Albany ups power play; State, Legislature, NYRA announce mgmt. deal

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Albany ups power play; State, Legislature, NYRA announce mgmt. deal

05-15-2012, 07:55 PM

Kasept

Steve Byk

Join Date: May 2006

Location: Greenwich, NY

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Albany ups power play; State, Legislature, NYRA announce mgmt. deal

State withholds NYRA casino payments and threatens racing franchise
By Matt Hegarty

Citing a "continued failure to act in the best interest of racing" by the New York Racing Association, state racing regulators said Tuesday that they had instructed the state lottery to immediately suspend payments NYRA receives from a casino at Aqueduct racetrack and that they were exploring the revocation of NYRA's racing franchise.

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