The New York Racing Association announced that it will make its final payment April 5 on a $25 million loan provided by Genting in 2011 as per an agreement between NYRA and New York State.
Florida Thoroughbred Owners and Breeders Association supports idea of off-track Miami casino tied to a non-profit race meeting at Gulfstream Park it believes would strengthen the industry in the state.
New York voters Nov. 5 authorized the state to license up to seven new commercial casinos, the biggest casino gambling expansion in state history.
New York Gov. Andrew Cuomo has signed into law a measure sharply increasing the number of Las Vegas-style casinos permitted in the state, if voters agree to go along with the idea in a statewide referendum this fall.
Genting, operator of the successful Aqueduct casino, is expanding its holdings in the United States gambling industry with the purchase of an 87-acre parcel in Las Vegas.
New York Gov. Andrew Cuomo is dismissing efforts to develop a casino at Belmont Park, which would serve as direct competition to the nearby video lottery terminal facility at Aqueduct.
New York Gov. Andrew Cuomo defended his plan to have a private company construct the world's largest convention center next to Aqueduct in the face of a new public poll in which most New Yorkers oppose the idea.
With state money tight, New York Gov. Andrew Cuomo is proposing a plan to create the world's largest convention center at Aqueduct financed by the operator of the track's new casino facility.
The purse for this year's renamed Resorts World New York Casino Wood Memorial (gr. I) has been increased to $1 million through a presenting sponsorship from Resorts World New York to the New York Racing Association.
The New York Racing Association has announced that the backstretch at Aqueduct will close for approximately six weeks to allow for additional construction time on Genting's Resorts World New York casino.
New York's largest horsemen's group is among the latest calling on the Paterson administration to halt a looming agreement with a Wisconsin Indian tribe to build a casino in the Catskill Mountains.
Genting New York officials, after turning over $380 million in licensing fee payments to the state, said they are prepared to quickly start construction on the Aqueduct casino project.
A state judge July 15 amended a temporary restraining order issued earlier in the week that banned the Lottery Division from continuing to work on the bid offered by Genting New York.
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