New York's top fiscal watchdog said the New York Racing Association's portrayal of its financial improvements have been artificially inflated after an audit found the not-for-profit operation has run up deficits of $109 million on the racing side.
The New York Racing Association would be returned to private hands, though with a leash from state government that has controlled its operations over the past four years, according to legislation proposed June 8 by Gov. Andrew Cuomo.
The New York Racing Association (NYRA) and FOX Sports have announced a multiyear agreement to telecast NYRA racing live from Saratoga Race Course beginning this season on the FS2 national sports channel.
John Hendrickson, who operates a Saratoga Springs, N.Y.-based stable with his wife Marylou Whitney, resigned in frustration as a special adviser to the state-run New York Racing Association’s board of directors.
The New York Racing Association will match all prize money won by registered American Thoroughbreds on opening day of the 41st annual Hampton Classic Horse Show as an incentive to promote the presence of the breed in the show ring.
Joe Clancy of ST Publishing and Richard Rosenblatt of The Associated Press earned top honors in the New York Racing Association's seventh annual Joe Hirsch Memorial Writing Contest.
New York's racetrack-based casinos are under fire from two key legislators for trying to get the industry included in a measure under consideration at the state Capitol to legalize fantasy sports wagering.
A measure to end the state's control of the New York Racing Association is advancing in the New York legislature, and a key lawmaker said Gov. Andrew Cuomo has still not revealed his own idea for the future of the racing organization.
Another Saratoga Springs-based organization has issued a call for privatization of the New York Racing Association as state lawmakers work on legislation that will shape the future structure of the organization.
As it waits for a decision on the future of the New York Racing Association, the organization's board of directors May 25 spent less than five minutes discussing rumors of a proposal that would keep the association under state control.
Senate bill proposes a 15-member board with a mix of private and public representatives.
The New York Racing Association board of directors, at a meeting scheduled for May 25, will consider a resolution for election or re-election of its corporate officers.
Lawmakers at the New York state Capitol are considering a "hybrid" public and private composition for the future leadership of the New York Racing Association.
The New York Racing Association announced May 17 its national advance deposit wagering platform will be available in July to coincide with the 2016 Saratoga Race Course meet.
After years of discussion, New York Racing Association officials May 3 said they are planning a 2017 capital budget expense associated with installing a synthetic surface at Aqueduct Racetrack.
Highlighted by the 148th renewal of the $1.5 million Belmont Stakes (gr. I) on Saturday, June 11, Belmont Park will kick off its 54-day spring/summer meet on Friday, April 29.
Prominent Thoroughbred owner Stuart Subotnick will be honored at the 2016 Belmont Stakes Charity Celebration held Thursday, June 9, at the Bryant Park Grill in New York City.
Three-and-a-half years after being put under state control by Gov. Andrew Cuomo, the New York Racing Association board of the directors approved a plan April 12 for a return to privatization at a meeting in New York City.
The president of the New York THA said it's disappointing that revenue from the planned 1,000 new VLTs at Aqueduct won't produce revenue for purses and the New York Racing Association.
Shadwell Stable's homebred Bernardini colt could step up in a big way in the April 9 Wood Memorial (gr. I), New York's final stepping-stone to the May 7 Kentucky Derby (gr. I).
The New York Racing Association canceled Aqueduct Racetrack's live racing program April 3 because of extremely high winds in the New York metropolitan area.
Edward "Buddy" Bishop, 80, served as registrar for 19 years.
With the Kentucky Derby Presented by Yum! Brands (gr. I) fast approaching, New York's off-track betting corporations and Churchill Downs Inc. have resumed negotiations to end a bitter dispute over simulcast fees.
The 2015 Belmont Stakes presented by DraftKings (gr. I), in which American Pharoah became a Triple Crown winner, has been chosen as a finalist for Sports Event of the Year by Street & Smith's Sports Business Journal.
It's too soon to know if Jose Ortiz will have a Derby ride this year, but he did pilot the promising Matt King Coal to an allowance win March 6. The son of Cool Coal Man is under consideration for the Wood Memorial (gr. I).
The New York Racing Association is preparing to return to private control, board chairman Michael Del Giudice said at a meeting of the association's board of directors March 10 in New York City.
The New York Racing Association board of directors March 10 voted to support federal legislation that would grant USADA authority over equine medication and testing.
Aqueduct Racetrack has earned reaccreditation from the National Thoroughbred Racing Association Safety and Integrity Alliance, the organization announced March 3.
West Point Thoroughbreds, provider of Thoroughbred racing partnerships, has hired Teal Albertrani as director of customer service based at WPT headquarters in Saratoga Springs, NY.
For the second consecutive day, racing at Aqueduct Racetrack was canceled Feb. 14 due to extreme winter weather conditions including high winds and sub-zero wind chills.
Two prominent employees of the New York Racing Association are leaving their positions in February. Director of communications John Durso Jr. and chief security officer George Venizelos have taken private-sector jobs.
With a winter storm blowing through the Northeast and one to three inches of snowfall forecast, Aqueduct Racetrack canceled live racing for Friday, Feb. 5.
The New York Racing Association will make contributions to the Thoroughbred Aftercare Alliance on a per-start basis at Aqueduct Racetrack, Belmont Park, and Saratoga Race Course for 2016.
A trio of new marathons, two of them for fillies and mares, will offer horsemen and fans at Belmont Park an exclusive opportunity to experience some of the longest stakes races available in American racing.
A New York lawmaker, sharply critical of the Nassau Off-Track Betting Corp. bid to try to locate a casino at Belmont Park racetrack, has introduced a measure banning casinos by either of the two Long Island-based OTBs.
The trainer is off to a good start this year with three wins in January, including two Jan. 17. One of those came with Majestic Jessica, owned by J and M Racing Stables, for whom Barbara has been training for eight years.
The Belmont Stakes Racing Festival and Stars and Stripes Day during the spring/summer meet at Belmont Park and the Whitney and Travers Stakes days at Saratoga Race Course highlight the NYRA stakes calendar.
The New York Racing Association announced Jan. 22 that tickets for the 2016 Belmont Stakes Racing Festival will go on sale at 10 a.m. Jan. 28.
Mechanicville, N.Y., native Chad Brown earned his first year-end NYRA training title, while jockey Irad Ortiz Jr. earned his second consecutive riding title.
In what it says is a move to increase the profitability of owning young racehorses, NYRA will schedule six $100,000 maiden races for 2-year-olds this spring as lead-ins to its first two juvenile stakes of 2016.
A new focus on daily live racing at Belmont Park and Saratoga is the feature of a new agreement between the New York Racing Association and MSG Networks.
The New York Racing Association will offer free horse transportation for all Parx runners participating at Aqueduct Racetrack from Dec. 26 through Feb. 12.
The New York Racing Association has released the official logo for the 2016 Belmont Stakes Racing Festival.
At the end of a year that saw record-breaking wagering and attendance, the board of directors of the New York Racing Association Dec. 9 celebrated success while at the same planning conservatively for the future.
New York's Standardbred industry warned of the growing financial consequences of racing-based daily fantasy sports sites, while a major off-track betting corporation says OTBs should have the authority to offer such contests.
The New York Racing Association has released its 2016 racing calendar, with 237 days of live racing at Aqueduct Racetrack, Belmont Park, and Saratoga Race Course.
An eight-acre parcel of land on the grounds of Belmont Park is no longer being offered to private developers, a move that is raising concerns in some circles that the state may be eyeing the site for a VLT casino.
The New York Racing Association has announced the stakes schedule for the 2016 winter and spring meets at Aqueduct Racetrack
The New York Racing Association reported a rebound, at least in terms of total pari-mutuel handle, for the Belmont Park fall meet that ended Nov. 1.
Fan favorite Runhappy gears up for Keeneland's Breeders' Cup and more in the October 31, 2015 issue of Blood-Horse magazine.
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