Report: NYRA Board Intact Through Saratoga
Despite Gov. Andrew Cuomo’s stinging criticism of its abilities, the New York Racing Association’s board of directors will not be replaced before the start of NYRA’s financially crucial Saratoga Racecourse meet. The governor, according to a published report July 16, will wait until September¬¬—nearly four months after a deal at the state Capitol to have the state take over NYRA—before appointing his members to the reconstituted board during a three-year restructuring period. Many industry insiders had expected Cuomo to name his eight members—giving him control over the new 17-member panel—before the Saratoga meet, which provides NYRA with a surge of revenues and relatively good publicity.