Tom Precious

  • 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.

  • Off Track Betting

    Suffolk OTB Files for Bankruptcy Protection

    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.

  • New York City OTB

    NY Assembly Approves Lower Purse Surcharge

    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.

  • NYSRWB To Tighten Alcohol Policy

    New York state regulators are poised to crack down on jockeys, trainers, and others with racing licenses who test positive for alcohol while at New York racetracks.

  • Richard Dutrow

    Dutrow Suspended 90 Days for Two Infractions

    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.

  • Aqueduct Racetrack

    NYRA Attendance, On-Track Handle Increase

    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.

  • NY Lawmaker Criticizes Indian Casino Compact

    New York State will lose money and the racing industry severely dented if the go-ahead is given to a Wisconsin Indian tribe to build a casino in the Catskills resort region, a top Democratic lawmaker said Feb. 2.

  • NY Horsemen to Receive $4.4 Million in Awards

    Breeders and owners in New York, shortchanged the past couple years, in part, because of the bankruptcy of New York City Off-Track Betting Corp., are in line to get $4.4 million in purse awards due them in 2009 and 2010.

  • Judge Dismisses NYCOTB Bankruptcy Case

    A federal bankruptcy judge Jan. 25 dismissed the shuttered New York City Off-Track Betting Corp.'s Chapter 9 bankruptcy case, rejecting a motion by a union representing more than 1,000 fired workers.

  • NY Racinos Want Indian Casino Deal Scuttled

    The 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.

  • New York Racing Association President Charles Hayward

    New Push For New York Off-Track Betting

    Seeking to make long-stalled legislative gains in the aftermath of the New York City Off-Track Betting Corp.'s shutdown, a number of racing interests are stepping up efforts to create a single, statewide OTB network.

  • NYCOTB Prospects Grow Dimmer

    New York City Off-Track Betting Corp. is just days away from 'a point of no return,' as officials watch bettors withdraw their final ADW funds and the OTB prepares to make a last revenue-sharing payoff to racetracks.

  • NYRA Defends Raises; Others Question Timing

    The New York Racing Association board of directors awarded raises to several hundred non-union employees -- a day after threatening bankruptcy if a controversial bill involving New York City Off-Track Betting Corp.

  • NYRA president Charles Hayward

    NYRA Taking Steps to Stop the Bleeding

    NYRA is hoping for a deal as early as next week to get the defunct New York City Off-Track Betting Corp.'s television channel turned back on and is working with state officials to get permission to offer live video streaming.

  • Bettors Rapidly Closing NYCOTB Accounts

    Despite a furious push into the night Dec. 9 by unions to get the state Senate back to Albany to try another vote, the New York City Off-Track Betting Corp. remains closed with bettors fleeing its ADW accounts by the hour.

  • New York State Racing and Wagering Board chairman John Sabini

    NYSRWB Takes Action in Wake of OTB Shutdown

    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.

  • Battle Between NYRA, OTBs Resurfaces

    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.

  • Off Track Betting

    Closing of New York City OTB Delayed

    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