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Outsiders eye New York tracks and betting profits
Scott Scanton reports that New York horse racing has declined with fewer operating tracks and fading betting across most districts except Nassau. Despite the drop, insiders say Churchill Downs Inc. and Magna International Venues eye NY investments and off track parlors. NYRA shows interest in buying NYC OTBs, proposing consolidation to withstand interstate competition and digital wagering pressures.
MENTIONED IN THIS ARTICLE
New York
Vernon Downs
Verona
Sf Batavie Downs
Hoga
Nassau County
Churchill “Downs Inc
Magna Interna
Ional
Ihcedustry
New York Investments
Florida
California
Kentucky
Donald Grosh
Catskill Otb
The
New York Racing Association
New York City
OTB
Racing Association
NYRA
Aqueduct
Belmont
Saratoga
Otbs
Joel Greenspan
Terry Meyocks
Meyocks