State now controls NYRA
Updated: October 19, 2012, 12:23 AM ETBy Tom Precious | Bloodhorse
The New York Racing Association is now the nation's largest state-controlled racing entity, paving a new and highly uncertain future for the not-for-profit corporation that has seen its highs and lows since being created in 1955.The state late on Oct. 18 legally activated a new government-run board of directors at NYRA, many with little or no racing industry backgrounds. Gov. Andrew Cuomo named his eight picks and legislative leaders added their four names to operate what is supposed ...
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