Keyword: budgets

  • NYRA Budget Passes, But Not Without Debate

    The board of the New York Racing Association met for the first time a year ago, but it wasn't until its eighth meeting Dec. 4 that its members offered significant disagreement to a proposal made by chair David Skorton.

  • NYRA CEO Chris Kay.

    NYRA Budget for 2014 Calls for Hike in Fees

    The New York Racing Association is finalizing a "fresh look" budget for 2014 that will hike fees imposed on simulcast partners and raise prices for racetrack admission and parking while cutting a number of expenses.

  • NH Governor Puts Casino Fee Revenue in Budget

    New Hampshire Governor Maggie Hassan ardently supported the expansion of gambling in the state when she included $80 million from a casino licensing fee in her budget proposal.

  • Indiana Downs

    Indiana Racing Dodges Bullet in State Budget

    Indiana lawmakers have passed a two-year, $28 billion budget that largely spares the horse racing and breeding industry, which was targeted for major reductions in the amount of revenue it receives from slot machines.

  • NTRA president and chief executive officer Alex Waldrop

    NTRA: Balanced Budget, Board Changes in Works

    Operating revenue for the National Thoroughbred Racing Association was down 45.2% in 2009 from 2008, but expenses were down 47.5% year-to-year, leading the organization to suggest it should have a balanced budget for 2010.

  • New Jersey Breeders Question Budget 'Veto'

    The Thoroughbred Breeders' Association of New Jersey is reworking its 2010 budget, but in a Feb. 19 letter to Republican Gov. Chris Christie, the organization took issue with the governor's veto of the budget.

  • NJ Governor Vetoes Budgets of Racing Groups

    Republican New Jersey Gov. Chris Christie used his veto power to scrap budgets for the Thoroughbred Breeders' Association of New Jersey and Standardbred Breeders and Owners Aassociation of New Jersey.

  • NTRA president and chief executive officer Alex Waldrop.

    NTRA Projecting 25% Reduction in Budget

    The National Thoroughbred Racing Association expects to approve a 2010 budget that's about 25% smaller than this year's spending plan, president and chief executive officer Alex Waldrop said.

  • Breeders' Cup Recommendations on Table

    While Breeders' Cup is currently operating with debt some believe will result in cuts to purses, a 20-member group has been working toward long-term solutions to bring the organization back to financial stability.