The New York Racing Association will unveil a brand new $1 minimum wager on May 3, the opening day of Belmont Park's 59-day spring/summer meet.
The chairman of the state panel overseeing the bidding process for New York's Thoroughbred racing franchise dismissed growing speculation that the complex task of awarding a new franchise holder won't begin in earnest until next year.
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.
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.
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 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 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.
Keyed Entry, who was beaten just a neck in the Gotham Stakes (gr. III) at Aqueduct three weeks ago, could be the slight favorite among the nine entered today for Saturday's Wood Memorial (gr. I) at the same track.
Live racing was cancelled at Aqueduct after the third race Wednesday, as a sudden snow storm earlier in the day left the main track conditions sloppy. It was the fourth cancellation of the year, the last coming March 2.
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.
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.
New York racing regulators have approved a plan by the New York Racing Association and Capital District Regional Off-Track Betting Corp. to start players rewards programs for frequent bettors.
After nearly a year of delay, New York racing regulators are due to vote March 28 on a plan by the New York Racing Association to start a players' rewards program for frequent bettors.
New York lawmakers are backing a deal to provide a $5 million loan to the New York Racing Association and provide a $2 million infusion of funds to a Thoroughbred breeding and development fund.
Although they haven't completely closed the door on getting a deal put together, officials at Triple Crown Productions say it is unlikely there will be a joint sponsor this year for the three races.
The charity event formerly known as the Belmont Ball and the Belmont Celebration will have a new name, a new location, and a new entertainment format June 8.
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.
The New York Racing Association will allow horses to ship into its racetracks from Maryland beginning March 18, providing those horses meet certain requirements.
The New York Racing Association's board of trustees Wednesday voted for the additions of Leonard Riggio, Dennis Dammerman and NYRA president and CEO Charles E. Hayward to the board.
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.
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.
A New York state panel approved a deal Tuesday to have the state's obligations owed by the New York Racing Association take a back seat to the $170 million MGM Mirage will be lending to NYRA to build its video lottery terminal casino at Aqueduct racetrack.
A deal to provide a $20-million bailout to the New York Racing Association received Senate approval March 1 and heads to Gov. George Pataki for his signature.
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.
A state panel overseeing the Thoroughbred racing franchise bidding process in New York could ask potential bidders to reply to three different requests for proposal that will vary depending on the future value of the franchise.
After months of delay, the final members of a panel overseeing the Thoroughbred racetrack franchise process in New York have been named.
The New York Racing Association voided a claim Jan. 28 at Aqueduct after its Horse Identification Department discovered the claimed mare--Free Dip--was actually the 5-year-old Miss Stella and had raced under the wrong name in all 27 of her starts.
Friends of New York Racing, a consortium of industry groups and individuals that has been studying and making recommendations on the future of racing in the state, is being formally disbanded at the end of February.
As racing industry leaders discussed the value of Thoroughbred racing at New York's three premier tracks, the company that owns the state's fourth Thoroughbred track, Finger Lakes Gaming & Racing, said it could pursue the New York Racing Association franchise.
Magna Entertainment would be interested in partnering with Churchill Downs for New York's potentially lucrative Thoroughbred racetrack franchise, but wants nothing to do with the New York Racing Association, Magna Chairman Frank Stronach said Jan. 24.
New York Racing Association attendance and handle figures suffered drops in 2005 as compared to the previous year.
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 would add three additional casinos featuring video lottery terminals, which would be permitted to locate near the New York Racing Association's future Aqueduct racino, Gov. George Pataki proposed Jan. 17.
With construction set to start on a video lottery terminal casino at Aqueduct in late January, racetrack, the New York Racing Association is pushing the state of New York to provide an additional $20-million bailout before spring.
A New York state government panel approved a $5-million loan for the New York Racing Association Jan. 9 to keep the association afloat during its 2006 racing season.
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.
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.
All horses shipping onto New York Racing Association properties from Kentucky as of Dec. 31 will be required to be accompanied with a 48-hour Certificate of Veterinary Inspection (CVI), said Rusty Ford of the Kentucky State Veterinarian's office.
New York Governor George Pataki and state officials agreed Dec. 30 to a $30 million bailout plan for the New York Racing Association to help stabilize its finances and keep racing going uninterrupted.
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.
New York's top Republican in the state legislature has called for the creation of a $30-million state fund to help the New York Racing Association overcome its financial crisis while the state speeds up the process to award a new Thoroughbred franchise.
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.
A deal is in the works to provide up to $5 million to the cash-starved New York Racing Association from the sale of land near Aqueduct to the Port Authority of New York and New Jersey.
The former head of the now-defunct New York State Thoroughbred Capital Investment Fund pleaded guilty to felony grand larceny charges, state officials and his lawyer said Dec. 2.
A powerful New York legislator says the Thoroughbred franchise for Aqueduct, Belmont and Saratoga racetracks should be awarded in the next six months in order to ensure the continued viability of racing in the state.
Racetrack officials met with the new leadership of the Jockeys' Guild Dec. 1 to discuss "issues of mutual concern," according to a Guild release.
The auction of 19 pieces of equine artwork by the financially ailing New York Racing Association has been canceled after Sotheby's auction house withdrew the sale under threat of legal action by the state government.
New York Gov. George Pataki, after a day of intrigue at the state Capitol over the leadership of the state's racing regulatory agency, has relieved Michael Hoblock of his duties as chairman of the state Racing and Wagering Board.
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.
The 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.
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