The New York Racing Association notified its employees on Thursday that it will close its three racetracks beginning June 9 if the association does not receive financial assistance from the state, the association said.
The board of directors of the Breeders' Cup put off a decision to name future host sites for its two-day year-end event for 2011 and beyond at a board meeting on Thursday in Lexington, Ky., Breeders' Cup said in a release.
Belmont Park in New York should be a prime candidate for the 2011 Breeders' Cup and part of a permanent three- or four-track rotation for the event, Belmont officials said in a letter sent to Breeders' Cup board members Thursday.
New York City Off-Track Betting Corporation postponed a plan to close on Sunday by at least a week after officials said state's legislators have shown progress in devising a plan to shore up the company's financial position, at least temporarily.
The National Thoroughbred Racing Association's Safety and Integrity Alliance has added Monmouth Park in Oceanport, N.J., to its list of fully accredited racetracks, the organization announced on Tuesday.
Belmont Park, the New York racetrack that will host the third leg of the Triple Crown next Saturday, has been accredited by the National Thoroughbred Racing Association's Safety and Integrity Alliance, the NTRA announced on Friday.
New York Gov. David Paterson on Tuesday proposed that the state authorize slot machines at Belmont Park as one of more than 100 ways for the state to raise revenue in the face of a projected $15.4 billion budget deficit next year.
The possibility of opening a casino at Belmont Park is back in play politically just days after senate Republicans agreed to the selection of a company to operate a casino at Aqueduct racetrack in Queens.
The New York State Racing and Wagering Board will issue a license to the receiver representing the minority ownership interest in Horse of the Year Curlin, clearing the way for the horse to start in Saturday's Man o' War.
The possibility that slot machines will be legalized at Belmont Park in New York has become more likely because of a confluence of political and economic considerations surrounding the franchise currently held by the New York Racing Association.
Handle and attendance numbers for Saturday's Belmont Stakes card at Belmont Park on Long Island plummeted compared with last year's figures, illustrating the public's lack of interest going into the third leg of the Triple Crown.