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.
Friday, March 26, 2010
The Aqueduct Entertainment Group bid to run a casino at Aqueduct racetrack took another setback, with the withdrawal of two of its most prominent African-American investors.
Tuesday, March 09, 2010
Frustrated by the delay in picking an Aqueduct casino operator, New York Gov. David Paterson said he is moving to publicly name his choice in hopes of putting pressure on legislative leaders to make a decision.
Saturday, January 02, 2010The governor of New York suggested Aug. 26 there are no guarantees a decision will be made soon in the selection of a developer for the long-stalled Aqueduct casino project.
Wednesday, August 26, 2009The New York City Off-Track Betting Corp., which is now controlled by the state government, is facing insolvency unless it can get its financial affairs in order, state Comptroller Thomas DiNapoli reported Aug. 14 in a long-awaited audit.
Friday, August 14, 2009MGM Mirage is back in the hunt to develop New York City's only legal casino with word emerging May 14 that it has joined forces with two other entities trying to win the bid for a sprawling new gambling facility at Aqueduct Racetrack.
Thursday, May 14, 2009More information was released May 11 about some of the groups seeking to build and operate a casino on the grounds of Aqueduct racetrack in New York.
Monday, May 11, 2009New York's lottery director caused a bit of a stir this week when he suggested to state lawmakers that racetracks are a drag on the profitability of their racino operations - leading to less money going to the state's education budget.
Wednesday, April 29, 2009
The long and twisting turns of efforts to develop a casino at Aqueduct racetrack has gone to a new venue: state court. SL Green Realty Corp., a Manhattan real estate company, has sued Buffalo-based Delaware North for breach of contract and other causes with allegations that include taking confidential information it obtained from SL Green for use in its bid for the casino.
Tuesday, April 21, 2009New York Thoroughbred breeder Ernie Paragallo is being charged with 22 counts of cruelty to animals, the chief prosecutor in the case told The Blood-Horse April 10.
Friday, April 10, 2009
New York Thoroughbred breeder Ernie Paragallo was charged with 22 counts of cruelty to animals, the chief prosecutor in the case told The Blood-Horse April 10.
Friday, April 10, 2009
Investigators found serious violations of animal cruelty laws in at least 40 Thoroughbred horses at the New York farm owned by Ernie Paragallo following a raid April 8 by State Police and animal protection agency officials.
Wednesday, April 08, 2009
Legislation has been given final approval in New York to block a looming 1% takeout increase on out-of-state pari-mutuel wagers. The legislation now heads to Gov. David Paterson for his consideration.
Thursday, March 12, 2009
The New York Racing Association lost a five-year-old lawsuit Feb. 24 when the state's highest court refused to hear its appeal in a case potentially worth millions of dollars in back simulcasting payments to the racing entity.
Tuesday, February 24, 2009
A New York state government panel said Belmont Park can support a sprawling casino, hotel, retail, and housing development to bring jobs and money to the state.
Monday, February 23, 2009Three casinos would be permitted in New York's Catskills tourist region under a constitutional amendment introduced in the Legislature for consideration next year.
Friday, December 12, 2008
An effort is underway by racetracks and OTBs in New York state to derail a looming hike in the pari-mutuel takeout before it takes effect next month.
Friday, August 15, 2008The new top regulator of racing in New York state offered a tough assessment of an industry he says is in decline in many ways because of its own doing.
Friday, August 08, 2008Negotiators are eyeing a plan to have the state of New York take over the running of New York City Off-Track Betting Corp., which is threatening to shut down this weekend unless a revenue sharing structure is changed.
Wednesday, June 11, 2008
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