CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
Related News

Gaming News

 

Yonkers Raceway to close racing after 12 September

18 August 2020

(PRESS RELEASE) -- Empire City Casino by MGM Resorts and the Standardbred Owners Association of New York, the organization representing horsemen at Yonkers Raceway, announced an agreement to extend racing at the historic harness track through Saturday, 12 September.

This will allow for the New York Night of Champions to proceed as scheduled on 12 September, which will showcase the best trotters and pacers bred in New York State. “In partnership with the SOA, we are excited to be able to continue harness racing operations despite the continued closure and loss of revenue from our casino operation,” said Ed Domingo, senior vice president of Empire City.

“This agreement further demonstrates our commitment to the sport and to the men and women employed by the horse racing industry.”

Racing prize purses are funded primarily through gross gaming revenue generated by Empire City Casino and casino operations remain suspended due to the COVID-19 pandemic. With limited funds available in the prize pool and no continued funding stream due to the casino closure, racing operations were expected to cease in August.

However, MGM Resorts has agreed to continue racing operations and the SOA will contribute $1.2 million to purses from their reserve fund to allow the sport to continue operating through 12 September.

“We recognize the hardships our horsemen have suffered during the pandemic,” said Joe Faraldo, president of the SOA. “We have chosen to take $1.2 million from our treasury in order to supplement the purse account and allow us to continue racing until the NYSS Night of Champions September 12th.”

While the agreement allows for the preservation of the New York Sire Stakes races, several other stakes races scheduled for later in the year will be eliminated because of the limited purse funds. Those cancellations include the Yonkers Trot and Messenger Stakes.

The racing schedule at Yonkers Raceway was interrupted earlier in the season with a temporary closure of the track due to the COVID-19 pandemic. Live racing operations resumed June 22nd with extensive health and safety protocols in place. Pursuant to state and health guidelines, spectators are not permitted at Yonkers Raceway but races are simulcast and available for viewing and wagering online.

< Gaming News

Yonkers Raceway to close racing after 12 September is republished from Online.CasinoCity.com.