The New York Racing Association announced June 7 the formation of a new board of directors that moves the racing corporation from the state government to private hands. The new privatized board will be chaired by Michael Del Giudice.
New York horsemen and tracks will pay the full costs of equine drug testing in the state, an amount that totals more than $4 million annually, under a state budget deal that was given final adoption by lawmakers April 9.
A final agreement has been reached to permit Thoroughbred racing to continue at Finger Lakes Racetrack as part of a two-year deal that includes additional funding for purses from several stakeholders.
The number of racing dates at New York's Finger Lakes racetrack could plummet by at least 15 percent under a proposal pushed by state officials to help the track cope with competition from a newly opened commercial casino.
New York state would stop paying costs associated with equine drug testing in the horse racing industry, Gov. Andrew Cuomo has proposed in his new 2017 state budget plan.
A bill lawmakers passed intended to pressure Gov. Andrew Cuomo to return NYRA to private hands sits among the few pieces of legislation not yet delivered to the governor for his consideration.
Legislation permitting the New York Jockey Injury Compensation Fund to look at alternative coverage options for its increasingly expensive workers compensation insurance program has been vetoed by Gov. Andrew Cuomo.
A decision on the re-privatization of NYRA was delayed, but groups in the city of Saratoga Springs are taking full advantage of the well-attended summer race meet to reiterate their position in advance of the 2017 legislative session.
The New York Racing Association's return to re-privatization may be in a holding pattern, but NYRA is hardly standing still as it waits to learn what the next iteration of organization will look like.
The administration of Gov. Andrew Cuomo is hitting back at criticism from the Saratoga Springs community over the recent controversy involving the now-scuttled plan to end a four-year period of state government control of NYRA.
Unable to break a negotiating logjam, New York Gov. Andrew Cuomo and lawmakers have tentatively agreed to extend the state's control of the New York Racing Association for another year rather than return it to private hands.
Defying Gov. Andrew Cuomo, New York lawmakers June 15 gave final approval to legislation that would return the New York Racing Association to private control after a four-year period in which the board was dominated by appointees of the governor.
Talks have stalled over returning control of the New York Racing Association to private hands after a four-year period in which appointees of Gov. Andrew Cuomo have dominated the not-for-profit corporation's board of directors.
A measure to end the state's control of the New York Racing Association is advancing in the New York legislature, and a key lawmaker said Gov. Andrew Cuomo has still not revealed his own idea for the future of the racing organization.
Another Saratoga Springs-based organization has issued a call for privatization of the New York Racing Association as state lawmakers work on legislation that will shape the future structure of the organization.
A Saratoga Springs Thoroughbred group is blasting a plan for the future of the New York Racing Association that it claims is being circulated by Gov. Andrew Cuomo.
Racing and gambling matters are still in play in New York as the governor and lawmakers try in the coming week to put the finishing touches on a new state budget.
The New York Racing Association is preparing to return to private control, board chairman Michael Del Giudice said at a meeting of the association's board of directors March 10 in New York City.
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.
An audit released by New York's chief fiscal watchdog is critical of how NYRA is handling major expenses on capital projects.
The New York State legislature has halted a longstanding ban against pari-mutuel wagering and live racing on Palm Sunday, a move industry supporters claim will raise revenue for tracks and the state.
A company tied to Anthony Bonomo, the new chairman of the New York Racing Association, is named in an indictment against the former majority leader of the New York Senate.
New York officials have agreed to keep intact the state's oversight of the New York Racing Association, a control period that was to expire this October.
A New York casino panel has approved another round of bids for a gaming facility in the Southern Tier region of the state located near Binghamton and just across from the Pennsylvania border.
A New York panel has begun anew the process for awarding a commercial casino license in the state's Southern Tier region after the urging of Gov. Andrew Cuomo.
The leaders of the New York Racing Association will start outlining a path for the racing giant's future at a board meeting Nov. 12, and it could be a precursor to talks at the state Capitol next year.
New York racetrack gaming facilities, most of which have been facing slumping financial numbers this year, will be able to stay open later into the early morning and be authorized to offer more free play.
The New York Racing Association is at some unknown date losing its board chairman as it looks in the next year or so to move from a state-run entity back to a privately held corporation.
The New York state Senate next week is poised to confirm Gov. Andrew Cuomo's choice for the new head of the state Gaming Commission, the powerful regulatory agency that oversees racetrack and casino operations.
State lawmakers in New York are trying again to get legislation approved permitting tracks and off-track betting corporations to work together on race date start times and simulcasting schedules.
New York's timetable for new casino developments became clearer Jan. 8 with Gov. Andrew Cuomo announcing that a college president will head a panel charged with siting the first round of four casinos.
New York Gov. Andrew Cuomo has signed legislation to create a statewide standard for rebate programs at racetracks and off-track betting corporations.
Pro-casino forces raised in excess of $3.5 million the last four weeks to finance television ads and mailings trying to convince New York voters to approve a large expansion of gambling facilities in the state.
A lower court state judge in New York has dismissed a lawsuit that sought to halt a statewide ballot referendum to change the state's constitution to permit commercial, Las Vegas-style casinos around the state.
New York Gov. Andrew Cuomo's plan to create gambling competition for racetrack-based casinos was a topic of an hour-long, closed-door meeting June 18 with legislative leaders trying to end the 2013 legislative session.
A New York racetrack hoping to be considered for a full-scale casino announced a $30 million development project that will include a hotel, event center, and upscale restaurant.
New York officials are all but certain to put off final negotiations on a play to add up to seven casinos in New York until later in the legislative session.
The New York legislature's most powerful Democrat said Jan. 24 he would be open to further casino development at Aqueduct Racetrack, as well as several other specific locations in New York City except for Manhattan.
New York Gov. Andrew Cuomo wants to dip into purse accounts to take $1.5 million to $2 million per year for equine safety programs at the state's racetracks.
A new state-controlled board of directors at the New York Racing Association held its first meeting Dec. 12, bringing the long-embattled racetrack operator to a new and uncertain place in its history that dates back to 1955.
A measure permitting an upstate off-track betting corporation to run gambling facilities in New York City has been sent to Gov. Andrew Cuomo for his veto or signature.
Just days before the state is to take over control of the New York Racing Association, New York Gov. Andrew Cuomo is sending signals he wants to put the operation of the racing entity out to bid to for-profit companies.
Just weeks before the Cuomo administration takes over the New York Racing Association, state officials are moving to sell what they say are two underused parcels of land at Belmont Park.
With the state government about to take control of its operations, the New York Racing Association on June 26 unveiled its new marketing director to a state financial control panel.
The New York Assembly June 20 unanimously passed and sent to the Senate legislation that would permit the state to run the New York Racing Association for at least the next three years.
The New York Racing Association board of directors will be dominated by a new panel of members selected by Gov. Andrew Cuomo and state legislative leaders under a deal announced May 22.
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 is under scrutiny by Gov. Andrew Cuomo like it was when his father, Mario Cuomo, was New York governor 20 years ago.
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 Democratic-led Assembly and the Republican-controlled Senate in New York have approved a measure calling for a constitutional amendment that would allow up to seven casinos statewide.
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