New York program benefiting from Aqueduct’s Resorts World Casino New York City
by Natalie Voss
New York’s racing and breeding program is riding a roller coaster. The opening of Aqueduct’s Resorts World Casino New York City in November 2011 has stimulated New York purses and jump-started the breeder incentive program, but a recent state takeover of the New York Racing Association has left many wondering about the health of racing there in the near future.
Tracy Egan, executive director of the New York Thoroughbred Breeding and Development Fund, believes the developments are collectively positive.
“Racing puts a lot of money in the state coffers, and breeders help keep farm land in farming,” said Egan. “There would be no political or financial upside to bury the industry, but there is a political and financial upside to fixing problems and providing stability for the racing and breeding industries here in New York.”
Egan reports the state’s foal crop is up 46% over last year.
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