New York Gov. Andrew Cuomo on Tuesday proposed that the New York Racing Association be returned to private control, but the plan would retain sizeable influence by the governor over its operations.
Four years after the administration of New York Gov. Andrew Cuomo began floating ideas for re-developing a large, unused parcel at Belmont Park, state officials Dec. 9 called off a long-stalled bidding process for the site.
A final deal was reached June 17 to keep the New York Racing Association under the control of Gov. Andrew Cuomo and the state for an additional year.
A New York law banning racing and pari-mutuel wagering activities in the state on Palm Sunday, which dates back to the days when Richard Nixon was president, has been overturned.
New York Gov. Andrew Cuomo has signed legislation authorizing an additional 1% of purse money payments to the New York Thoroughbred Horsemen's Association.
New York Gov. Andrew Cuomo supports the decision by Anthony Bonomo to take a leave of absence as chairman of the New York Racing Association.
Efforts to expand video lottery terminal casinos in New York, including one at Belmont Park, have been quashed during state budget negotiations at the state Capitol.
It appears increasingly likely that New York Gov. Andrew Cuomo will get his desire to extend the life of the state's control over the New York Racing Association.
New York Gov. Andrew Cuomo is proposing an extension of the state's control period over the New York Racing Association for up to an additional year.
The state Gaming Commission said Jan. 9 it will resume the bidding process to issue the fourth and final immediately available casino license somewhere in the greater Binghampton region of the state.
New York state, in its greatest expansion of gambling, has selected three winning bidders to operate full commercial casinos in separate areas of the state but rejected proposals by Genting Americas and Churchill Downs, Inc.
New York Racing Association chairman Dr. David Skorton announced Dec. 3 he is stepping down from the post to spend more time getting ready for his new job as head of the Smithsonian Institution.
The New York Racing Association may be on a fast track to devise a plan removing it from state government control, but at least one veteran state lawmaker is in no rush to see the racing operator in charge of its destiny.
New York lawmakers gave final approval June 20 to a bill that will allow racetrack-based casinos to stay open until breakfast time and permit more free-play offerings to gamblers in a bid to boost revenues.
After an international search, the New York State Gaming Commission announced Jan. 13 that Dr. Scott Palmer has been appointed the equine medical director for the racing regulator.
Off to a stuttering start, the Gov. Andrew Cuomo-appointed New York state Gaming Commission held its first meeting June 26 in Manhattan.
Legislation legalizing commercial casino gambling in New York was introduced June 19 at the state Capitol. The legislation, expected to be voted on soon, would need approval by voters in a statewide referendum this fall.
Gov. Andrew Cuomo is playing a new game of hardball with racetrack-based casinos in New York by sending them a simple message: get on board with his plan or face additional competition from facilities located nearby.
Three large areas of upstate New York are now out of the running for commercial casino development after Gov. Andrew Cuomo struck a deal with the Seneca Nation of Indians to resolve a four-year-old dispute with the state.
A casino proposal offered by New York Gov. Andrew Cuomo will "cannibalize" as much as 85% of the state's current gambling industry, a racetrack casino association said June 11.
Unveiling further details on his casino expansion plans, New York Gov. Andrew Cuomo proposed the first three facilities be located in upstate regions and that successful developers pay an upfront $50 million franchise fee.
New York Gov. Andrew Cuomo made a deal with an upstate Native American tribe to block casino competition in return for settlement of long-standing land claim issues and the state getting a share of tribal casino's revenue.
Gov. Andrew Cuomo said there is a big enough appetite for gambling in New York to permit the state to expand casino operations while protecting the interests of existing racetrack-based casinos.
The New York Gaming Association April 29 released a report that shows its nine racetrack-based casino facilities generated $1.8 billion in gross gaming revenue in 2012 and turned over $823 million in taxes to the state.
Less than a year after the New York Racing Association hired a veteran lawyer to help clean up its reputation in the wake of the betting takeout scandal, the now state-run racing corporation is moving to find a replacement.
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.
New York's growing gambling industry is now being regulated by a single state agency with vast powers over the individuals and companies involved in everything from Thoroughbred racing to Indian casino operations.
The New York Senate's top Republican wants Belmont Park to be included in the list of possible casino expansion locations.
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.
New York Gov. Andrew Cuomo is pushing lawmakers to pass the second required piece of legislation to allow up to seven new casinos in New York State.
New York Gov. Andrew Cuomo said he does not believe specific locations have to be identified before voters might get their say next year on possible sites for up to seven new casinos.
The board is expected to adopt a new code of ethics for board members and employees and put in place legal requirements regarding disclosure of outside business activities by board members.
Long accustomed to holding board meetings in secret, the New York Racing Association will cease the closed-door practice and follow the state's open meetings law by making the gatherings open to the public.
The New York Racing Association is now the nation's largest state-controlled racing entity, paving a new and highly uncertain future for the not-for-profit corporation that has seen its highs and lows.
New York Gov. Andrew Cuomo today signed a new law creating a three-year takeover by the state of the embattled New York Racing Association.
A task force has determined the spate of fatal racehorse breakdowns at Aqueduct Racetrack this past winter was primarily the result of structural deficiencies in rules and regulations employed by NYRA and racing regulators.
New 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.
New York lawmaker John Bonacic is opening the door to permitting more casinos in the state than the maximum of seven facilities being eyed by the governor and the legislature.
Legislation making it more attractive to breed horses in New York has been signed into law by Gov. Andrew Cuomo.
New York's nine racinos saw their highest-ever win-per-machine totals during the recent July 4 holiday week on the more than 17,000 video lottery terminals operating in the state.
An annual report released by a state government panel overseeing the New York Racing Association's finances reached an obvious conclusion: it's been a rough year for the organization.
New York Gov. Andrew Cuomo and legislative leaders have reached an accord on the temporary takeover of the New York Racing Association by the state government.
New York Gov. Andrew Cuomo is making clear that racetrack operators will not get their wish to get exclusive rights for new, Las Vegas-style casinos if New York next year approves a sharp expansion of gambling.
New York Gov. Andrew Cuomo is backing off plans to construct a massive casino and convention center with a Malaysian-based gambling conglomerate on the grounds of the Aqueduct Racetrack.
Top state officials continued to pound the New York Racing Association, a day after regulators suggested its exclusive franchise to operate the state's major Thoroughbred tracks could be in jeopardy.
NYRA is under investigation for illegally maintaining a higher takeout rate on some exotic wagers for 15 months. The governor said his administration is working on a "reform package."
State investigators wasted little time launching a full-scale probe of the New York Racing Association.
The 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.
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?
Hours after lawmakers approved an initial step to expand non-Indian casino gambling in New York, Gov. Andrew Cuomo raised the possibility that no racetrack casino will be among the future sites in the state.
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