Keyword: Capital Investment Fund

  • Officials, Others Ponder Future if NYRA is Indicted

    As the racing industry's breath-holding continues as it awaits the ongoing investigation by the U.S. Attorney's office, it is a question state and federal officials, as well as NYRA's boosters and competitors alike, have been increasingly pondering.

  • Feds Seeking Indictment Against NYRA

    Federal prosecutors are preparing an indictment against the New York Racing Association that will allege a corporate conspiracy that permitted corruption to occur at its three racetracks. Sources also say the state is currently developing a contingency plan in case the NYRA is ousted from its duties.