New York Racing Association

9:40am

Wed May 23, 2012
Regional Coverage

Cuomo takes the reigns of NYRA

Governor Andrew Cuomo has taken the reigns of the troubled New York Racing Association Board, saying he needs to “restore the public trust” in a rapidly changing gaming industry.  

Cuomo convinced members of the independent board that oversees horse racing in New York to agree to a restructuring that will give the governor the majority of appointees on a new, slimmed down board.

The move comes after a series of controversies at the troubled New York Racing Association, which led to the recent firing of its president and top legal counsel over allegations that NYRA knowingly withheld millions of dollars owed to bettors.

Read more