NYRA Permission To Offer Internet Wagering

Tuesday, 1st May 2007

Meanwhile the New York Racing Association "will become the 1st racing entity in New York to offer internet wagering" after state regulators "approved an NYRA application to permit the potentially lucrative form of gambling, beginning as soon as NYRA can start the venture," reported bloodhorse.com. NYRA officials "hope to have the new internet betting system running on its website this week" for tomorrow's (May 2) start of the Belmont meet"; bettors "will be able to wager on NYRA tracks & 22 other tracks in the US & Canada that have so far agreed to the new program". NYRA chief administrative officer John Ryan declared: "We're all very excited about this. We think this is going to be a breakthrough for the industry.'' Ryan said the NYRA "hopes to attract tens of thousands of customers" & "conservatively estimates about US$30 million will be wagered on its internet site in the first year".

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