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Mixed Signals from Paterson on NYRA Deal

New York Gov. David Paterson is sending mixed signals on whether he wanted to re-open talks with the New York Racing Association over its deal for a new franchise to operate Aqueduct, Belmont and Saratoga racetracks.

NYRA Wins 25-Year Franchise

NYRA Wins 25-Year Franchise

The New York Racing Association, written off as dead a year ago by its competitors, has won the rights to a 25-year exclusive franchise to continue operating Aqueduct, Belmont, and Saratoga racetracks.

NYRA Franchise Deal Approved

NYRA Franchise Deal Approved

The New York Racing Association will run racing for the next 25 years under legislation approved February 13 that provides hundreds of millions of dollars in direct aid and loan forgiveness to NYRA and new oversight abilities by the state.

NYRA Trustee Resigns, Blasts Bruno

NYRA Trustee Resigns, Blasts Bruno

Charles Wait, president of the Adirondack Trust Company in Saratoga Springs, N.Y., has resigned from his position on the New York Racing Association's board of trustees, citing his dissatisfaction with the position of Senate Majority Leader Joseph Bruno as the main reason for his decision.

NYRA to Continue Operating Aqueduct

NYRA to Continue Operating Aqueduct

Though state racing regulators failed to approve a temporary license for the New York Racing Association to continue racing in January while talks about a permanent franchise deal continue, NYRA struck a deal with the state to continue operating Aqueduct through Jan. 23.

NYRA President Considers Benchmarks

NYRA President Considers Benchmarks

The New York Racing Association can agree to new performance benchmarks for its operations as part of a franchise extension deal, but state officials must be more flexible to take into account future changes in the racing industry that could affect those new standards, according to the president of NYRA.

New York Negotiations Continue

New York Negotiations Continue

Negotiations for a new Thoroughbred franchise in New York have progressed in the past several days, but the Republican-led Senate has refused to budge so far on several key points that could risk a shut-down of racing in less than three weeks, according to a top adviser to New York Gov. Eliot Spitzer.

IRS Claims NYRA Owes $1.6 Billion

IRS Claims NYRA Owes $1.6 Billion

The New York Racing Association can add the Internal Revenue Service to its list of obstacles, as the federal agency wants NYRA to pay it $1.6 billion to settle past tax bills.

Spitzer Recommendation May Not Come Sept. 4

Spitzer Recommendation May Not Come Sept. 4

In an Aug. 25 news conference at Saratoga Race Course, New York Gov. Eliot Spitzer said he may not meet the Sept. 4 deadline to make a recommendation as to which organization should receive the franchise to run racing at the Aqueduct, Belmont, and Saratoga racetracks.

Concerned Citizens for Saratoga Racing Support NYRA

Concerned Citizens for Saratoga Racing, a group that includes several prominent horsemen, Aug. 23 announced their decision to support the New York Racing Association in that organization's bid for the 20-year franchise to operate Saratoga, Aqueduct, and Belmont Park.

Concerned Citizens for Saratoga Racing Support NYRA

Concerned Citizens for Saratoga Racing, a group that includes several prominent horsemen, Aug. 23 announced their decision to support the New York Racing Association in its bid for the 20-year franchise to operate Saratoga, Aqueduct, and Belmont Park.

Spitzer Asks Racing Franchise Contenders to Re-Submit Bids

Spitzer Asks Racing Franchise Contenders to Re-Submit Bids

New York Gov. Eliot Spitzer is asking the four entities vying for the state's Thoroughbred franchise to re-submit their bidding packages to reflect changes made in their structure and plans over the past year. He also opened the door for any of the existing bidders to join forces in a joint venture deal.

Plan Floated Linking NYRA, Excelsior

The Spitzer administration has floated a plan to link the New York Racing Association with Excelsior Racing Associates to run racing and casino operations at Aqueduct, Belmont and Saratoga racetracks.

Farmer Defends Support for Spitzer's Election

The surprisingly large influx of campaign contributions from breeders and horse owners in Kentucky, California and elsewhere to the New York gubernatorial campaign of Eliot Spitzer did not come from individuals secretly vying to obtain the New York Racing Association franchise, according to one of the top donors.

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 Criticized Over Loan

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An internal audit of a little known state fund found the New York Legislature has given the embattled New York Racing Association loose reins over $60 million it owes the state.

Feds Seeking Indictment Against NYRA

Federal prosecutors are preparing an indictment against the New York Racing Association that will allege a corporate conspiracy that permitted corruption to occur at its three racetracks. Sources also say the state is currently developing a contingency plan in case the NYRA is ousted from its duties.

Spa Takes Back Seat to Defense of NYRA

The charges and countercharges battle between the New York Racing Association and New York Attorney General Eliot Spitzer continued June 24, with NYRA charging the state's chief law enforcement agent "does not understand NYRA's operations," and that he made "no attempt" to make his damaging report balanced.

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