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VLT revenue keeping NYRA in the black for year

NYRA held it's Board of Directors meeting in the library at the Racing Hall of Fame on Wednesday morning.  David Skorton, Chairman, center listens to a member speak during the meeting.
Photographer: Marc Schultz
NYRA held it's Board of Directors meeting in the library at the Racing Hall of Fame on Wednesday morning. David Skorton, Chairman, center listens to a member speak during the meeting.
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A $10.3 million loss from the New York Racing Association’s racing operations during the first half of 2013 prompted renewed calls for fiscal belt tightening at Wednesday morning’s meeting of the NYRA board of directors. Even with the operating loss, NYRA headed into July with a net income for the year of $8.2 million and is projected to turn a profit for the second year in a row, largely as the result of budget support ...


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