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Strapped NYRA Raises Saratoga Ticket Prices

Two weeks after agreeing to pay a $3 million settlement with the federal government, the New York Racing Association has raised the price for some reserved seats at Saratoga Race Course in 2004 by 25%.

Two Turns are Better for Caught in the Rain

When Heiligbrodt Stable's Caught in the Rain ran fourth in the Top Flight Handicap (gr. II) last month, she was facing tougher horses and running around one turn. On Saturday, she will face a softer cast and two turns on Aqueduct's inner dirt track in the 134th running of the $100,000 Ladies Handicap (gr. III) going 1 1/4 miles.

Year Book

By Ray Paulick -- Let's hope other track operators have learned something from the NYRA investigation. Meanwhile, a review of other top events of '03 shows optimism for the New Year within racing, breeding, and auction sectors of the industry.

NYRA Fined $3 Million; Two Officials, Four Tellers Indicted

The New York Racing Association, under investigation for more than three years, was indicted Thursday on fraud and conspiracy charges. Besides the indictment of NYRA, the U.S. Attorney's office in Brooklyn also unsealed indictments against two former directors of the parimutuel department as well as four former tellers on conspiracy and tax fraud charges.

NYRA Indicted; Avoids Trial and Retains Right to Operate Tracks

The New York Racing Association, under investigation for more than three years, was indicted Thursday on fraud and conspiracy charges. Despite that, NYRA will be able to retain its franchise to run three premier Thoroughbred tracks in New York under a "deferred prosecution'' deal in which it will escape a trial in return for reforming its operations, according to the deal agreed to by federal prosecutors and the NYRA board of trustees.

Reports: NYRA Indictment Imminent; Franchise Safe

New York media outlets have reported an indictment of the New York Racing Association on conspiracy, tax evasion, and fraud charges is expected, possibly as soon as Dec. 5. In an unusual deal, NYRA would be allowed to keep its franchise to operate Aqueduct, Belmont Park, and Saratoga, according to the reports.

New York Legislation Would Tighten Licensing Standards


With scandals at the New York Racing Association having left a string of criminal convictions over the past couple years, the chairman of the Senate racing committee has proposed legislation to tighten state law to ensure convicted felons cannot obtain racing licenses in New York.

Officials, Others Ponder Future if NYRA is Indicted

As the racing industry's breath-holding continues as it awaits the ongoing investigation by the U.S. Attorney's office, it is a question state and federal officials, as well as NYRA's boosters and competitors alike, have been increasingly pondering.

Aqueduct to Open Amid Flurry of Changes

Fans at Aqueduct for opening day Wednesday of the Big A's 44-day fall meeting will notice that New York City's track is undergoing changes. But while these changes are being made, the racing will continue, capped by HolidayFest (Nov. 27-30) and the $350,000 Cigar Mile (gr. I) on Nov. 29.

New Look, New Layout at the Big A

Fans making their way to Aqueduct for the Oct. 29 opening day of the fall meeting will see some changes at the racetrack. Construction has changed access and the entrances to some areas, but live racing will continue through Dec. 31.

Major Shakeup at NYRA; Meyocks Resigns as President and COO

From press release -- New York Racing Association chairman and Chief executive officer Barry K. Schwartz announced today a major reorganization of NYRA's management structure, including the resignation of president and COO Terry Meyocks.

NYRA Hires New Chief Financial Officer

The New York Racing Association, poised to make major reorganizational changes in a bid to keep its racing franchise intact, has hired a new high-level executive to oversee its much-criticized finances.

Some New York Tracks to Have VLTs Within Months

  • News

As the New York Racing Association sits on the video lottery terminal sidelines, others in New York are racing ahead with efforts to get the devices up and running, possibly by the end of the year.

Spa-Tacular

By Ray Paulick -- The Saratoga season of 2003 is one New York Racing Association officials will not soon forget, and for good reason. They overcame numerous obstacles to post record numbers at what most people acknowledge is American racing's most important meeting.

The Greatest Game to Sponsor CNBC Program

  • News

The Greatest Game, an initiative to encourage Thoroughbred ownership, will sponsor the Friday edition CNBC's "Squawk Box" when the show is broadcast live from Saratoga Race Course leading up to the Aug. 23 Travers Stakes (gr. I). The show airs on CNBC weekdays from 7-10 a.m.

NYRA Criticized Over Loan

  • News

An internal audit of a little known state fund found the New York Legislature has given the embattled New York Racing Association loose reins over $60 million it owes the state.

NYRA Reviewing Management Practices

  • News

After meeting with its newly hired security consultant, the New York Racing Association on Wednesday said it has begun a review of its practices already under investigation by state and federal authorities.

Trainer Ward Critical of Recent Attacks on NYRA

Kentucky Derby-winning trainer John Ward has called some of the recent attacks on the embattled New York Racing Association "essentially a political assassination campaign" linked to development of video lottery terminals at racetracks in the state.

Feds Seeking Indictment Against NYRA

Federal prosecutors are preparing an indictment against the New York Racing Association that will allege a corporate conspiracy that permitted corruption to occur at its three racetracks. Sources also say the state is currently developing a contingency plan in case the NYRA is ousted from its duties.

Saratoga to Offer Portable Luxury Suites

  • News

Saratoga Race Course will introduce five portable luxury suites for the 2003 summer meet for corporate and private outings, officials with The New York Racing Association announced on Thursday.

Report Spurs Response From NYRA's Schwartz

  • News

Controversy has once again hit the New York Racing Association following an article published in Thursday's edition of the Albany Times-Union that shows former chief executive Kenneth Noe has received $7,000 a month, plus expenses, since his retirement in a deal that will continue even beyond his death.

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