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New York's top racing regulator said court action is still being considered as a result of the New York Racing Association's plans to auction off 19 pieces of artwork without first getting state approval.
Tuesday, November 22, 2005The New York Racing Association has requested a 257-day racing season for 2006, pending formal submission to and approval by the New York State Racing and Wagering Board.
Friday, November 18, 2005The fall meet at Belmont Park, highlighted by the Breeders' Cup World Thoroughbred Championships Oct. 29, resulted in across-the-board increases in all major business categories. Excluding Breeders' Cup Day, however, average daily attendance and some average daily wagering categories declined from the same meet one year ago,
Thursday, November 17, 2005New York state is threatening legal action against the New York Racing Association and the auction house planning to sell NYRA artwork because it claims it hasn't signed off on the sale of the equine art collection.
Wednesday, November 16, 2005The racing industry's major stakeholders in New York state, more accustomed to battling than cooperation, came together Tuesday, Nov. 15 for an unprecedented gathering to try to reach consensus on ways to improve the state of their financial affairs.
Tuesday, November 15, 2005The New York Racing Association, which hopes to get the state's attention on its current fiscal plight, did itself no favors by the way it hired a bankruptcy law firm to represent it in the event of insolvency if the reaction of the head of a new oversight panel is any indication.
Friday, November 04, 2005A revenue-sharing deal for video lottery terminals at Aqueduct would give horsemen 7.5% of gross gaming revenue for the first three years, and breeders 1.25% for the first five years, once the devices are operating.
Thursday, November 03, 2005Revenue to localities in the six off-track betting regions in New York is down more than 50% from 2000 to 2004, according to the results of a study commissioned by Friends of New York Racing, the organization that seeks to build a better economic model for the pari-mutuel industry in the Empire state. Two OTB corporations, Capital and New York City, have issued responses to the report, which they believe doesn't tell the whole story.
Tuesday, November 01, 2005A state oversight panel said the New York Racing Association may have some fiscal tools in its arsenal to avoid insolvency in November.
Monday, October 31, 2005For the first time in Breeders' Cup history, horses entered in all championship races will be required to pass through a race-day detention barn, keeping in step with security measures set up by the New York Racing Association earlier this year.
Thursday, October 27, 2005New York Racing Association officials are cautiously backing away from comments attributed to NYRA President Charles Hayward concerning the possible closure of Aqueduct if the state grants NYRA another racing franchise after 2007.
Wednesday, October 19, 2005The Thoroughbred Thank You Fund, established by 1986 West Point graduate and retired Army officer Terry Finley, plans to bring 200 New York-based military personnel and West Point cadets to the Breeders' Cup World Thoroughbred Championships at Belmont Park Oct. 29. Included will be New York reservists from the 369th Harlem Hellfighters Battalion and the 69th Infantry, who recently returned from tours of duty in Iraq and Afghanistan.
Wednesday, October 12, 2005As Breeders' Cup officials continued to deal with the fallout from the announcement the New York Racing Association could be nearing insolvency, they indicated Oct. 11 it's all systems go for the Oct. 29 World Thoroughbred Championships at Belmont Park by launching a $2-million marketing push only 18 days before the event.
Tuesday, October 11, 2005The franchise now held by the embattled New York Racing Association, which is facing insolvency by the end of November, should be awarded to a new operator within six months, New York Senate Majority Leader Joseph Bruno said Thursday.
Thursday, October 06, 2005The New York Racing Association could be insolvent by the third week of November unless several plans to raise money and cut expenses occur, NYRA President Charles Hayward told a state oversight panel today.
Tuesday, October 04, 2005The three major racetrack operators -- Churchill Downs Inc., Magna Entertainment Corp., and the New York Racing Association -- have confirmed along with other racing associations and horsemen's groups the renewal of their membership in the National Thoroughbred Racing Association.
Thursday, September 29, 2005The New York Racing Association is now saying the state comptroller didn't approve its plan to sell a large number of parcels of land at Aqueduct.
Friday, September 23, 2005Federal prosecutors have dropped their longstanding criminal case against the New York Racing Association, which officials said cooperated in reforming past episodes of wrongdoing that could have cost it the franchise to operate the tracks.
Tuesday, September 13, 2005Offshore wagering services issued statements Sept. 13 expressing unhappiness with the way rebate shops were portrayed in a report that led to dismissal of charges against the New York Racing Association.
Tuesday, September 13, 2005Due to his appointment to the Committee on the Future of Racing in New York, Jack Knowlton, managing partner of Sackatoga Stable, has resigned from the board of directors of Friends of New York Racing.
Friday, September 09, 2005Attendance dipped slightly and overall handle was also off for the 36-day season at Saratoga Race Course that ended Sept. 5.
Monday, September 05, 2005The New York Racing Association announced Sept. 1 that Irene M. Posio has been promoted to vice president/treasurer and controller, effective immediately.
Thursday, September 01, 2005For Chuck Simon, nothing would be sweeter than scoring his first grade I victory at Saratoga Race Course. He will get the opportunity when he saddles Jay and Gretchen Manoogian's Battle Won in Saturday's $250,000 Forego Handicap (gr. I), going seven furlongs.
Thursday, September 01, 2005The firm Getnick & Getnick, the federal monitor overseeing the operating procedures of the New York Racing Association (NYRA), has delayed submitting a report of their findings to the United States Attorney's office, which will turn over the report to Judge Arthur Spatt, the federal judge overseeing the matter.
Thursday, August 25, 2005New York Racing Association president Charles Hayward and New York Thoroughbred Horsemen's Association president Richard Bomze announced Aug. 22 a trust account has been established to protect horsemen's purse money.
Monday, August 22, 2005Continuing on a theme he struck during the Jockey Club Round Table the previous morning, Tim Smith, the president of the Friends of New York Racing, outlined the research group's preliminary findings and recommendations during a public forum Monday at Fasig-Tipton's Humphrey S. Finney sale pavilion in Saratoga Springs, N.Y.
Monday, August 22, 2005Friends of New York Racing proposes formation of an industry advocacy group to represent all factions in the effort to develop a new structure for the pari-mutuel industry in the Empire state.
Sunday, August 21, 2005Heading into Saturday's $750,000 Alabama (gr. I) at Saratoga Race Course, the question on everyone's mind is if the real Sis City will stand up and win the final leg of the New York Racing Association's Triple Tiara for 3-year-old fillies.
Thursday, August 18, 2005Friends of New York Racing will hold a town hall meeting Aug. 22 in Saratoga Springs, N.Y.
Tuesday, August 16, 2005Saturday's NTRA National Pick 4 wager, offered in conjunction with the "Emirates Airline Super Saturday" series airing on ABC and ESPN through October, drew an enthusiastic response from fans, with a total handle of $1,162,771 and a payoff of $1,301.60 for each $1 winning ticket.
Saturday, August 13, 2005Mike Lakow, who was relieved of his duties as racing secretary in a July shake-up of the New York Racing Association, has been named general manager of John Sikura's Hill 'n' Dale Farm near Lexington.
Thursday, August 11, 2005An omnibus racing bill with provisions that include creation of a new state panel to oversee the operations of the New York Racing Association has been signed into law by New York Gov. George Pataki.
Wednesday, August 03, 2005The New York Racing Association has made significant strides to improve its operations and to bolster the integrity of the racing industry, according to the federal monitor assigned to oversee NYRA during its deferred prosecution period.
Tuesday, August 02, 2005The battle over the franchise to run three New York racetracks got off to an unofficial start Aug. 2 when officials with the New York Racing Association and Magna Entertainment Corp. sparred during an Albany Law School symposium.
Tuesday, August 02, 2005A survey authorized by Friends of New York Racing showed many New Yorkers aren't aware of the New York Racing Association's ongoing legal and financial problems, and that they aren't sure how the NYRA franchise should be structured.
Tuesday, August 02, 2005The New York Racing Association is "100 percent committed" to race day security barns, but has taken immediate action to address concerns expressed by horsemen at Saratoga Race Course, NYRA president Charles E. Hayward said July 29.
Friday, July 29, 2005The New York Racing Association, after discussions with horsemen, is making improvements to its race-day security barns at Saratoga.
Thursday, July 28, 2005The "Thoroughbred Thank You Fund" will bring New York-based military personnel and West Point cadets as special guests to the Breeders' Cup World Thoroughbred Championships at Belmont Park Oct. 29.
Thursday, July 28, 2005The New York Racing Association, in cooperation with the Backstretch Employees Services Team, the New York Thoroughbred Horsemen's Association and Schenectady Family Health Services, has opened a backstretch clinic to help address the health needs of backstretch workers at Saratoga Race Course.
Tuesday, July 26, 2005Owner Daniel Borislow has responded to a probe by the racing commissions in New Jersey and New York concerning the whereabouts of Wild Desert before his win in the Queen's Plate at Woodbine.
Friday, July 22, 2005David A. Smukler has been named senior vice president of human resources and labor relations for the New York Racing Association.
Wednesday, July 20, 2005The day after the New York Racing Association announced major management changes that included the replacement of racing secretary Mike Lakow, industry participants had plenty of questions but got no definitive answers.
Thursday, July 14, 2005The New York Racing Association, preparing for its meet at Saratoga, will continue to face unique challenges when racing begins July 27.
Tuesday, July 05, 2005The first horse to exceed the established limit of 37 millimoles in New York Racing Association's new blood gas testing program has been cleared through a second battery of tests over a three-day quarantine period conducted in the race day security barn at Belmont Park.
Sunday, July 03, 2005Friends of New York Racing, a nonprofit entity formed to devise a new economic model for New York racing, has proposed a profitable public/private structure for the New York Racing Association and installation of video lottery terminals at Belmont Park.
Monday, June 27, 2005In an effort to bolster the Travers Stakes Day card Aug. 27, the New York Racing Association has added the Hopeful Stakes (gr. I) to the stakes lineup that day.
Monday, June 27, 2005The New York Racing Association will be placed under the watchful eye of a state oversight panel, Gov. George Pataki announced June 23, while the bidding process for the rights to the franchise to operate NYRA's three tracks will be accelerated.
Thursday, June 23, 2005The bidding process for the three-track franchise held by the New York Racing Association would be sharply accelerated and NYRA would come under new oversight by the state government under measures being pushed by Gov. George Pataki.
Wednesday, June 22, 2005Under new New York Racing Association guidelines, the minimum amount of Lasix administered to horses has been reduced and trainer declarations for eligibility for the diuretic will no longer be accepted.
Saturday, June 18, 2005The New York Racing Association announced Thursday that it will increase purses for claiming races beginning June 18.
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