The financial health of off-track betting corporations in New York is "substantially" deteriorating, and policymakers must react by considering different options.
Churchill Downs Inc. filed a lawsuit April 24 asking a federal court to dissolve the Thoroughbred Horsemen's Group. In a suit filed in U.S. District Court for the Western District of Kentucky, CDI, CDI-owned Calder Race Course, and Churchill Downs Technology Initiatives Co. also are seeking an injunction to prevent the THG and the Florida Horsemen's Benevolent and Protective Association from "agreeing on uniform terms for the sale of signals, boycotting racetracks and ADW operators that do not comply with their demands."
- By Ray Paulick
By Ray Paulick - Russell Baze, unlike former Major League baseball star Rickey Henderson, knows his place in history.
The New York Racing Association is considering pulling the simulcast signal sent to New York City Off-Track Betting Corp.'s in-home bettors.
As the racing industry's breath-holding continues as it awaits the ongoing investigation by the U.S. Attorney's office, it is a question state and federal officials, as well as NYRA's boosters and competitors alike, have been increasingly pondering.
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