fee assessment methodology

The New York Racing Association, Inc. (NYRA) and the Horseracing Integrity and Safety Authority (HISA) reached a settlement of their dispute regarding HISA's fee assessment methodology, according to a Thursday press release from NYRA. As a result of the settlement, NYRA will withdraw from the litigation pending in the Western District of Kentucky and HISA will withdraw the enforcement action initiated against NYRA on Nov. 13, 2024. "HISA's ongoing work and overall mission are critically important to the future of thoroughbred horse racing," said NYRA President & CEO David O'Rourke....