Thursday, March 29, 2001At the New York Capitol building Tuesday afternoon, legislative sources were already predicting the new partnership of the New York Racing Association, Churchill Downs Inc., and the TV Games Network has a strong edge over the group headed by Magna Entertainment in the bidding for New York City Off-Track Betting Corp.
Tuesday, March 27, 2001Promoters pushing to legalize video gambling at racetracks in New York have stepped up their efforts in recent weeks to make a last-gasp push to get the controversial devices turned on at Thoroughbred and harness tracks. The quiet but intense effort, first reported by The Buffalo News, has been spurred by a new plan to use the state Lottery Division as a possible way to allay concerns about the constitutionality of the machines.
Monday, March 12, 2001