Keyword: Joseph Lambert

  • VLT proceeds are part of state audit of NYRA

    Audit: NYRA 'Overstated' Financial Condition

    New York's top fiscal watchdog said the New York Racing Association's portrayal of its financial improvements have been artificially inflated after an audit found the not-for-profit operation has run up deficits of $109 million on the racing side.

  • NYRA president and CEO Chris Kay

    NYRA Offers Three Re-Organization Options

    Three-and-a-half years after being put under state control by Gov. Andrew Cuomo, the New York Racing Association board of the directors approved a plan April 12 for a return to privatization at a meeting in New York City.

  • NYRA president Christopher Kay

    NYRA Board Preparing Privatization Plan

    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.

  • The board of the New York Racing Association made no recommendations about the future of Aqueduct Racetrack.

    NYRA Plan Won't Recommend Changes at Aqueduct

    The agenda for the Nov. 12 meeting of the board of the New York Racing Association was short and sweet: to discuss a re-privatization plan for the organization due next spring to the office of New York Gov. Andrew Cuomo.

  • Chris Kay, NYRA President and CEO

    NYRA Board Gets Optimistic Report From Kay

    Optimism was evident May 28 as the board of directors of the New York Racing Association heard Chris Kay, president and CEO, detail several improvements customers can expect on what could be an historic Belmont Stakes day.