Keyword: new york city off-track betting corporation

  • Belmont Day Sets Wagering Record for NYCOTB

    Belmont Day at New York City Off-Track Betting facilities set a record for the highest Belmont Day handle in the corporation's 32-year history. NYCOTB patrons wagered $8,456,289.

  • NYRA Chairman Barry Schwartz

    NYRA Chairman Criticizes Magna Investment in Maryland

    Early in a program about the Saratoga season at the National Museum of Racing Monday night, New York Racing Association chairman Barry Schwartz criticized the recent purchase of a majority interest in the Maryland Jockey Club by Frank Stronach's Magna Entertainment.

  • New York Mayor Rudolph Giuliani.

    Giuliani: Sell NYCOTB to Raise Revenue

    New York Mayor Rudolph Giuliani is urging state lawmakers and the governor to approve his plan to sell the New York City Off-Track Betting Corp. to a Magna Entertainment-led consortium as a way to raise much-needed revenues in the aftermath of the Sept. 11 terrorist attacks.

  • Ray Paulick<br>Editor in Chief

    Rotten Apple

    <i>By Ray Paulick</i> -- If the privatization of the New York City Off-Track Betting Corporation was a horse race, the inquiry sign would have lit up immediately after the city's mayor, Rudolph Giuliani, on Aug. 2 announced the bureaucracy would be sold to a group headed by Frank Stronach's Magna Entertainment and Bob Green's Greenwood Racing.