- Governor Pataki offers NYRA a last-minute lifeline even as officials are virtually on the steps of the bankruptcy courthouse. He reiterated the $5 million land deal that NYRA has already rejected, and in addition offered a $5 million loan from Empire State Development Corp.
The money would have to first be approved by the NYRA Oversight Board after it receives assurances from NYRA that racing will remain in 2006 at the Aqueduct, Belmont and Saratoga thoroughbred tracks NYRA operates under a state franchise.Bruno’s plan would make $30 million in loans available to NYRA as needed before the alleged casino starts to bear fruit.
Gov. George Pataki promises to submit legislation that follows the plan Senate Majority Leader Joseph Bruno advanced last week. [Albany Times-Union]
- The State Racing and Wagering Board may have been unable or unwilling to help NYRA, but they took the time to grant Monticello Raceway permission to allow a trotter to race against pacers, thereby filling the Au Revoir
The veteran gelding has won 18 of his 32 starts this year (including his last four in a row) and 30 of his last 70 overall. Talk about a late bloomer. Of the $250,000 he's earned in his entire career, 58% of that has come in the last two years alone. [NY Daily News]