Keyword: NYRA

  • 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.

  • New York Gov. George Pataki

    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.

  • New York Senate Majority Leader Joseph Bruno

    New York Lawmaker Calls for Creation of Fund to Help NYRA

    New York's top Republican in the state legislature has called for the creation of a $30-million state fund to help the New York Racing Association overcome its financial crisis while the state speeds up the process to award a new Thoroughbred franchise.

  • 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.

  • Big 'A' Cancels Friday Card, Simulcasting

    There will be no live racing or simulcasting at Aqueduct Dec. 9 in anticipation of a winter storm, according to a release from the New York Racing Association.

  • 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

    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.

  • Catalogue cover for Sotheby's sale featuring artwork owned by NYRA.

    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.

  • FNYR Study, OTBs Differ on Health of System

    Revenue to localities in the six off-track betting regions in New York is down more than 50% from 2000 to 2004, according to the results of a study commissioned by Friends of New York Racing, the organization that seeks to build a better economic model for the pari-mutuel industry in the Empire state. Two OTB corporations, Capital and New York City, have issued responses to the report, which they believe doesn't tell the whole story.

  • Signage at Belmont Park, indicating location of the race-day detention barns.

    Race-Day Security Barns in Effect for Breeders' Cup

    For the first time in Breeders' Cup history, horses entered in all championship races will be required to pass through a race-day detention barn, keeping in step with security measures set up by the New York Racing Association earlier this year.

  • BC Talks Continue as Marketing Campaign Launched

    As Breeders' Cup officials continued to deal with the fallout from the announcement the New York Racing Association could be nearing insolvency, they indicated Oct. 11 it's all systems go for the Oct. 29 World Thoroughbred Championships at Belmont Park by launching a $2-million marketing push only 18 days before the event.

  • 'Big Three,' Others to Renew NTRA Membership

    The three major racetrack operators -- Churchill Downs Inc., Magna Entertainment Corp., and the New York Racing Association -- have confirmed along with other racing associations and horsemen's groups the renewal of their membership in the National Thoroughbred Racing Association.

  • NYRA Wants to Sell 80 Acres Near Aqueduct

    A secretive group trying to obtain the New York Racing Association franchise is raising concerns about NYRA's attempt to sell 80 acres of land near Aqueduct racetrack--land the group says may not be owned by NYRA.

  • Federal Prosecutors Drop Case Against NYRA

    Federal prosecutors have dropped their longstanding criminal case against the New York Racing Association, which officials said cooperated in reforming past episodes of wrongdoing that could have cost it the franchise to operate the tracks.

  • NYRA Promotes Controller Irene Posio

    The New York Racing Association announced Sept. 1 that Irene M. Posio has been promoted to vice president/treasurer and controller, effective immediately.

  • New York Thoroughbred owner Jack Knowlton among panel appointees.

    Knowlton Among Six Named to Key 'Future of NY Racing' Panel

    Thoroughbred owner Jack Knowlton is among six appointments to a newly-created Committee on the Future of Racing announced by New York Republican Gov. George Pataki and state Senate majority leader Joseph L. Bruno on Friday.

  • Final Report on NYRA Delayed

    The firm Getnick & Getnick, the federal monitor overseeing the operating procedures of the New York Racing Association (NYRA), has delayed submitting a report of their findings to the United States Attorney's office, which will turn over the report to Judge Arthur Spatt, the federal judge overseeing the matter.

  • Trust Created for New York Purse Money

    New York Racing Association president Charles Hayward and New York Thoroughbred Horsemen's Association president Richard Bomze announced Aug. 22 a trust account has been established to protect horsemen's purse money.

  • NYRA president Charles Hayward, during Thursday's meeting with horsemen.

    NYRA Offficials Meet With Horsemen

    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.

  • NTRA Pick 4 Handle Tops $1.1 Million

    Saturday's NTRA National Pick 4 wager, offered in conjunction with the "Emirates Airline Super Saturday" series airing on ABC and ESPN through October, drew an enthusiastic response from fans, with a total handle of $1,162,771 and a payoff of $1,301.60 for each $1 winning ticket.