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New York Racing Association News
Saratoga Gaming, NYRA Reach Simulcast Deal
26 Jun 2006
Saratoga Gaming and Raceway has come to an agreement with the New York Racing Association to simulcast the entire six week Saratoga Race Course meet beginning July 26.
NYRA Promises Strong Bid
20 Jun 2006
News Brief: The New York Racing Association is betting that experience and the title it claims to hold to three race courses will bring a franchise renewal, according to its chie
TCBets.com Makes Offer for NYRA
27 Oct 2005
TCBets.com, the largest racebook in the world, is
offering $250 million for the right to run racing in New York State.
NYRA Not Sure Bet
20 Jun 2005
News Brief: Facing a deadline that could determine its fate, the New York Racing Association remains on shaky ground as it works to break free of criminal charges and clear itself of tens of millions of dollars in debts.
MGM Mirage and NYRA Enter Into Agreement
16 Jun 2005
MGM Mirage has entered into a definitive management agreement with the New York Racing Association, under which MGM Mirage will develop and manage a 4500-unit video lottery terminal facility at Aqueduct.
Web Wagering Wrangle
8 Jun 2005
News Brief: The Internet has helped make account wagering the fastest-growing segment of thoroughbred racing, but its future is far from a sure bet.
NYRA Offers Idea of Stock Company
18 May 2005
News Brief: The New York Racing Association is considering converting to a publicly traded company to help the state raise money and give the association a better chance to hold its monopoly on the franchise to run races at the state's three thoroughbred tracks.
VLT Revenues for Purses and Awards Constitutional, New York Court Rules
4 May 2005
News Brief: The president of the New York Thoroughbred Horsemen’s Association said he hoped yesterday's ruling would accelerate contract negotiations with NYRA.
Wagering Company Claims to be NYRA Scandal Whistleblower
27 Jan 2005
nternational News Brief: Euro Off-Track, the wagering company that lost its simulcasting agreements with the NYRA after being named in a federal indictment of 17 individuals on charges of illegal gambling and race-fixing, claims to have acted as a whistleblower in the case.
NYRA Cut Off Six More Simulcasting Sites
26 Jan 2005
News Brief: The New York Racing Association reports that it will cut off six more simulcasting sites, bringing to 10 the number of sites the association has dropped since a federal indictment involving illegal gambling was issued two weeks ago.
Time To 'Muck Out NYRA's Stables' And Put Franchise Up For Bid, Editorial Says
18 Jan 2005
News Brief: The New York Daily News published an editorial on Sunday that harshly criticizes the New York Racing Association.
NYRA Head Has Hands Full
24 Nov 2004
News Brief: Charles Hayward has less than three years to convince politicians that NYRA should remain in its current form rather than be privatized and sold to the highest bidder after 2007.
NYRA Appoints New President, CEO
5 Nov 2004
News Brief: The New York Racing Association has appointed a new president and chief executive officer with a short timetable to turn things around for the financially ailing operator of the state's top three thoroughbred tracks.
Conflict Between NYRA, Track Cooperative Heats Up
27 Sep 2004
News Brief: NYRA chairman Barry Schwartz said the dispute can be resolved only if the racetracks in the group 'come to their senses.'
NYRA Wants VLTS Off During Races
29 Jun 2004
News Brief: Worried that video lottery terminals at the new racino will lure some bettors away from Saratoga Race Course, New York Racing Association officials want the operators to shut the machines down during live racing hours.
NYRA Selects Another Vendor for Pari-Mutuel Services
11 Jun 2004
Scientific Games Corporation report that The New York Racing Association has chosen another vendor for pari-mutuel services beginning in November 2004.
NYRA Considers Relationship with Magna
12 May 2004
News Brief: The New York Racing Association is talking about a possible business relationship with Canadian racing giant Magna Entertainment.
Law Firm Chosen to Oversee NYRA
3 Mar 2004
ews Brief: A well-respected Manhattan law firm was chosen Tuesday to oversee the New York Racing Association.
Schwartz: Franchise Extension Needed for VLTs
17 Feb 2004
News Brief: New York state has no choice but to give the New York Racing Association an extension of its franchise if it wants to get video lottery terminals operating at Aqueduct, NYRA chairman Barry Schwartz said.
NYRA Still Lacks a Monitor
16 Feb 2004
News Brief: Numerous individuals and firms formally applied to be the court-appointed monitor of the New York Racing Association, sources familiar with the process said.
New York Track Operators Ready to Fight VLTs
19 Jan 2004
News Brief: Track operators in New York are gearing up for a major lobbying battle against an effort to spread video lottery terminals beyond the state's horse racing industry.
NYRA, Magna Withhold Simulcast Signal
13 Jan 2004
News Brief: The New York Racing Association plans to withhold its signal from the interactive television and wagering network Attheraces starting in mid-January.
NYRA Lost Over $21 Million
17 Dec 2003
News Brief: New York Racing Association lost $21.7-million during 2002, according to an audited statement released under an agreement with the United States attorney’s office.
MGM Resumes Casino Plans with Indicted NYRA
12 Dec 2003
News Brief: MGM Mirage caught the attention of New Jersey gaming regulators Thursday by resuming plans for a huge slot-machine casino in New York City despite a federal indictment of its racetrack partner there.
NYRA, Employees Indicted
11 Dec 2003
News Brief: The New York Racing Association and six former employees were indicted Thursday on fraud charges, contending tellers ran money laundering, gambling or loan-sharking schemes using their access to NYRA and bettors' money.
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