A drastic step in New York
New York Seizes Control of Horse Racing Tracks – Page 1
http://abcnews.go.com/Blotter/york-seizes-control-horse-racing-tracks/t/story?id=16404770
With the Belmont Stakes — and a potential Triple Crown victory for I’ll Have Another – just weeks away, New York Gov. Andrew Cuomo announced today that the state will seize control of the scandal-plagued organization that operates the Belmont, Aqueduct and Saratoga racetracks.
Under the terms of a deal completed Tuesday morning, a 17-member “turn-around” board will run the New York Racing Association for the next three years. The board will include elected members of the state legislature, appointees chosen by the governor and representatives of the NYRA and the horseracing industry.
Posted via email from Michael Pizzolla On ValueCapping™, Horse Racing, And Technology
