Keyword: Barry Schwartz

  • NYRA Renames Turf Classic to Honor Retiring Hirsch

    The name of the $750,000, 1 1/2 mile Turf Classic, to be run at Belmont Park on Oct. 2, 2004, has been changed to the Joe Hirsch Turf Classic Invitational, it was announced Thursday by Barry K. Schwartz, chairman and CEO of the New York Racing Association.

  • NYRA Indicted; Avoids Trial and Retains Right to Operate Tracks

    The New York Racing Association, under investigation for more than three years, was indicted Thursday on fraud and conspiracy charges. Despite that, NYRA will be able to retain its franchise to run three premier Thoroughbred tracks in New York under a "deferred prosecution'' deal in which it will escape a trial in return for reforming its operations, according to the deal agreed to by federal prosecutors and the NYRA board of trustees.

  • New York State Senator Joseph Bruno, said NYRA's franchise safe.

    Reports: NYRA Indictment Imminent; Franchise Safe

    New York media outlets have reported an indictment of the New York Racing Association on conspiracy, tax evasion, and fraud charges is expected, possibly as soon as Dec. 5. In an unusual deal, NYRA would be allowed to keep its franchise to operate Aqueduct, Belmont Park, and Saratoga, according to the reports.

  • NTRA: More TV Time, Higher Purses for Summer Stakes

    The National Thoroughbred Racing Association has approved a proposal for expanded television coverage and up to $2 million in purse enhancements in the Breeders' Cup Stakes Program as part of a new-look summer racing schedule.

  • Phillips Replaces Schwartz on Graded Stakes Committee

    The Thoroughbred Owners and Breeders Association announced today the appointment of John Phillips to the American Graded Stakes Committee in place of New York Racing Association chairman Barry Schwartz. Phillips will serve out the remaining two years of Schwartz's term.

  • Melnyk Named to NYRA Board

    Eugene Melnyk has been elected to the Board of Trustees of the New York Racing Association Inc.

  • Major Shakeup at NYRA; Meyocks Resigns as President and COO

    <i>From press release</i> -- New York Racing Association chairman and Chief executive officer Barry K. Schwartz announced today a major reorganization of NYRA's management structure, including the resignation of president and COO Terry Meyocks.

  • NYRA Hires New Chief Financial Officer

    The New York Racing Association, poised to make major reorganizational changes in a bid to keep its racing franchise intact, has hired a new high-level executive to oversee its much-criticized finances.

  • NYRA president Terry Meyocks.

    Personnel, Purses Subject of Private NYRA Meeting

    The trustees of the New York Racing Association, a target of allegations of wrongdoing and mismanagement, met in private Sept. 24 to devise ways to keep from losing the franchise to operate the state's premier Thoroughbred tracks.

  • The Greatest Game to Sponsor CNBC Program

    The Greatest Game, an initiative to encourage Thoroughbred ownership, will sponsor the Friday edition CNBC's "Squawk Box" when the show is broadcast live from Saratoga Race Course leading up to the Aug. 23 Travers Stakes (gr. I). The show airs on CNBC weekdays from 7-10 a.m.

  • NYRA's Mystery Voucher Promo Stopped Mid-Stream

    After mailing out 180,000 vouchers to its fans, the New York Racing Association has scuttled its marketing tool known as the "mystery voucher'' program after state regulators ordered new safeguards implemented in the program.

  • Eliot Spitzer, New York AG &quot;applauds&quot; NYRA actions.

    New York AG Approves of NYRA Action on Security, Money-Handling

    New York Attorney General Eliot Spitzer said he came away from a one-hour meeting with New York Racing Association Chairman Barry Schwartz convinced that NYRA will now be taking steps to improve the operations he sharply criticized last month following a three-year investigation.

  • Casino mogul Donald Trump.

    Casino Mogul Trump Joins List of NYRA Critics

    Using a smiling, cigar-chomping photograph of gangster Al Capone atop a caption saying "he would have loved'' the thought of putting slot machines at New York Racing Association tracks, casino mogul Donald Trump has joined in on the growing chorus of NYRA critics.

  • It's Official: 2005 Breeders' Cup to Belmont Park

    Officials of the National Thoroughbred Racing Association and Breeders' Cup Limited have reached an agreement in principle with the New York Racing Association making Belmont Park in Elmont, N.Y., the host site for the 2005 Breeders' Cup World Thoroughbred Championships.

  • It's Official: 2005 Breeders' Cup to Belmont Park

    Officials of the National Thoroughbred Racing Association and Breeders' Cup Limited have reached an agreement in principle with the New York Racing Association making Belmont Park in Elmont, N.Y., the host site for the 2005 Breeders' Cup World Thoroughbred Championships.

  • Belmont Ball to Honor Affirmed and Reeves

    Richard Stone Reeves, the international equine artist, and Affirmed, the 1978 Triple Crown winner, will be honored at the Belmont Ball at Belmont Park on June 5.

  • Schwartz: VLTs Hinge on Agreement With Horsemen

    The New York Racing Association cannot proceed with its video lottery terminal program unless it strikes a deal with its horsemen to reduce the revenue-sharing for purses in the later years of the program, NYRA chairman Barry Schwartz said.

  • Horse Racing Has Good Chance...But There Are Catches

    The horse racing industry should be pretty healthy 20 years from now -- if it properly embraces technology, expanded wagering opportunities, alternative gaming, and the breeding side of business remains vital, top racetrack officials said March 14.

  • New York Racing Industry Upset With VLT Plan

    Gov. George Pataki has rocked the New York racing industry with a plan to dramatically alter the revenue-sharing arrangement for the state's long-stalled video lottery program and also impose a higher tax on pari-mutuel handle.

  • NYRA and Trump in VLT Deal? It's Possible

    The New York Racing Association, with its video lottery terminal program running behind schedule, is turning to outside casino operators to run its proposed Aqueduct VLT facility, and among those under consideration is Atlantic City casino mogul Donald Trump.

  • No Live Racing at Belmont Park on Sept. 11

    The New York Racing Association has submitted a request to the New York State Racing and Wagering Board to be dark on Wednesday September 11 and run instead on Monday Sept. 9.<br>

  • NYRA Chairman Barry Schwartz

    NYRA Chairman Criticizes Magna Investment in Maryland

    Early in a program about the Saratoga season at the National Museum of Racing Monday night, New York Racing Association chairman Barry Schwartz criticized the recent purchase of a majority interest in the Maryland Jockey Club by Frank Stronach's Magna Entertainment.

  • Guilty NYRA Clerks Fired

    The New York Racing Association has announced it has terminated the 16 pari-mutuel employees who pleaded guilty this week to charges relating to federal tax fraud.

  • NYRA Has Capital Plan for $100 Million in Loans

    The New York Racing Association should know by the end of the week of June 24 if it will receive about $100 million in new loans for a major capital program at its three racetracks, the head of the racing organization said.

  • VLT Operating Hours Still Hot Issue in New York

    Racetracks in New York have launched a last-ditch effort to extend the operating hours of the state's new video lottery program. The tracks insist they need to let gamblers stay at their facilities longer if they are to turn a profit.

  • Lured by perfect weather and a Triple Crown bid, fans crowded into Belmont Park on Saturday.

    Schwartz Hopeful for Record Belmont Crowd

    New York Racing Association chairman and CEO Barry Schwartz said Saturday morning at Belmont Park that he is hoping for one thing -- a crowd of more than 85,818. All indications are he might just get it.

  • NYRA Franchise Extension Approved by Legislature

    A deal to extend the New York Racing Association's franchise to run three tracks in the state was approved May 16 by the Senate and Assembly as part of a state budget package. NYRA must have VLTs in operation at Aqueduct by April 1, 2003.

  • Schwartz: Aqueduct VLT Plan Must be Scaled Back

    Plans by the New York Racing Association to build a world-class gambling facility to house video lottery terminals at Aqueduct will have to be shelved because state regulators are requiring tracks to pay too much of the program's expenses.

  • New York VLT Plan Moves Ahead

    State regulators in New York have approved a plan for 11,400 video lottery terminals at eight racetracks, but also appear to have dismissed the industry's demand for more help to make alternative gaming profitable.

  • New York City OTB Gets New Boss

    New York City Mayor Michael Bloomberg has named Ray Casey, who directed the city's Trade Waste Commission, to head New York City Off-Track Betting Corp., the New York Post reported Feb. 21. Bloomberg also said the city wouldn't sell the betting corporation, at least for now.