Group Accepting Bids for New York Racing

As reported by Business First: "A request for proposals for a new company to operate thoroughbred racing in New York was approved Tuesday by the Committee on the Future of Racing.

"The long-awaited RFP has a July 15 deadline for bidders.

"…The committee said it would send a recommendation about the bidding to New York Gov. George Pataki and the state legislature by Sept. 15, though it is widely expected that a final decision will be deferred to 2007, when a new governor takes over in Albany, the Albany Business Review reports.

"The Committee on the Future of Racing is charged with reforming the business model for New York's thoroughbred racing industry and determining whether the New York Racing Association, or some other entity, should run the Saratoga, Belmont and Aqueduct race tracks.

2006-06-14