The New York Racing Association's Board of Trustees today approved an innovative stakes schedule for 2003 that will offer 180 stakes and $36.275 million in stakes money available at Aqueduct, Belmont Park and Saratoga Race Course.
The New York Racing association has raised Belmont's clubhouse admission from $4 to $5 for next year and will sell seats for the Belmont Stakes only in a package which includes tickets for the prior day's racing as well.
It's not quite the $5 million VISA Triple Crown, but in 2003, 3-year-old fillies will have a series of their own that offers a $2 million bonus.
A security guard for the New York Racing Association was arrested and charged with theft in the third degree on Monday for stealing returned envelopes to the NYRA that contained mutuel vouchers worth up to $10,000.
Patrick Mahony has been named the vice president of mutuels for the New York Racing Association, NYRA president and COO Terry Meyocks announced Nov. 21.
The New York Racing Association announced that it will no longer allow bettors to make an alternate runner selection for Pick 6 wagers, beginning with Saturday's card at Aqueduct.
The New York Racing Association will stop accepting wagers from its simulcast outlets when the first horse enters the starting gate, beginning with the opening of the inner track meeting at Aqueduct on December 4.
The NTRA's wagering technology working group on Friday called for three intitial, concrete steps to improve electronic wagering security in an effort to increase customer confidence. The steps will be implemented immediately by Churchill Downs, Magna Entertainment, and the New York Racing Association, as well as by the three largest totalisator companies. Other racetracks and off-track wagering operators were expected to sign on as well.
The National Thoroughbred Racing Association's newly implemented Wagering Technology Working Group has enlisted Ernst & Young's technology and security risk services to assess and test the security systems currently in place at the three major tote companies.
Marshall Cassidy, the voice of racing in New York from 1979 to 1990, will return to the announcer's booth, this time at Turf Paradise in Phoenix, Ariz. He will call the races at Turf Paradise beginning Oct. 25 through Nov. 2.
New York lottery officials have selected four firms to supply video lottery terminals at racetracks for a new gambling program, but so far, track officials aren't leaping at it because they insist it will lose money.
The New York Racing Association board approved a 2003 calendar that adds a week to the Belmont fall meeting. The schedule must be approved by the New York State Racing and Wagering Board.
Reduced takeout has been credited with attracting more than $200 million in commingled handle to the New York Racing Association's three racetracks so far this year.
The New York Racing Association, with its video lottery terminal program running behind schedule, is turning to outside casino operators to run its proposed Aqueduct VLT facility, and among those under consideration is Atlantic City casino mogul Donald Trump.
In a press release dated Sept. 19, the New York Racing Association declares that Saratoga Race Course paid out its highest daily average purses and average overnight purses during the 2002 meeting that ran 36 days, from July 24th-Sept. 2.
- By Mike Kane
An official of the New York Racing Association refused to confirm or deny reports that the association's chief financial officer, Alexander W. Ingle, was fired this week.
As a result of strong wagering at New York Racing Association tracks this year, purses for New York-bred races will be raised by $2,000 during the upcoming Belmont Park fall meet.
Stymied in recent efforts to enter the New York racing market, Magna Entertainment is still highly interested in moving its way into the lucrative betting state, the company's president said Aug. 6.
Through the first two weeks of the Saratoga season, total handle is up 6.8 percent, while on-track attendance and on-track handle are slightly down from last year's record-setting meet.
The New York Racing Association disputes a report in the Daily Gazette newspaper in Schenectady, N.Y. Thursday that its operating loss for the year 2001 was $11.3 million. Senior vice-president Bill Nader said the actual loss was closer to a quarter of a million dollars.
According to a published report, despite growing revenue from increased simulcast handle, the New York Racing Association completed 2001 with an operating loss of $11.3 million, the largest in its history.
Excitement surrounding a fourth attempt at the Triple Crown title in six years, reduced takeout, and good weather are credited with helping Belmont Park establish across-the-board increases in attendance and handle.
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.
The New York Racing Association has issued a policy whereby horses that receive shock-wave therapy cannot race for at least 10 days after treatment. Earlier, the California Horse Racing Board ordered restrictions on shock-wave therapy effective July 24.
English-bred Janet, a two-time grade I turf winner last year, faces seven rivals under top weight of 119 pounds in the $250,000 guaranteed New York Handicap (gr. IIT) at 1 1/4 miles over Belmont Park's inner turf course.
Breaking a decades-old policy, the New York Racing Association has changed the purse levels for state-bred and open company maiden and allowance races.
The New York Racing Association has announced it has terminated the 16 pari-mutuel employees who pleaded guilty this week to charges relating to federal tax fraud.
Saratoga's race meet open July 24.
New York Racing Association officials have put in place purse increases for the Saratoga racing season that are expected to push the purses to record levels, surpassing an average $600,000 per day.
The New York Racing Association should know by the end of the week of June 24 if it will receive about $100 million in new loans for a major capital program at its three racetracks, the head of the racing organization said.
A series of racing laws in New York have been extended by state lawmakers, who failed, however, to act on several other items from an industry wish list involving video lottery terminals and off-track betting corporations.
A George IV Silver Gilt Cup and Cover has been donated by F. Gorevic & Son to serve as the permanent trophy for the newly renamed $300,000 Ogden Phipps Handicap (gr. I).
Racetracks in New York have launched a last-ditch effort to extend the operating hours of the state's new video lottery program. The tracks insist they need to let gamblers stay at their facilities longer if they are to turn a profit.
The Belmont Ball, hosted by the New York Racing Association on June 6 at Belmont Park, raised more than $150,000 for the Grayson-Jockey Club Research Foundation.
A senior adviser to New York Gov. George Pataki is joining the New York Racing Association as its new general counsel, officials said June 12.
New York Racing Association chairman and CEO Barry Schwartz said Saturday morning at Belmont Park that he is hoping for one thing -- a crowd of more than 85,818. All indications are he might just get it.
Off-track betting corporations in New York, still upset about being cut out of last fall's major gambling expansion in the state, are making an all-out push for new revenue.
A clubhouse box with six seats on the finish line will be auctioned off at the annual Belmont Ball Thursday, June 6 at Belmont Park. The ball will feature a live auction with eight other items. Proceeds
from the event will benefit the Grayson-Jockey Club Research Foundation.
The National Thoroughbred Racing Association will disburse an additional $350,000 from the NTRA Charities-New York Heroes Fund, including $250,000 to the Silver Shield Foundation on Belmont Stakes Day June 8.
Even as activities proceeded as usual at Belmont Park, the unmistakable buzz in the air continued to grow. It comes around only when a 3-year old has a shot to win the Triple Crown.
Three-year-old Sunday Break is just one of the many top horses expected to compete in four stakes scheduled for the three-day Memorial weekend at Belmont Park in New York.
A deal to extend the New York Racing Association's franchise to run three tracks in the state was approved May 16 by the Senate and Assembly as part of a state budget package. NYRA must have VLTs in operation at Aqueduct by April 1, 2003.
Good weather and lower takeout were credited with producing double digit increases in average attendance and significant gains in average on-track handle at Aqueduct.
New York racetrack officials have angered some government budget negotiators with their push for a more lucrative video lottery terminal program.
In honor of the recent passing of Ogden Phipps, the New York Racing Association decided Wednesday to rename the grade I Hempstead Handicap the Ogden Phipps Handicap.
Belmont Park opens its admission gates for the 55-day Spring/Summer meet on Wednesday when 10 colts and geldings will take the gate for the $100,000 Westchester Handicap (gr. III) going a mile on the dirt.
Trainer Edward Barker was suspended for 60 days after The Conquerer tested positive for a prohibited substance following a third-place finish in a race in mid-January at Aqueduct.
Three former New York Racing Association tellers who offered to launder money to undercover police posing as cocaine dealers pleaded guilty to multiple counts of attempted laundering and conspiracy that could land them lengthy prison sentences.
To end the "destructive competition" and bolster revenues for both entities, the New York City Off-Track Betting Corp. should be merged with the New York Racing Association to create a new industry powerhouse, NYRA chairman Barry Schwartz said.
Plans by the New York Racing Association to build a world-class gambling facility to house video lottery terminals at Aqueduct will have to be shelved because state regulators are requiring tracks to pay too much of the program's expenses.
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