Hayward Responds to Takeout Allegations
Charlie Hayward urged the state to investigate quickly and "get the facts." He said no deliberate action was taken to keep the pari-mutuel takeout at an illegally higher rate on exotics.
Charlie Hayward urged the state to investigate quickly and "get the facts." He said no deliberate action was taken to keep the pari-mutuel takeout at an illegally higher rate on exotics.
Charlie Hayward said putting limits on out-of-state ADWs will hurt New York racing.
The New York Racing Association, which has long resisted revealing salaries of its top executives, has furnished the information to a top state regulator at a time it is warning of running out of cash later this summer.
New York is joining other states in cracking down on steroid use in horse racing, state regulators announced Oct. 14.
The New York Racing Association, created more than 50 years ago to bolster the Thoroughbred industry, took on a new life Sept. 12 with the formal approval by the state of a new 25-year franchise to exclusively operate Aqueduct, Belmont, and Saratoga racetracks.
Officials with Breeders' Cup and Churchill Downs aren't ready to confirm the 2010 World Championships will be held at the Kentucky racetrack.
Weather not fit for beast or man was the story opening day at Saratoga Race Course July 23. Drenching rain left the main track a sea of slop, necessitated the transfer of five turf races on the 10-race card to the dirt, and kept the attendance on the light side -- 18,127 -- for an opener. The crowd was significantly lower than the 30,052 who came out last year under perfect weather conditions.
The betting menu at New York Racing Association has been beefed up, and will now include rolling daily doubles, and superfectas on every race that meets the requirements.
The New York Racing Association and UPS have announced a partnership agreement for the Belmont Park Spring race meeting, including the June 7 Belmont Stakes (gr. I). The deal is being made in association with ABC Regional Sports Sales.
The New York Racing Association, whose annual deficits are "not reflective of operating in a sound and economical manner," underpaid the state of New York by $10.9 million in franchise fees from 2004 to 2005, according to a new audit by state comptroller Thomas DiNapoli.
The New York Racing Association, whose annual deficits are ?not reflective of operating in a sound and economical manner,?? underpaid the state of New York by $10.9 million in franchise fees from 2004 to 2005, according to a new audit by state comptroller Thomas DiNapoli.
<i>By Ray Paulick</i> - If you're a little confused about the future of racing in New York, join the club. If you're not confused, you're probably not thinking clearly.
The New York Racing Association is considering pulling the simulcast signal sent to New York City Off-Track Betting Corp.'s in-home bettors.
Excelsior Racing Associates has been selected by a state government committee in New York to be the next holder of the franchise to run racing at Aqueduct, Belmont and Saratoga racetracks.
The New York Racing Association is to blame for the delays in state approvals needed to begin construction on the long-stalled Aqueduct casino project, the leaders of the New York Thoroughbred Horsemen's Association claim.
In true Saratoga tradition, "Happy Hour" prices went into effect at 5 p.m. There were price reductions on hot dogs and fries and whiskey and beer. But, other than that, it was another day of trying to pick winners – alas, only three more days of that.
The year's Jockey Club Round Table conference had a decidedly New York theme, with the New York Racing Association espousing its progress and commitment to Thoroughbred racing and breeding in the state, and a representative of the Ad Hoc Committee on the Future of Racing in New York saying the panel is carrying out its mandate.
New York Racing Association president Charles Hayward and New York Thoroughbred Horsemen's Association president Richard Bomze announced Aug. 22 a trust account has been established to protect horsemen's purse money.
The New York Racing Association has named Charles Hayward, a former president of <i>Daily Racing Form</i>, as its new president and chief executive officer. Hayward replaces Terry Meyocks, who resigned following several years of legal and financial turmoil at NYRA.
EquiSoft Inc. and Robert L. Decker LLC, a Louisville, KY., based business consulting firm, reached agreement on a strategic partnership to market software and internet development services to the racing industry, focusing primarily on the development and marketing of pari-mutuel wagering and handicapping software and related new media racing initiatives
<i>Daily Racing Form</i>, the 110-year-old daily newspaper that covers Thoroughbred racing, has been purchased by The Wicks Group of Companies from an entity controlled by Alpine Equity Partners.