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New York lawmakers have approved a measure redirecting 1% of purse enhancements from the state's track-based video lottery terminal program to fund new initiatives to improve equine safety at racetracks.
Friday, March 29, 2013
Hoping to convince state officials to give them full-blown casino rights, New York's racino operators say their financial performance continues to improve and is outpacing percentage returns of casinos in nearby states.
Friday, February 15, 2013
A lawyer with a long racing and gambling regulatory background will become the top executive of the New York State Gaming Commission, a new agency that legally comes to life Feb. 1 to oversee all gambling-related industries.
Tuesday, January 29, 2013
New York's chief regulator of the racing industry is stepping down Jan. 11, just weeks before a new uber-agency to oversee all gambling related activities in the state comes to life.
Wednesday, January 09, 2013
Legislation to bring off-track betting back to New York City was vetoed Dec. 17 by Gov. Andrew Cuomo.
Monday, December 17, 2012A New York judge has denied a request by the Thoroughbred Retirement Foundation to block the state attorney general's office from beginning the discovery phase into horse abuse allegations.
Wednesday, November 07, 2012
The equine industry in New York represents a $4.2 billion economy responsible for 33,000 direct and indirect full-time jobs, a group of racing-related organizations said in a study released Oct. 16.
Tuesday, October 16, 2012New York state officials are looking to fast-track development of two under-used parcels at Belmont Park, but are clearly backing away from plans developed four years ago for a possible VLT facility at the site.
Friday, September 07, 2012
New York's racetracks say they contributed more in various tax and revenue-sharing funding during the first six months of the year than the casinos on the Las Vegas strip and Atlantic City combined.
Monday, July 23, 2012
Despite Gov. Andrew Cuomo's stinging criticism of its abilities, the New York Racing Association's board of directors will not be replaced before the start of NYRA's financially crucial Saratoga Racecourse meet.
Monday, July 16, 2012With affidavits from a whistleblower and a veterinarian, New York State Attorney General Eric Schneiderman is pushing ahead with efforts to oust the board of the Thoroughbred Retirement Foundation.
Wednesday, May 23, 2012The New York Racing Association has fired president Charles Hayward May 4 following revelations he may have known the racing group was violating state law by not lowering takeouts on exotic wagers.
Friday, May 04, 2012The sale of a former destination resort complex in the Catskills region of New York has been finalized, with its new owners hoping to become casino operators if the state legalizes expanded gambling ventures next year.
Friday, April 27, 2012
The New York Racing Association took in $22.1 million in gross revenues during the first three months of the year from its new Aqueduct casino. But the question for NYRA is simple: will it last?
Thursday, April 19, 2012In response to recent equine deaths at Aqueduct Racetrack, regulators in New York are poised to adopt a rule voiding claiming race sales of horses that die during a claiming event or are euthanized on-track after a race.
Friday, March 30, 2012State legislators have tentatively agreed to create a New York Gaming Commission to oversee all aspects of gambling in New York, including horse racing, lotteries and Indian-run and racetrack-based casinos.
Monday, March 26, 2012The New York Racing Association said it is meeting a state request to refund money by March 30 to as many bettors it could identify that were overcharged when NYRA failed to follow a state law to lower its takeout on exotics.
Friday, March 23, 2012
Legislators, regulators, and racetrack executives are expressing growing optimism about the state of the horse racing in New York.
Friday, March 02, 2012
Genting New York is considering an initial expansion into a 70,000-square-foot area at Aqueduct Racetrack if the state legalizes additional forms of gambling, including table games.
Friday, January 06, 2012At a time when out-of-state ADW operators are facing mounting criticism from some lawmakers and OTB operators in New York, Churchill Downs Inc. has turned to an influential Albany lobbying firm to represent its interests.
Friday, October 21, 2011
A day before trainer Rick Dutrow was scheduled to relinquish his license to train horses for at least the next 10 years in New York, a state judge put a temporary hold on the punishment handed down last week.
Monday, October 17, 2011
After 10 years of stalled efforts to locate casinos in the economically depressed Catskills resort region, New York Gov. Andrew M. Cuomo says it may be time for the state to permit non-Indian casinos in New York.
Tuesday, August 09, 2011
The New York Racing Association's net revenue is projected to decrease 3.9% this year while its wages and benefits are up 5%, according to its 2011 budget that was released July 15 by state officials.
Friday, July 15, 2011Efforts to realign the struggling racing and off-track betting industry in New York have failed another annual legislative session at the state Capitol in Albany June 23.
Thursday, June 23, 2011
Blood-Horse Publications garnered 14 honors in the American Horse Publications annual awards program June 18 in San Diego, Calif.
Sunday, June 19, 2011
One of the racing industry's closely watched legal proceedings begins May 31 as state regulators in New York commence a hearing that could lead to the revocation of trainer Rick Dutrow's license.
Monday, May 30, 2011
A state panel has approved a resolution that permits Genting New York LLC, the future operators of the Aqueduct casino, to obtain a $225 million mortgage to help finance construction activities at the facility.
Monday, May 23, 2011The second New York off-track betting corporation to seek bankruptcy protection has filed a proposed schedule with a federal court to make good on its liabilities.
Wednesday, May 11, 2011New York Gov. Andrew M. Cuomo says he does not want to be "disruptive'' to the New York Racing Association, but he still wants the racetrack operator to get an in-state company to run its telephone wagering call center.
Tuesday, May 03, 2011
Three months after the closure of the state's largest off-track betting corporation, Suffolk Regional OTB has now gone through with its threat to seek Chapter 9 bankruptcy reorganization protection.
Sunday, March 20, 2011
The state Senate in New York has approved a measure to pick a new private company to run the closed New York City Off-Track Betting Corp., while the Assembly has backed a bill lowering a surcharge imposed on purses.
Wednesday, March 16, 2011
New York stewards have suspended trainer Richard Dutrow Jr. for 90 days for a positive drug sample in a winning horse from a race at Aqueduct last fall and for possession of hypodermic needles in his barn.
Wednesday, February 16, 2011
The New York Racing Association got a bump -- for one month, anyway -- in attendance and on-track handle to make up for some of the losses of the closing of the New York City Off-Track Betting Corp.
Friday, February 04, 2011
New York State would impose a racing purse surcharge as part of an overall budget-balancing exercise proposed today by Gov. Andrew Cuomo.
Tuesday, February 01, 2011The major racino operators in New York are urging the state's new governor and legislative leaders to scuttle a deal made by former Gov. David Paterson with a Wisconsin tribe for a full-fledged casino in the Catskills area.
Wednesday, January 12, 2011
The New York State Racing and Wagering Board pushed through new emergency rules to make it easier and quicker for NYCOTB bettors to sign up with internet and phone wagering platforms at the state's other OTBs.
Wednesday, December 08, 2010
With the future of the New York City Off Track Betting Corp. up in the air, the New York Senate returned to the Capitol to find itself in the middle of a long-standing battle between tracks and OTB corporations.
Tuesday, December 07, 2010
The New York City Off-Track Betting Corp., facing a shutdown later in the day, was given a four-day reprieve Dec. 3 when the state Senate is due back to consider passage of a bankruptcy reorganization plan
Friday, December 03, 2010Details of competitors' bids were leaked, timely campaign contributions flowed and key expert advice was ignored when New York officials earlier this year tapped Aqueduct Entertainment Group to run the casino at Aqueduct.
Thursday, October 21, 2010The new casino at Aqueduct racetrack should have ground broken on the project by the end of the month, according to the head of the New York Racing Association.
Friday, October 15, 2010
Genting New York officials, after turning over $380 million in licensing fee payments to the state, said they are prepared to quickly start construction on the Aqueduct casino project.
Monday, September 27, 2010
A legal challenge to stop the current Aqueduct casino bidding process and award the contract to a previous bidder was tossed out by a New York state judge July 29, said state officials who were in the courtroom.
Thursday, July 29, 2010The financially struggling New York City Off-Track Betting Corp. has accepted the resignation of its long-time president, and quickly filled his job with a replacement making nearly 10 times as much.
Wednesday, July 07, 2010
A politically-wired lobbyist for a bidding group that initially won the development rights to the Aqueduct casino project was provided details about competitors' bids by the top Democrat in the New York state Senate.
Friday, June 18, 2010
A tentative deal among state senators has ended talk of a shutdown of the New York state government, keeping racetracks from having to suspend their operations.
Monday, June 14, 2010
State officials in New York have agreed on one point: that they will not let the New York Racing Association shut down after the Belmont Stakes (gr. I) or for the Saratoga summer meet.
Tuesday, May 18, 2010
New York State has issued a new call for bidders to operate a casino at Aqueduct, nine years after the project was first approved by the legislature.
Tuesday, May 11, 2010More than 1,000 unionized workers at New York City Off-Track Betting Corp. are in still in line for pay hikes and severance deals but won't be paid until a long-term agreement is made.
Wednesday, April 28, 2010A top state lawmaker in New York urged the New York City Off-Track Betting Corp. to remain open a few more days to give negotiators additional time to strike a financial rescue plan.
Friday, April 16, 2010A plan quietly floated to let the New York Racing Association take over management of the internet and phone wagering business at the struggling New York City Off-Track Betting Corp. has been rejected by Gov. David Paterson.
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