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NYRA, state in nasty exchange

By Lombardo David
Wednesday, May 16, 2012

The relationship between the New York Racing Association and its state oversight agencies was tumultuous on Wednesday, following a sharp rebuke from the state on Tuesday.

The state Racing and Wagering Board and Franchise Oversight Board announced that a review of the company's franchise agreement would be forthcoming and millions due to NYRA from VLT revenue at Aqueduct would be withheld. It was clarified on Wednesday by the state that the latter decision wouldn't hurt the Saratoga meet or the state's breeders.

The protection of the Saratoga meet was the utmost concern of state Sen. Roy McDonald, R-Saratoga, which he spoke about in the video below.



The state also doubled down on its criticisms from Tuesday and released a timeline of events defending its claim that NYRA acted improperly by hiring a new president and secretary.

Statement and Timeline From RWB

NYRA then fired back that it was in the right to hire whoever it wanted.

NYRA Appointment Defense

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