Gov. Cuomo expected to announce takeover of NYRA
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NEW YORK -- Governor Andrew Cuomo is expected to sign a law today that will give him temporary control of NYRA. Cuomo has criticized NYRA's management and wants significant changes, possibly including hiring for-profit companies to run racing and operations.
Earlier this year, state lawmakers approved a state takeover of NYRA, including a 17 member governing board. At a news conference on Monday, Cuomo said all options are on the table.
"We are going to be putting a new board in place, basically take control. Then how you do it. The business of horse racing. What is horse racing in the future and how to really incorporate the knowledge and potential of the entertainment industry, is something we are working through," said Cuomo.
Also expected today is a report on the increase in deaths of race horses at the Aqueduct Track. Industry experts have been reviewing the deaths of 20 horses there earlier this year.
NYRA has held the franchise to operate the Aqueduct, Belmont and Saratoga tracks since 1955.