NYRA franchise oversight board

In The Hot Seat: Succession Plans Seldom In Play For CEO Job At NYRA

Being the head of the New York Racing Association is a lot like managing a Major League Baseball team: you seldom leave on your own terms. Chris Kay’s sudden departure on Wednesday marks the latest exit by a NYRA executive that didn’t feature a gold watch retirement ceremony. If published reports are accurate that Kay […]

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Saratoga: Franchise Oversight Board Approves 10-Year Renovation Plan

During a meeting held Tuesday, the New York Racing Franchise Oversight Board approved NYRA’s long-term plans for renovations at Saratoga. According to a report in the Daily Racing Form, the board unanimously approved the plan, entitled “Final Generic Environmental Impact Statement.” The plan, which was originally presented as a draft to the board in 2015, lays out […]

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‘A Great Degree Of Unreality’: Cuomo’s Handling Of NYRA Franchise Criticized

During a law conference panel discussion regarding the current state of the New York Racing Association, a former official of Gov. Andrew Cuomo’s administration criticized his former employer’s policies in handling the franchise. According to a report in the Daily Racing Form, Bennett Liebman, a racing law scholar who served as deputy secretary of gaming and racing for […]

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NYRA Announces 2015 Profits Will Nearly Double Projections

The New York Racing Association estimates that its year-end profits will show a profit of $4 million–about double what the organization had projected, thanks in part to Triple Crown winner American Pharoah and good weather at Saratoga’s summer meet. That figure does not include profit from video lottery terminals at Aqueduct. Per a report in […]

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NYRA extends United Tote’s contract through Saratoga

The New York Racing Association will keep United Tote as its tote operator, at least through the end of next summer’s Saratoga meet, it was announced November 26. In a report at the Blood-Horse, the Franchise Oversight Board, which oversees the finances of NYRA, approved a resolution to keep United Tote as NYRA’s tote contractor. […]

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NY Post: Cuomo plans to ‘kill NYRA’ and privatize horse racing

New York Gov. Andrew Cuomo’s long-awaited decision on the future of NYRA and horse racing in the state may finally become known this week, according to an article in Monday’s New York Post. According to the newspaper, the governor has decided to replace NYRA completely, and privatize the operation of Belmont Park, Aqueduct, and Saratoga […]

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NYRA hires former NFL exec. to handle marketing

In a meeting held June 26, the New York Racing Association introduced its new Chief Marketing Officer, who will make up part of the revamped Franchise Oversight Board. NYRA representatives appeared Tuesday with members of the Franchise Oversight Board in its first meeting since the ouster of former NYRA President Charles Hayward and General Counsel […]

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