New York Gov. Andrew M. Cuomo announced Aug. 8 that Churchill Downs Technology Initiatives Company will open a call center in Amherst, N.Y., to handle the New York Racing Association's telephone betting services.
Total pari-mutuel handle at New York Racing Association tracks was up 76% in the first month after the shutdown of New York City Off-Track Betting Corp., according to state officials.
With the future of the New York City Off Track Betting Corp. up in the air, the New York Senate returned to the Capitol to find itself in the middle of a long-standing battle between tracks and OTB corporations.
- By Tom Precious
The New York Racing Association could run out of cash before July 1 under a doomsday scenario provided to its board of directors.
Jockey Calvin Borel, who rode the winners of this year's Kentucky Derby Presented by Yum! Brands (gr. I) and the BlackBerry Preakness Stakes (gr. I), will be a member of the Saratoga Preview panel on Monday, July 27 at the National Museum of Racing and Hall of Fame.
A crowd of 52,861 wagered $9,021,196 on Belmont Stakes Day races June 6, compared with $13,233,071 on-track handle a year ago when Big Brown's Triple Crown attempt was witnessed by 94,476. The 2008 handle figure was second-highest in Belmont Stakes Day wagering history.
The New York Racing Association removed its televised signal of Belmont Park races from the in-home distribution network of Nassau Regional Off-Track Betting Corp. June 3, and the OTB corporation June 4 issued a statement saying it takes offense to being accused of piracy.
NetJets, the world's leading private aviation company, will partner with the New York Racing Association for the second consecutive year on an extensive, multi-tiered presence at Saratoga for the 2009 racing season.
Two-time Horse of the Year Curlin and his connections have swept the top awards for 2008 as voted by the members of the New York Turf Writers Association.
In a short statement issued Jan. 1, New York Racing Association chief Charlie Hayward said an agreement had not been reached to send the organization's racing signal to TVG.
The 37-day 2008 Belmont fall meeting, which ended on Oct. 26, produced mixed business results. All-sources handle on NYRA races was $356.3 million, compared with the 2007 figure of $346.5 million, for an increase of 2.8%. Because the 2008 meet included four more days than the 2007 meet, there was actually an 8.3% decline in the equivalent daily average all-sources handle figure.
Severe thunderstorms, heavy rain, and nearly continuous inclement conditions played havoc on attendance and handle figures during the third week of the 2008 Saratoga Race Course meet, according to the New York Racing Association, Inc.
Charlie Hayward, the president and chief executive officer of the New York Racing Association, spoke about NYRA's ongoing franchise issues during a June 23 press conference in Albany, N.Y., previewing the upcoming Saratoga Race Course meet.
NetJets, the world's leading private aviation company, has reached an agreement with the New York Racing Association for an extensive, multi-tiered presence at Saratoga Race Course for the 2008 racing season, which runs from July 23 to Sept. 1. The deal includes under-the-rail signage, race sponsorship, and hospitality, and was reached in conjunction with ABC Regional Sports Sales.
In a financial statement released by the New York Racing Association March 28, the non-profit organization reported total net operating losses of $34.28 million in 2007. That figure is nearly double from 2006, when total net losses reached $17.83 million.
The New York Racing Association announced March 19 that Hill 'n' Dale Farms will continue to sponsor the Hill 'n' Dale Cigar Mile Handicap (gr. I) through 2010.
The New York Racing Association is working on putting a "contingency plan" in place should Aqueduct be forced to close Feb. 14, NYRA's president and chief executive Charles Hayward said Feb. 5.
A release from the New York Racing Association highlighted strong growth in key areas with the on-track handle increasing, but all-sources wagers and average starters per race reflected a slight dip when the organization reported its final 2007 figures Jan. 18.
The New York Racing Association can agree to new performance benchmarks for its operations as part of a franchise extension deal, but state officials must be more flexible to take into account future changes in the racing industry that could affect those new standards, according to the president of NYRA.
- By Tom Precious
NYRA has submitted financial plans it anticipates a bankruptcy court will use to begin the process of ending its Chapter 11 protection.
- By Claire Novak
Members of the New York Racing Association's gate crew will meet Thursday with jockeys at Saratoga Race Course to discuss issues caused by miscommunication before the start of several recent races at the New York oval, NYRA CEO Charlie Hayward said.
TVG announced Monday, July 23, that it will air live racing and on-site programming during opening week of the 2007 Saratoga meet.
Allan R. Dragone, former chairman of the New York Racing Association, died Aug. 20 after a lengthy illness.
- By Vic Zast
Charlie Hayward, the racetrack's president, credits Bill Nader, his newly-promoted chief operating officer, with coming up with the "Grand Slam." Nader pushed for the innovative bet hoping that it would give horseplayers a tantalizing way to wager on several races.
Peter Karches resigned his position as co-chairman of the New York Racing Association at a board of trustees meeting in Manhattan Dec. 7. He will remain a member of the board.
- By Mike Kane
During a meeting with horsemen Thursday at Saratoga Race Course, New York Racing Association president Charles Hayward said that purse accounts are fully funded and plans are being developed to build pre-race detention barns for the 2006 Saratoga season.
The New York Racing Association is "100 percent committed" to race day security barns, but has taken immediate action to address concerns expressed by horsemen at Saratoga Race Course, NYRA president Charles E. Hayward said July 29.
- By Tom Precious
A secret group interested in bidding for the racetrack franchise now held by the New York Racing Association is urging the U.S. Attorney's office to prosecute the racing entity.
The New York Racing Association announced Tuesday that it is terminating its simulcast agreements with the four active wagering sites named in an 88-count indictment from the U.S. Attorney's Office for the Southern District of New York and that it will soon begin post-race testing for "milkshaking."
Henry White was not the breeder of record for any of the eight Breeders' Cup World Thoroughbred Championship winners in 2004, but he received the biggest ovation when the winning breeders were honored at an annual awards dinner Saturday at Keeneland.
The New York Racing Association announced Friday that John Passero has been named track superintendent at Aqueduct, Belmont Park and Saratoga.
- By Mike Kane
Newly hired New York Racing Association president and chief executive officer Charles Hayward said Nov. 22 the racing organization is close to operating in the black again.
- By Tom Precious
The New York Racing Association has named Charles Hayward, a former president of Daily Racing Form, as its new president and chief executive officer. Hayward replaces Terry Meyocks, who resigned following several years of legal and financial turmoil at NYRA.
The New York Racing Association is close to naming a new president, and sources say Charles Hayward, the former chief executive officer of the Daily Racing Form, is in line to take over at a crucial time in the racing entity's history.
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
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