Keyword: NYRA

  • Ray Paulick<br>Editor-in-Chief

    Turn Signal

    <i>By Ray Paulick</i> -- Twenty years ago, in the infancy of whole-card simulcasting, there were fears that only the so-called "super tracks" would survive -- those offering the highest-quality racing signals to receiving sites around the country.

  • Betting Hub Claims NYRA Should Pay Out Wagering Payoffs

    A North Dakota betting hub has broken ranks from other creditors with claims in the complex New York Racing Association bankruptcy case, filing a federal lawsuit that demands the racetrack operator immediately pay out over $1.6 million in net payoffs it claims it is owed from wagering pools.

  • NYRA Signal Cut to Account Wagering Outlets

    The New York State Racing and Wagering Board has turned off the New York Racing Association's simulcast signal to an estimated two dozen account wagering outlets. Regulators criticized NYRA for delays in submitting contracts to the agency for review, a delay that cost the racing entity about $25,000 in Aqueduct betting revenues Feb. 1, the first day of the signals being cut.

  • Aqueduct Casino, More VLTs Possible in '08 Plan

    New York state officials said talks are under way to permit construction to proceed on a casino at Aqueduct, and a crack has opened to possibly permit more video lottery terminals in the state. Additionally, there is a plan by the state to provide more public assistance to keep the New York Racing Association afloat through 2007.

  • NYRA Asks Court to Halt Franchise Award

    The New York Racing Association is asking a federal bankruptcy judge to halt the state's plan to turn Aqueduct, Belmont Park, and Saratoga over to the next Thoroughbred franchise-holder.

  • Confident Swindal Laying Plans for Excelsior

    New York Yankees partner Steve Swindal said his Excelsior Racing Associates group is already discussing future track management and laying plans to take over racing in New York on Jan. 1, 2008 when, he believes, Excelsior will begin operating Aqueduct, Belmont, and Saratoga racetracks.

  • New York Racing Association Releases '07 Stakes Schedule

    The 2007 New York Racing Association stakes schedule highlights the inaugural Breeders' Cup Challenge with Belmont and Saratoga each hosting challenge-day events. The powerhouse race days highlight NYRA's stakes schedule, which features 38 grade I races and nearly $33 million in stakes purses.

  • Announcer John Imbriale Returning to Aqueduct

    John Imbriale, the New York Racing Association's backup track announcer until his retirement in early 2005, will return as Aqueduct's winter announcer in 2007.

  • Aqueduct Main Track to Close Temporarily

    Aqueduct's main track will be closed for racing and training Nov. 17-20 and will reopen for training on Nov. 21, the New York Racing Association announced Nov. 16.

  • State Provides NYRA $8M Loan for Expenses

    The state of New York has wired the New York Racing Association $8 million to help ease its immediate fiscal troubles, a funding stream that surprised NYRA officials who earlier in the day had been in court on their first hearing after filing for Chapter 11 bankruptcy protection.

  • Friday Morning Line at the Breeders' Cup

    All of the credentialed photographers are gathered around the winner's circle, receiving their locations to shoot tomorrow's races. It's their views to the thrill.

  • NYRA Seeks Bankruptcy Protection from Court

    The New York Racing Association has filed for Chapter 11 bankruptcy protection, charging that the state of New York's failure to approve a long-stalled casino project for Aqueduct Racetrack has pushed it toward insolvency.

  • NYRA Gets Bailout Funds, New Conditions

    The New York Racing Association will get its $19-million bailout from state government provided it gives assurances that it "does not anticipate" filing for bankruptcy protection in the next six months.

  • Panel Calls Urgent Meeting On NYRA Bailout

    With New York Racing Association officials threatening to seek bankruptcy protection, state officials are rushing to complete a deal by Oct. 30 to get government bailout money flowing to the financially ailing NYRA.

  • All-Source Wagering Jumps 6.7% at Belmont

    Belmont Park's fall 33-day meeting concluded with increases in average daily attendance and all sources wagering after subtracting the figures from the 2005 Breeders' Cup World Championships, which was conducted at Belmont Park, to provide a more accurate depiction of business.

  • Bruno Believes NYRA Will Get $19M Soon

    The New York legislature's top Republican believes the New York Racing Association will soon get the remaining $19-million state bailout to keep it from seeking bankruptcy protection.

  • Empire Group Urges Pataki to Release Funds

    The head of a group vying to take over the Thoroughbred franchise from the New York Racing Association is urging Gov. George Pataki to release already-promised state funds to the financially ailing franchise holder.

  • Empire Group Urges Pataki to Release Funds

    The head of a group vying to take over the Thoroughbred franchise from the New York Racing Association is urging Gov. George Pataki to release already-promised state funds to the financially ailing franchise holder.

  • Fight for Franchise Aids New York Political Races

    With the future of the racing industry in New York up in the air, the most immediate beneficiaries appear to be state officials running for office this fall, thanks to a steady flow of money from individuals and companies tied in one way or another to the Thoroughbred franchise renewal process.

  • Horsemen's Group Blames NYRA for VLT Delays

    The New York Racing Association is to blame for the delays in state approvals needed to begin construction on the long-stalled Aqueduct casino project, the leaders of the New York Thoroughbred Horsemen's Association claim.

  • New York Comptroller Alan Hevesi questions motives of state agency.

    New York Comptroller Blasts State Lottery Division

    New York's top fiscal officer has warned a state agency that its delay in approving a video lottery terminal casino contract for Aqueduct is costing the state needed revenue and risking bankruptcy for the New York Racing Association.

  • NYRA, Empire, Excelsior Submit Racing Bids

    The first bids for the franchise to operate Aqueduct, Belmont Park, and Saratoga for 20 years beginning in 2008 were submitted Aug. 29 by the current operator and two groups that included developers and casino and racetrack companies allied with Thoroughbred owners and breeders.

  • New Vet Clinic to Open at Belmont Park

    IEAH Corporation, a subsidiary of International Equine Acquisitions Holdings, Inc. announced Thursday the formation of a state-of-the-art veterinary clinic located across the street from Belmont Park that will be run by noted veterinarians James Hunt and Patricia Hogan.

  • Yankees Partner: Group Keen on New York Racing

    Principals in the ownership of and construction of a new stadium for the New York Yankees are similarly committed to strengthening the Thoroughbred racing and breeding industry in New York via the Excelsior Group, Yankees partner Steve Swindal said.

  • NYRA Asks Horsemen to Join in Aqueduct VLT Push

    Issuing what he termed a "call to action to horsemen and all of the racing community," New York Racing Association president and chief executive officer Charles Hayward asked horsemen for their cooperation in lobbying Gov. George Pataki for immediate permission to install and operate 4,500 video lottery terminals that have been delayed at Aqueduct.

  • Churchill Downs, Magna Join Forces With Empire Racing

    The continuing consolidation of racing interests seeking the franchise currently held by the New York Racing Association took a quantum leap Wednesday when it was announced that Churchill Downs Inc. and Magna Entertainment were joining the Empire Racing team.

  • Former U.S. Attorney to Assist Empire Racing

    A former U.S. Attorney for the Western District of New York, Denise O'Donnell, has joined the Empire Racing team to help create a comprehensive racing and corporate integrity plan that will be a "covenant of trust and confidence" with racing fans and the public.

  • New York Official Has RFP Recommendations

    The New York comptroller has called on the Ad Hoc Committee on the Future of Racing in New York to supplement its request for proposals for Thoroughbred racing franchise-holders to require respondents to specifically address initiatives intended to ensure the integrity of racing and wagering recommended in 2005 by court-appointed federal monitor Getnick & Getnick.

  • Former official Tim Smith caught up in NYRA controversy.

    Former NTRA Commissioner Comes Full Circle

    Tim Smith was a racing outsider when he was recruited as the first commissioner of the National Thoroughbred Racing Association in 1998. Now, he's again an outsider--maybe even an outcast--caught up in the acrimony dominating the quest for the franchise to operate the three major Thoroughbred racetracks in New York.