A state investigative agency has concluded that key executives of the New York Racing Association were derelict in their duties to halt a practice that cost bettors more than $7 million.
A new online horse industry publication founded by former New York Racing Association president and CEO Charles Hayward was launched Jan. 22.
The New York Racing Association is trying to quickly call a board meeting for the week of June 17 to approve a new chief executive officer to run the three-track racing franchise now overseen by the state of New York.
The New York Racing Association board of directors, at a meeting late in the afternoon of April 29, appointed an interim management team to run the corporation's racetracks until a new chief executive officer is hired.
New York Racing Association President and COO Ellen McClain announced Jan. 25 that she is resigning from her role, and board leaders said they would immediately begin a national search to find a replacement.
Former New York Racing Association president and chief executive officer Charles Hayward said Jan. 24 he wants the association to meet its obligations in the wake of his being fired last year.
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.
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.
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.
New York regulators say NYRA's appointment of a new president was "inappropriate." The state also has taken away daily casino payments from NYRA and put them toward the lottery.
The New York Racing Association has named Ellen McClain as its new president and Kenneth V. Handal as acting general counsel and chief ethics and compliance officer.
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."
The New York Racing Association is under scrutiny by Gov. Andrew Cuomo like it was when his father, Mario Cuomo, was New York governor 20 years ago.
The New York Racing Association has fired president Charles Hayward May 4 following revelations he may have known the racing group was violating state law by not lowering takeouts on exotic wagers.
State investigators wasted little time launching a full-scale probe of the New York Racing Association.
When it was revealed last year that takeout rates on exotic wagers were not lowered as required by law, executives with the New York Racing Association said they were caught unaware of the problem.
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?
Leading veterinarians and a Hall of Fame jockey will be among those studying the 20 fatal breakdowns of horses racing at Aqueduct Racetrack since December, New York officials announced March 22.
The New York Racing Association and The Jockey Club announced that the June 7 Belmont Stakes Charity Celebration will benefit the Grayson-Jockey Club Research Foundation and the Backstretch Employee Service Team.
The Jockey Club announced March 5 that more than a dozen racetracks have committed to publishing their statistics from the Equine Injury Database through a new website set up by the breed registry.
Legislators, regulators, and racetrack executives are expressing growing optimism about the state of the horse racing in New York.
The New York Racing Association is proposing a plan to let it operate pari-mutuel wagering in an initial 10 bars and restaurants in New York City.
Just days after being praised by state officials for their fiscal openness, officials with the New York Racing Association were enduring a new round of criticism after revelations it had overcharged bettors on exotic wagers.
The New York Racing Association predicted the size of fields at its tracks could grow by an average of one-half to one horse per race in the coming year thanks to higher purses from the new casino at Aqueduct.
The National Thoroughbred Racing Association announced Dec. 16 that Aqueduct has earned re-accreditation from the NTRA Safety and Integrity Alliance.
The Jockeys' Guild and the New York Racing Association have reached a three-year agreement through 2014.
Just one day shy of the 10th anniversary on which former New York Gov. George Pataki signed a law approving racetrack casinos, Aqueduct's new VLT facility will open the afternoon of Oct. 28.
The New York Racing Association announced Oct. 5 that Ellen McClain has been promoted to the position of executive vice president and chief operating officer.
The New York Racing Association has announced that total purses for the 2012 winter/spring meet at Aqueduct are expected to increase by approximately $8.6 million, or 36%, over this year's meet.
The NBC Sports family of networks will televise stakes action from Saratoga in 2012 and 2013, extending its initial agreement that saw them beam 2011 races from the Spa to a nationwide audience.
- By Vic Zast
The buzz turns from what was to what will be. read blog
Residents of Saratoga Springs, N.Y., get chance to speak out on 21 proposed capital improvements projects for Saratoga Race Course.
The New York Racing Association announced a menu of 21 potential capital improvement projects for Saratoga designed to secure the historic nature of the race track while enhancing the facilities and overall fan experience.
The New York Racing Association is inviting the public to participate in a Sept. 1 community forum to review a menu of potential capital improvement projects for Saratoga.
The New York Racing Association, which was unhappy Breeders' Cup chose Santa Anita Park over Belmont Park to host the 2012 World Championships, already is in discussions with the organization to be the 2013 host site.
The Jockey Club today announced the election of five new members: Madeline Auerbach, Nick Eaves, Charles Hayward, Johnny Weatherby, and Marylou Whitney.
With expectations that funding for the New York-bred program will increase about 100% by 2014, officials hope to strike a balance with plans to expand its offerings and rewards for owners and breeders.
As expected, Breeders' Cup Aug. 10 announced that Santa Anita Park in California will serve as the 2012 host site of the two-day World Championships.
New York Congressman Chris Gibson announced Aug. 9 he has introduced legislation, H.R. 2702, the Wire Clarification Act of 2011, to ensure internet wagering on Thoroughbred horse racing remains legal.
The New York Racing Association has struck a deal with Resorts World Casino New York by which the gaming company will operate some concessions at Aqueduct, which is being redeveloped to accommodate 4,500 gaming machines.
The New York Racing Association, Inc. and Equibase Company have announced they will launch the "Play Saratoga" Facebook game on Wednesday, Aug. 3.
New York Racing Association reported that attendance for the first four days of its Saratoga meeting was up 2%, while all-sources handle rose 10%.
Saratoga registers gains in key categories on opening day.
- By Vic Zast
Congresswoman Gabrielle Giffords will have a race named in her honor. But vote for best race on Opening Day goes to James Marvin Stakes. read blog
Belmont Park, saying it benefited from the shutdown of New York City Off-Track Betting Corp., reported increases in attendance and most pari-mutuel handle categories for its 2011 spring/summer meet.
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.
A day after citing concerns about a lack of fiscal transparency, a New York state panel has called for an investigation of the New York Racing Association.
In spite of rainy weather and muddy track conditions, a crowd of 55,779 wagered $10,098,573 on Belmont Stakes Day races, a 32.9% increase over $7,598,840 in 2010, the New York Racing Association reported June 11.
A partnership between the New York Racing Association and the Ram Truck Brand will enable the latter to integrate vehicle displays onsite at Belmont Park as well as sponsor the $150,000 Brooklyn Handicap.
Attendance, on-track handle, and NYRA Rewards account wagering posted substantial increases at the recently concluded 2011 Aqueduct Racetrack winter/spring race meeting, while total all-sources handle was down.
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