Tom Precious

  • NYRA Criticized Again in New State Audit

    The New York Racing Association is masking financial troubles and is not taking steps state auditors have urged in the past to right its fiscal condition, the state's chief fiscal watchdog said Jan. 24.

  • Aqueduct Race Course

    Cuomo Defends Convention Center Plan

    New York Gov. Andrew Cuomo defended his plan to have a private company construct the world's largest convention center next to Aqueduct in the face of a new public poll in which most New Yorkers oppose the idea.

  • The Resorts World Casino at Aqueduct

    Aqueduct Casino Breaks $1 Million in Proceeds

    In a state unaccustomed to rosy equine industry fiscal numbers, NY officials are going out of their way to hail the breaking of the $1 million mark in proceeds to a Thoroughbred breeding fund from the new casino at Aqueduct.

  • Slots at Aqueduct

    NY Governor Wants to Expand Gaming

    With state money tight, New York Gov. Andrew Cuomo is proposing a plan to create the world's largest convention center at Aqueduct financed by the operator of the track's new casino facility.

  • NYRA Takeout Error Missed by Other Agencies

    Just days after being praised by state officials for their fiscal openness, officials with the New York Racing Association were enduring a new round of criticism after revelations it had overcharged bettors on exotic wagers.

  • Fallout Expected From NY Takeout Blunder

    Bettors in North America were overcharged more than $7 million by the New York Racing Association over the past 15 months in higher-than-allowed pari-mutuel takeout rates on exotic wagers.

  • Aqueduct Racino

    NYRA Tracks Could Have Bigger Field Sizes

    The New York Racing Association predicted the size of fields at its tracks could grow by an average of one-half to one horse per race in the coming year thanks to higher purses from the new casino at Aqueduct.

  • Churchill Downs Retains New York Lobbyist

    At 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.

  • Rick Dutrow

    Dutrow Granted 30-Day Stay of New York Action

    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.

  • Rick Dutrow

    Dutrow's License Revoked for 10 Years

    New York regulators revoked Rick Dutrow's license for at least 10 years and fined him $50,000 for what they said has been a pattern of rules violations by the controversial trainer.

  • Trainer Rick Dutrow Jr.

    Dutrow Decision Due Next Week

    Trainer Rick Dutrow Jr. is expected to learn the fate of his career next week when regulators in New York rule whether his alleged use of drugs in racehorses is serious enough to lead them to permanently revoke his license.

  • Poll: 56% of New Yorkers OK With Casinos

    The push and pull by advocates and detractors has yet to begin, but more than half of New Yorkers believe the state should permit full-fledged casinos beyond Indian-owned gambling facilities, a new poll has found.

  • Aqueduct has plans for future VLTs

    NY Tracks to Offer Casino Expansion Plan

    Racetracks across New York Sept. 7 will unveil a plan to amend the state constitution to permit them to offer a complete array of casino gambling as part of a proposal they say will raise revenue for the state and industry.

  • New York Gov. Andrew M. Cuomo

    Cuomo: Non-Indian Casinos in NY Possible

    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.

  • NYRA Projects Decrease in 2011 Net Revenue

    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.

  • Charles Hayward

    Hayward Addresses Criticism of NYRA

    The head of the New York Racing Association said he made "a mistake" by not sharing details about management pay hikes with state oversight officials, but he defended the fiscal health of the association.

  • Federal Policy Shift of Concern in New York

    The racing industry in New York expressed concerns about new, potent competition after the Obama administration reversed course on federal policy that had blocked Indian tribes from building off-reservation casinos.

  • Rick Dutrow

    Dutrow: 'I Think I'm Good for Racing Game'

    Embattled trainer Rick Dutrow made a plea for his career June 3, when he told a New York hearing officer considering a license revocation case against him that he has been good for the Thoroughbred industry.

  • Rick Dutrow

    Dutrow Hearing Opens in New York

    The opening salvo in a state hearing that could at least end the New York career of trainer Rick Dutrow focused on claims of an appearance of a conflict of interest by New York's top racing industry regulator.

  • Aqueduct

    Genting Plan to Finance Casino Approved

    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.

  • Dutrow's Legal Rights Denied, Attorney Claims

    Trainer Rick Dutrow Jr. was denied attempts by his lawyer to challenge two accusations by New York racing regulators and should get a new hearing before a board of stewards, according to new legal documents filed in the case.

  • Cuomo Wants In-State Phone Betting Company

    New 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.