Tom Precious

Confident Swindal Laying Plans for Excelsior

New York Yankees partner Steve Swindal said his Excelsior Racing Associates group is already discussing future track management and laying plans to take over racing in New York on Jan. 1, 2008 when, he believes, Excelsior will begin operating Aqueduct, Belmont, and Saratoga racetracks.

Appeals Court Upholds Pletcher Suspension

An appeals court in Albany, N.Y., upheld trainer Todd Pletcher's 45-day suspension and $3,000 fine Dec. 7, dismissing his challenge to the penalties for using an anesthetic on one of his horses too close to a race in 2004.

State Provides NYRA $8M Loan for Expenses

The state of New York has wired the New York Racing Association $8 million to help ease its immediate fiscal troubles, a funding stream that surprised NYRA officials who earlier in the day had been in court on their first hearing after filing for Chapter 11 bankruptcy protection.

NYRA Seeks Bankruptcy Protection from Court

The New York Racing Association has filed for Chapter 11 bankruptcy protection, charging that the state of New York's failure to approve a long-stalled casino project for Aqueduct Racetrack has pushed it toward insolvency.

NYRA Gets Bailout Funds, New Conditions

The New York Racing Association will get its $19-million bailout from state government provided it gives assurances that it "does not anticipate" filing for bankruptcy protection in the next six months.

Panel Calls Urgent Meeting On NYRA Bailout

With New York Racing Association officials threatening to seek bankruptcy protection, state officials are rushing to complete a deal by Oct. 30 to get government bailout money flowing to the financially ailing NYRA.

Empire Group Urges Pataki to Release Funds

The head of a group vying to take over the Thoroughbred franchise from the New York Racing Association is urging Gov. George Pataki to release already-promised state funds to the financially ailing franchise holder.

Empire Group Urges Pataki to Release Funds

The head of a group vying to take over the Thoroughbred franchise from the New York Racing Association is urging Gov. George Pataki to release already-promised state funds to the financially ailing franchise holder.

Fight for Franchise Aids New York Political Races

With the future of the racing industry in New York up in the air, the most immediate beneficiaries appear to be state officials running for office this fall, thanks to a steady flow of money from individuals and companies tied in one way or another to the Thoroughbred franchise renewal process.

Horsemen's Group Blames NYRA for VLT Delays

The New York Racing Association is to blame for the delays in state approvals needed to begin construction on the long-stalled Aqueduct casino project, the leaders of the New York Thoroughbred Horsemen's Association claim.

Future of NY Racing Franchise Hot Topic at Conference

Bidders vying for the major Thoroughbred franchise in New York blew their own horns -- and did a bit of not-so-subtle bashing of each other -- before an Aug. 1 who's who of racing industry insiders, including members of a state panel considering the bids to operate 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.

Kentucky Horsemen Make Donations to Spitzer

Groups and individuals trying to influence the future direction of horse racing in New York have opened their wallets to statewide candidates and campaigns of legislators who will have a role in picking a new owner of the franchise to operate Aqueduct, Belmont, and Saratoga racetracks.

16 Potential Bidders Step Up in New York

A who's who of racing industry heavyweights formally notified New York state June 30 of their interest in obtaining the franchise now held by the New York Racing Association to operate Aqueduct, Belmont, and Saratoga racetracks.

Pataki Shakes Up New York Regulatory Board

A long-simmering dispute between top Republicans in New York over the composition of the state racing and wagering board has been settled with the nomination by Gov. George Pataki of two new members to the racing industry's regulatory panel.

Empire Racing Group Names Tucker Chairman

Jeffrey Tucker, a New York breeder, has been named chairman of the fledgling Empire Racing Associates, a group of horsemen and breeders trying to position itself to be among the holders of a new Thoroughbred racing franchise in New York.

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.

Delayed Aqueduct VLT Costs Soaring

The projected costs of the New York Racing Association's video lottery terminal casino keep soaring, and state officials are voicing renewed concerns about the delay in building the new gambling facility at Aqueduct racetrack.

'Friends' Releases Legislative Proposal for Racing

New York should permit public and private partnerships to bid on the New York Racing Association franchise, allow bettors to wager via computers, introduce frequent-betting rewards programs at tracks, and approve the merger of the state's off-track betting corporations, according to an ambitious legislative package proposed March 9 by Friends of New York Racing.

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