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Schwartz: Aqueduct VLT Plan Must be Scaled Back

Plans by the New York Racing Association to build a world-class gambling facility to house video lottery terminals at Aqueduct will have to be shelved because state regulators are requiring tracks to pay too much of the program's expenses.

Gallagher Leaves NTRA for NYRA Position

  • News

Jim Gallagher, executive director of the National Thoroughbred Racing Association Racing Integrity and Drug Testing Task Force, will leave the organization March 28 to take the position of vice president of pari-mutuel operations for the New York Racing Association.

Coolers Return to NYRA Tracks

  • News

The New York Racing Association will again permit coolers to be brought in to all three of its tracks - Aqueduct, Belmont and Saratoga - in limited areas.

New York City OTB Gets New Boss

  • News

New York City Mayor Michael Bloomberg has named Ray Casey, who directed the city's Trade Waste Commission, to head New York City Off-Track Betting Corp., the New York Post reported Feb. 21. Bloomberg also said the city wouldn't sell the betting corporation, at least for now.

NYRA Plans to Make New Pitch for NYCOTB

Despite plans by the new mayor of New York City to delay the sale of New York City Off-Track Betting Corp., the head of the New York Racing Association said he will make a new pitch to purchase the lucrative corporation.

Saratoga Officials Approve VLTs For Harness Track

Video lottery terminals will be coming to Saratoga Springs following approval Wednesday evening by local officials of a resolution permitting the devices at a Standardbred track located just down the road from the New York Racing Association's premier flat track.

NYRA: Gulfstream Product Not Worth the Effort

The New York Racing Association has ended dark-day simulcasting at Aqueduct, and its chairman, Barry Schwartz, targeted the product at Gulfstream Park as the main reason for the move. The president of Gulfstream disagrees with Schwartz's assessment of the product.

New York Budget Plan Includes VLT Revenue

As racetracks continued to insist they can't make money off New York's new video lottery terminal program, Gov.George Pataki released a state budget proposal that for the first time projects revenue for government from the gambling devices.

Dutrow Enters Pair in Paumonok

Trainer Richard Dutrow is pulling out the big guns for Saturday's $75,000 Paumonok Handicap at Aqueduct. Dutrow has entered stable stars Here's Zealous and Late Carson in the six-furlong sprint event.

NYRA Plans 100,000-Square-Foot VLT Area at Aqueduct

The New York Racing Association has submitted plans to state regulators to build a 100,000 square-foot, video lottery terminal area at Aqueduct racetrack, but the chairman of NYRA says the proposal won't work unless the state revises its new video lottery terminal law to give tracks more help with expenses.

Strong 2001 for NYRA

  • News

A successful Breeders' Cup and strong meets at Saratoga and at Aqueduct this fall helped the New York Racing Association achieve gains in on-track handle and total handle for the year.

Schwartz: Video Gaming Not a Panacea

The video lottery terminals proposed for New York racetrack appear to be less of a good deal than was expected when a law that permits them was rushed through two months ago, the head of the New York Racing Association said.

Schwartz: Video Gaming Not a Panacea

The video lottery terminals proposed for New York racetrack appear to be less of a good deal than when a law that permits them was rushed through two months ago, the head of the New York Racing Association said.

Saratoga Springs May Be VLT Battleground

As a new, sweeping gambling package was signed into law in New York, forces were already lining up for a potentially nasty battle over whether to permit video lottery terminals in Saratoga Springs, the state's healthiest Thoroughbred community.

Big City, Big Show

By Ray Paulick -- New Yorkers made Belmont Park come alive in a way unique to America's greatest city.

New York Adopts VLT, Casino Legislation

Officials in New York gave final approval early this morning to a historic gambling package giving most racetracks video lottery terminals, allowing up to six Indian-owned casinos in Western New York and the Catskills and expanding the state's lottery offerings.

Auctions Planned To Raise Money for NTRA Charities-New York Heroes Fund

The National Thoroughbred Racing Association (NTRA) and Breeders' Cup Limited announced revised plans for their fundraising activities in connection with the NTRA Charities - New York Heroes Fund, including a series of charity auctions to replace the previously scheduled, black-tie Breeders' Cup Charity Gala Oct. 26. The Heroes Fund aids the families of rescue workers and other victims of the Sept. 11 attacks on the United States.

Giuliani: Sell NYCOTB to Raise Revenue

New York Mayor Rudolph Giuliani is urging state lawmakers and the governor to approve his plan to sell the New York City Off-Track Betting Corp. to a Magna Entertainment-led consortium as a way to raise much-needed revenues in the aftermath of the Sept. 11 terrorist attacks.

NYRA Hires Gulfstream Park Executive

The New York Racing Association, apparently seeking to cover its bases in its fight to block the sale of the New York City Off-Track Betting Corp. to a consortium headed by Magna Entertainment, has lured away a top executive from a Magna-owned racetrack.

Goal Doubled for New York Heroes Fund

Due to a flood of early, generous contributions, the NTRA, Breeders' Cup Limited, and the New York Racing Association announced Friday it was doubling its goal for the NTRA Charities -- New York Heroes Fund to $2 million. The Heroes Fund, set up by the organizations a week ago, will aid the families of New York firefighters, police officers, emergency services personnel, and other victims who perished in the terrorist attacks on New York Sept. 11.

USDA Approves Quarantine Center at Aqueduct

The U.S. Department of Agriculture gave its approval today to a foot-and-mouth quarantine facility at Aqueduct. The decision will make it easier for European horses to compete in Breeders' Cup World Thoroughbred Championship prep races at Belmont Park.

Keeneland Reduces Exotics Takeout

Keeneland has announced that effective with the start of its autumn meeting Oct. 5 it will be lowering the takeout on exotic wagers from 19% to 16%. Bettors with winning tickets on daily doubles, exactas, trifectas, superfectas, and Pick Threes will see a higher percentage of money returned to them.

Sources: Aqueduct VLT Experiment in the Works

New York Gov. George Pataki is quietly floating a plan to permit video lottery terminals only at Aqueduct racetrack on an experimental basis, sources at the state capital said. The plan is said to ignore the Standardbred industry, which has lobbied hard for VLTs.

Horsemen: New York Has Poor OTB Model

The New York Thoroughbred Horsemen's Association, in a statement released Aug. 19, said it "firmly believes" the owner of New York City Off-Track Betting Corp. should be the operator of New York's Thoroughbred racing franchise, in this case the New York Racing Association.

NYRA to Support VLT Legislation; Schwartz Rips Stronach

At a press conference at Saratoga Race Course on Wednesday, New York Racing Association chairman Barry Schwartz announced that the board of trustees of the NYRA agreed to support the introduction of video lottery terminals at Aqueduct and Belmont Park under conditions that would further the racing industry in New York State.

NYRA: VLTs OK at Aqueduct and Belmont

The New York Racing Association board of trustees on Wednesday announced it would support the introduction of video lottery terminals at Aqueduct and Belmont Park under conditions that would "further the racing industry in New York state." Saratoga, located in upstate New York, is not in the mix.

Report: Stronach Wouldn't Mind Owning NYRA

  • News

Less than a week after Magna Entertainment was tapped as the winning bidder for New York City Off-Track Betting Corp., the company's chairman, Frank Stronach, said he would like to add the New York Racing Association franchise to his portfolio.

Rotten Apple

By Ray Paulick -- If the privatization of the New York City Off-Track Betting Corporation was a horse race, the inquiry sign would have lit up immediately after the city's mayor, Rudolph Giuliani, on Aug. 2 announced the bureaucracy would be sold to a group headed by Frank Stronach's Magna Entertainment and Bob Green's Greenwood Racing.

It's Official! Magna Is Winning Bidder For NYCOTB

Setting the stage for a nasty battle between two racing giants, New York City Mayor Rudolph Giuliani Thursday afternoon tapped a group led by Frank Stronach's Magna Entertainment over the New York Racing Association as the winning buyer of the lucrative New York City Off Track Betting Corp.

Mixed Meet for Belmont Park

Total handle for Belmont Park's 55-day meet increased 4.8%, but on-track numbers continued to be weak. Average daily on-track handle was flat at $1,929,951, while average daily attendance fell 5.9% to 8,025.

NYRA Employees Indicted; Giuliani Cancels News Conference

Four New York Racing Association employees have been indicted as part of a probe by state investigators into an alleged money laundering operation. New York City Mayor Rudolph Giuliani cancelled an 11 a.m. news conference at which he was to announce a group led by Magna Entertainment had won the purchase rights to the New York City Off Track Betting Corp.

Indictments, Winning OTB Bidder to be Announced?

A first round of indictments involving allegations of criminal activity at betting window operations at New York Racing Association tracks is expected today, sources said Wednesday. Also Thursday, the winning bidder for New York City Off-Track Betting Corp. is expected to be announced.

Magna May Have NYC-OTB Inside Track

New York's top Democrat in the state Legislature said New York City Mayor Rudolph Giuliani has told him the city government is inclined to sell its massive off track betting operation to a consortium of racing interests headed by Magna Entertainment.

NYRA's Lower Takeout Rate on Wagers Approved

The New York Racing Association, after agreeing to concessions with the state's off-track betting corporations, won final legislative approval of its plan to lower takeout on betting at its three tracks in New York. Gov. George Pataki must sign the bill.

Legislative Issues Said to Have Stalled OTB Sale

The sale of New York City Off-Track Betting apparently hinges on legislative changes that would make the entity more attractive to potential buyers. Meanwhile, it appears the state legislature may have more time to examine the issue given the fact they may remain in Albany into the summer.

Hail to the Chief

By Ray Paulick -- Without question, the presence of Bill and Hillary Clinton added a significant buzz to the Belmont.

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