New York Racing Association

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Bill Would Clear Way for NYRA Bankruptcy

Bill Would Clear Way for NYRA Bankruptcy

The bill is fairly minor in nature, enacting a series of mostly technical amendments to a law approved earlier this year giving NYRA a 25-year extension to run Aqueduct, Belmont Park, and Saratoga. But NYRA officials have said they could not resolve its bankruptcy proceeding without it.

Casino Drive Owner Gives to Anna House

Casino Drive Owner Gives to Anna House

Nobutaka Tada, managing director of the Japan-based stable that campaigns grade II stakes winner Casino Drive, announced June 24 that stable owner Hidetoshi Yamamoto has donated $30,000 to the Belmont Child Care Association's Anna House.

NY Lawmakers to Look at Several Issues

NY Lawmakers to Look at Several Issues

The still-stalled franchise extension for the New York Racing Association, a new steroid testing lab, and a company to run a casino at Aqueduct Racetrack are all still on the negotiating table June 23 when lawmakers in New York return to the Capitol for the final days of the 2008 legislative session.

NYCOTB Takeover Plan Appears Likely

NYCOTB Takeover Plan Appears Likely

Negotiators in New York the afternoon of June 13 were putting the final touches on legislation in which the state would take control of the New York City Off-Track Betting Corp., thereby averting a shutdown of the city's betting operations for the weekend.

94,476 Attend Belmont; Handle Soars

94,476 Attend Belmont; Handle Soars

The New York Racing Association reported that 94,476 were on hand under sunny skies on a sweltering day at Belmont Park June 7 to witness yet another Triple Crown upset, with longshot Da' Tara going wire to wire in the 140th Belmont Stakes (gr. I). The victory ended heavily favored Big Brown's attempt to become the first Triple Crown winner since Affirmed in 1978.

NYRA Delivers Partnership with UPS

NYRA Delivers Partnership with UPS

The New York Racing Association and UPS have announced a partnership agreement for the Belmont Park Spring race meeting, including the June 7 Belmont Stakes (gr. I). The deal is being made in association with ABC Regional Sports Sales.

Track Supers: Don't Diss Dirt Just Yet

Track Supers: Don't Diss Dirt Just Yet

On the second day of the Track Superintendent Field Day at Keeneland June 3, the focus was turned toward dirt tracks, as a panel of six superintendents from across the nation talked about various methods used on the surfaces.

Compromise Urged on New York City OTB

Compromise Urged on New York City OTB

With the clock ticking on the closure of the New York City Off-Track Betting Corp., officials from the Bloomberg administration are stepping up their calls for industry stakeholders to compromise on a bill or face the loss of more than $100 million in OTB distributions.

Mixed Signals from Paterson on NYRA Deal

New York Gov. David Paterson is sending mixed signals on whether he wanted to re-open talks with the New York Racing Association over its deal for a new franchise to operate Aqueduct, Belmont and Saratoga racetracks.

NYRA, Mid-Atlantic Agree on Simulcasts

New York Racing Association simulcasts will return to 16 East Coast tracks, thanks to an agreement signed May 8 between the NYRA and the Mid-Atlantic Cooperative.

New York Officials Working to Save OTB

New York Officials Working to Save OTB

State officials are working on a plan to help keep the New York City Off Track Betting Corp. from shutting by shaving up to 20% of revenue-sharing the OTB now makes to various entities, including the New York Racing Association, out-of-state tracks, and breeding programs.

Second Group of Tracks Has No NYRA Deal

Second Group of Tracks Has No NYRA Deal

Another group of racetracks won't be importing the signal from Belmont Park beginning April 30 because they collectively have failed to strike a deal on signal rates with the New York Racing Association.

NYRA Promotes Campo, Bracken, and Thill

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NYRA Promotes Campo, Bracken, and Thill

The New York Racing Association has hired Paul J. Campo as vice president and director of racing; Elizabeth Bracken as vice president and director of simulcast sales and content acquisition; and Tom Thill as vice president and chief information officer.

NYRA, Jockey Club to Host Belmont Bash

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NYRA, Jockey Club to Host Belmont Bash

The "Rags to Riches Belmont Bash," hosted by the New York Racing Association and The Jockey Club, will be held June 5 at the Clubhouse at Meadowbrook Pointe in Westbury, N.Y. Proceeds from the event will benefit the Grayson-Jockey Club Research Foundation and the Belmont Child Care Association. Tickets are $250.

NYRA Net Operating Loss at $34 Million

The New York Racing Association reported total net operating losses of $34.28 million in 2007. That figure is nearly double from 2006, when total net losses reached $17.83 million.

Resignation's Impact on NYRA Unclear

Resignation's Impact on NYRA Unclear

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.

HRTV Now Showing NYRA Races

HRTV Now Showing NYRA Races

HorseRacing TV began showing races from Aqueduct Feb. 21 after being granted the non-exclusive rights to provide the New York Racing Association circuit to its viewers as the result of an agreement reached in late December.

NYRA OK, But OTB Closure Looming

NYRA OK, But OTB Closure Looming

Legislation giving the New York Racing Association a 25-year extension of its exclusive Thoroughbred franchise was signed Feb. 19, Gov. Eliot Spitzer said. Meanwhile, the mayor of New York City reiterated that New York City Off-Track Betting Corp. can't continue under its current arrangement with the state.

NYRA Wins 25-Year Franchise

NYRA Wins 25-Year Franchise

The New York Racing Association, written off as dead a year ago by its competitors, has won the rights to a 25-year exclusive franchise to continue operating Aqueduct, Belmont, and Saratoga racetracks.

NYRA Franchise Deal Approved

NYRA Franchise Deal Approved

The New York Racing Association will run racing for the next 25 years under legislation approved February 13 that provides hundreds of millions of dollars in direct aid and loan forgiveness to NYRA and new oversight abilities by the state.

Bruno: 'Scare Tactics' Must End

Bruno: 'Scare Tactics' Must End

While unveiling what he called the framework of a Thoroughbred franchise agreement, Senate Majority Leader Joseph Bruno blasted the New York Racing Association Feb. 7 for attempting to scare its workers and horsemen by threatening a shutdown Feb. 14.

NYRA Deal Said to Be Within Reach

NYRA Deal Said to Be Within Reach

A tentative deal is within reach to give the New York Racing Association a 25-year franchise to run Aqueduct, Belmont Park, and Saratoga, legislative sources said Feb. 6, the same day NYRA indicated live racing at Aqueduct could end Feb. 14.

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