Gov. Andrew Cuomo's proposed budget would also increase the takeout to cover regulatory costs and could divert VLT money from purses to equine health initiatives.
Officials at Finger Lakes in upstate New York said the facility risks closure as early as 2017 unless the state takes action to protect its finances in the wake of approval Dec. 21 of a full-blown casino about 25 miles away.
In an apparent move to pressure state officials to at least lower its mandated tax rate, Finger Lakes Gaming & Racetrack said Dec. 18 that it wants to cut the number of Thoroughbred race dates in 2016 by nearly 20%.
New York racetrack Finger Lakes has launched an advance deposit wagering site, FingerLakesBonusBets.com. The site will offer phone and Internet wagering powered by eBet Technologies.
The National Thoroughbred Racing Association announced April 18 that Finger Lakes in Farmington, N.Y., has earned re-accreditation from the NTRA Safety and Integrity Alliance.
A $250,000 bonus will be awarded to the connections of a horse that sweeps this year's Big Apple Triple, a series of races for New York-bred 3-year-olds at Belmont Park, Finger Lakes Racetrack, and Saratoga Race Course.
Finger Lakes Casino & Racetrack in upstate New York has eliminated nine stakes this year because of reductions in purse supplements from the New York Thoroughbred Breeding and Development Fund.
The National Thoroughbred Racing Association announced April 12 that Finger Lakes Casino and Racetrack in Farmington, N.Y., has been fully accredited by the NTRA Safety and Integrity Alliance.
The New York Gaming Summit will make its downstate debut in the Hudson River Valley June 21-22, and will discuss the current crisis in the racing industry.
Leon Reed, an assistant starter at Finger Lakes Gaming & Racetrack, died Saturday evening due to injuries suffered as the result of an accident that occurred while he loaded a horse into the starting gate for the fifth race earlier that day.
Patrons waited more than two hours to enter Finger Lakes Gaming & Racetrack Feb. 18 for the opening of the track's video lottery terminal parlor. The scene was reminiscent of one that played out a few weeks earlier when Saratoga Gaming and Raceway became New York's first operating racino.
- By Tom Precious
Finger Lakes in upstate New York will open its video lottery terminal parlor Feb. 18 to become the second racino to begin operation in the past month under a 2001 state law.
Finger Lakes Gaming & Racetrack officials Monday announced a 35% increase in overnight purses beginning with opening day of the 2004 racing season.
- By Tom Precious
Delays aside, Finger Lakes Racetrack plans to begin its 162-day season on April 18, though the track's owners and horsemen continue to have their focus on an elusive goal: video lottery terminals.
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