Keyword: rudolph giuliani

  • More to Equation Than Just Wagering Integrity

    With a $1-million contribution to kick-start a new Wagering Integrity Alliance, the National Thoroughbred Racing Association and Breeders' Cup have embarked on a review of pari-mutuel wagering policies and tote systems. But it's not without some twists and turns.

  • New York Mayor Rudolph Giuliani.

    Giuliani: Sell NYCOTB to Raise Revenue

    New York Mayor Rudolph Giuliani is urging state lawmakers and the governor to approve his plan to sell the New York City Off-Track Betting Corp. to a Magna Entertainment-led consortium as a way to raise much-needed revenues in the aftermath of the Sept. 11 terrorist attacks.

  • It's Official! Magna Is Winning Bidder For NYCOTB

    Setting the stage for a nasty battle between two racing giants, New York City Mayor Rudolph Giuliani Thursday afternoon tapped a group led by Frank Stronach's Magna Entertainment over the New York Racing Association as the winning buyer of the lucrative New York City Off Track Betting Corp.

  • New York City OTB Bidding Said to be Wide Open

    All parties that met the city's demand of a bid of at least $250 million remain in the running for ownership of New York City Off-Track Betting Corp., sources close to the situation said Thursday. City officials have strongly denied a published report this week that the field has been narrowed to two bidders -- one group led by the New York Racing Association, and the other by Frank Stronach's Magna Entertainment.