NYRA’s Future Is In Albany’s Hands

As it waits for a decision on the future of the New York Racing Association, the organization’s board of directors May 25 spent less than five minutes discussing rumors of a proposal that would keep the association under state control.

The NYRA board, at a meeting in New York City, implicitly acknowledged a report that emerged May 24 from a Saratoga Springs organization, the Concerned Citizens for Saratoga Racing, which suggested that a draft proposal from Gov. Andrew Cuomo would allow him to appoint five of 15 board members, grant him approval of who would chair the board, and divert some revenue from video lottery terminals at Aqueduct Racetrack from NYRA’s capital expenditures, purses, and the state Thoroughbred breeding fund.

The draft proposal said to exist has not been released publicly, and the governor’s office did not acknowledge its existence in a written statement released May 24.

Continue reading at The Blood-Horse

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