New York Racing Association

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Spitzer: Award Franchise 'As Rapidly As Possible'

New York Attorney General Eliot Spitzer, the frontrunner in the New York governor's race, said he wants the franchise to run Thoroughbred racing in the state to be awarded sooner than later, and indicated the decision doesn't have to wait until the next governor takes over in 2007.

NYRA Trustee Wayne Barr Resigns

The new York Racing Association accepted the resignation of trustee Wayne Barr Jr. at the board's regularly scheduled meeting May 3 at Belmont Park.

Funeral Arrangements Set for Peter Karches

  • News

Funeral arrangements have been finalized for Peter F. Karches, former Co-Chairman of the New York Racing Association, who died April 13 after a long bout with leukemia.

NYRA Adds Purse Bonus in Off-the-Turf Races

  • News

In an effort to keep horses from being scratched in off-the-turf races, New York Racing Association will increase the purse in such events by 20% so long as there are eight betting interests.

Former NYRA Co-Chair Karches Dead

  • News

Peter F. Karches, former co-chairman of the New York Racing Association (NYRA), died while hospitalized in Boston, Mass. April 13 from chronic lymphocytic leukemia, the most common form of adult leukemia.

On-Track, Overall Handle Up at Aqueduct in '06

  • News

On-track handle was up 8.9% for the New York Racing Association at Aqueduct during the first three months of 2006 and average daily handle on NYRA races only improved 2.7% from $8,225,983 to $8,438,303.

Robert Flynn Resigns From NYRA Board

  • News

Robert F. Flynn announced his resignation from the New York Racing Association's Board of Trustees April 7, citing his responsibilities as executive director of the New York Thoroughbred Horsemen's Association.

National Pick 4 Schedule Announced by NTRA

The National Thoroughbred Racing Association announced the 2006 schedule of National Pick 4 wagers available at wagering outlets nationwide March 31. All six wagers are tied to ABC/ESPN racing telecasts.

Delayed Aqueduct VLT Costs Soaring

The projected costs of the New York Racing Association's video lottery terminal casino keep soaring, and state officials are voicing renewed concerns about the delay in building the new gambling facility at Aqueduct racetrack.

NYRA Seeks Rebate OK With New Phone Bet System

The New York Racing Association, through its contract with United Tote, linked with VeCommerce Inc., of Littleton, Mass., on March 7 to provide automated telephone account management and wagering functions to its current NYRA One account holders and any new subscribers from New York and Connecticut.

NYRA to Accept Maryland Shippers March 18

  • News

The New York Racing Association will allow horses to ship into its racetracks from Maryland beginning March 18, providing those horses meet certain requirements.

'Friends' Releases Legislative Proposal for Racing

New York should permit public and private partnerships to bid on the New York Racing Association franchise, allow bettors to wager via computers, introduce frequent-betting rewards programs at tracks, and approve the merger of the state's off-track betting corporations, according to an ambitious legislative package proposed March 9 by Friends of New York Racing.

Empire Racing Board Membership Clarified

The executive director of the New York Thoroughbred Breeders has issued a statement clarifying that he is not a board member of Empire Racing Associates, which has been formed in an effort to be part of a bid for the New York Racing Association franchise.

NY Tracks, VLTs Worth $2.1 Billion, Study Says

New York state could reap at least $2.1 billion if it auctions off video lottery terminal franchises at Aqueduct and Belmont racetracks, sells the tracks now run by the New York Racing Association, and privatizes the six regional off-track betting corporations now scattered around the state.

NYRA Bailout Tied to Hike in Takeout Rate

The New York Racing Association will have to raise pari-mutuel takeout if it is to obtain a $20-million loan from the state of New York, according to language buried in state budget bills introduced the week of Jan. 16.

New York Panel Schedules Public Hearings

The New York state panel involved in the renewal process for a new Thoroughbred racing franchise to replace the New York Racing Association will hold two public hearings later this month to help it carry out its mandate.

Melnyk Resigns as NYRA Trustee

Eugene Melnyk, whose racing stable is one of three finalists for an Eclipse Award as outstanding owner of 2005, has resigned his position on the New York Racing Association's board of trustees, according to a release from NYRA.

Pataki Offers Last-Ditch Plan to Assist NYRA

New York Gov. George Pataki is offering $10 million in immediate aid to help keep the ailing New York Racing Association from insolvency, and he pledged to work with legislators on another measure to lend NYRA cash against its future gaming proceeds.

Report: New York Must Overhaul Racing Laws

New York officials need to act quickly to launch a major overhaul of racing laws to help jumpstart the state's $1.4-billion Thoroughbred racing industry, Friends of New York Racing concluded in its year-end report on the status of pari-mutuel horse racing in the state.

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