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Funeral Arrangements Set for Peter Karches

Funeral Arrangements Set for Peter Karches

Funeral arrangements have been finalized for Peter F. Karches, former Co-Chairman of the New York Racing Association, who died April 13 after a long bout with leukemia.

NYRA Adds Purse Bonus in Off-the-Turf Races

In an effort to keep horses from being scratched in off-the-turf races, New York Racing Association will increase the purse in such events by 20% so long as there are eight betting interests.

Former NYRA Co-Chair Karches Dead

Former NYRA Co-Chair Karches Dead

Peter F. Karches, former co-chairman of the New York Racing Association (NYRA), died while hospitalized in Boston, Mass. April 13 from chronic lymphocytic leukemia, the most common form of adult leukemia.

On-Track, Overall Handle Up at Aqueduct in '06

On-track handle was up 8.9% for the New York Racing Association at Aqueduct during the first three months of 2006 and average daily handle on NYRA races only improved 2.7% from $8,225,983 to $8,438,303.

Robert Flynn Resigns From NYRA Board

Robert F. Flynn announced his resignation from the New York Racing Association's Board of Trustees April 7, citing his responsibilities as executive director of the New York Thoroughbred Horsemen's Association.

Delayed Aqueduct VLT Costs Soaring

Delayed Aqueduct VLT Costs Soaring

The projected costs of the New York Racing Association's video lottery terminal casino keep soaring, and state officials are voicing renewed concerns about the delay in building the new gambling facility at Aqueduct racetrack.

New York Committee Meets at Racing Hall

Two months after conducting initial hearings in Albany and New York City, the Ad Hoc Committee on the Future of Racing was back in public session Thursday at a daylong program held at the National Museum of Racing and Hall of Fame in Saratoga Springs.

NYRA Seeks Rebate OK With New Phone Bet System

NYRA Seeks Rebate OK With New Phone Bet System

The New York Racing Association, through its contract with United Tote, linked with VeCommerce Inc., of Littleton, Mass., on March 7 to provide automated telephone account management and wagering functions to its current NYRA One account holders and any new subscribers from New York and Connecticut.

NYRA to Accept Maryland Shippers March 18

The New York Racing Association will allow horses to ship into its racetracks from Maryland beginning March 18, providing those horses meet certain requirements.

Fair Hill Training Center Takes EHV-1 Precautions

Fair Hill Training Center Takes EHV-1 Precautions

Fair Hill Training Center, home to more than 400 horses, has instituted stringent guidelines to ensure the well being of all horses stabled at the facility and to provide the best opportunity for those same horses to race when entry restrictions lift later this month as nearby out of state racetracks.

FNYR Report: Address Health and Welfare Issues

Friends of New York Racing, formed to advocate a new economic model for the pari-mutuel industry in the state, believes backstretch health and welfare issues should be addressed as part of the selection process for the New York Racing Association franchise.

NYRA Bailout Tied to Hike in Takeout Rate

The New York Racing Association will have to raise pari-mutuel takeout if it is to obtain a $20-million loan from the state of New York, according to language buried in state budget bills introduced the week of Jan. 16.

NYRA Hopes to Receive Additional $20 Million Soon

With construction set to start on a video lottery terminal casino at Aqueduct in late January, racetrack, the New York Racing Association is pushing the state of New York to provide an additional $20-million bailout before spring.

Pataki Offers Last-Ditch Plan to Assist NYRA

Pataki Offers Last-Ditch Plan to Assist NYRA

New York Gov. George Pataki is offering $10 million in immediate aid to help keep the ailing New York Racing Association from insolvency, and he pledged to work with legislators on another measure to lend NYRA cash against its future gaming proceeds.

Report: New York Must Overhaul Racing Laws

Report: New York Must Overhaul Racing Laws

New York officials need to act quickly to launch a major overhaul of racing laws to help jumpstart the state's $1.4-billion Thoroughbred racing industry, Friends of New York Racing concluded in its year-end report on the status of pari-mutuel horse racing in the state.

Racetrack, Jockeys' Guild Officials Meet

Racetrack officials met with the new leadership of the Jockeys' Guild Dec. 1 to discuss "issues of mutual concern," according to a Guild release.

Sotheby's Suspends Sale of NY Equine Art

Sotheby's Suspends Sale of NY Equine Art

The auction of 19 pieces of equine artwork by the financially ailing New York Racing Association has been canceled after Sotheby's auction house withdrew the sale under threat of legal action by the state government.

NYRA Requests 257-Day Season for 2006

The New York Racing Association has requested a 257-day racing season for 2006, pending formal submission to and approval by the New York State Racing and Wagering Board.

Hill 'n' Dale to Sponsor Cigar Mile

The New York Racing Association announced Nov. 16 that Hill 'n' Dale Farm has become sponsor of Aqueduct's $350,000 Cigar Mile (gr. I). Formerly, the NYRA Mile, the 17th running of the Hill 'n' Dale Cigar Mile will be run on Saturday, Nov. 26.

State Says NYRA Artwork Not Approved for Sale

State Says NYRA Artwork Not Approved for Sale

New York state is threatening legal action against the New York Racing Association and the auction house planning to sell NYRA artwork because it claims it hasn't signed off on the sale of the equine art collection.

NYRA Ripped for Bypassing State Oversight Panel

The New York Racing Association, which hopes to get the state's attention on its current fiscal plight, did itself no favors by the way it hired a bankruptcy law firm to represent it in the event of insolvency if the reaction of the head of a new oversight panel is any indication.

Parties in New York Finalize VLT Revenue Deal

A revenue-sharing deal for video lottery terminals at Aqueduct would give horsemen 7.5% of gross gaming revenue for the first three years, and breeders 1.25% for the first five years, once the devices are operating.

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