Kathy Hochul

Governor Hochul Attends Major Construction Milestone at Belmont Park

Governor Kathy Hochul accompanied New York Racing Association officials, AECOM Tishman, Populous and unionized construction workers for a topping out ceremony Wednesday, marking the placement of the final beam at the new Belmont Park. "As we raise the final beam, today marks a major milestone for Belmont Park and New York State," Governor Hochul said. "This project is more than simply rebuilding a racetrack--it's creating jobs, boosting our economy and ensuring Belmont remains a world-class destination. This redevelopment means thousands of good-paying union jobs, new opportunities for local businesses and...

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Horses racing at Saratoga Race Course
Penny Breakage To Take Effect In New York Sept. 1

The state of New York will implement penny breakage, a horseplayer-friendly measure that will result in all wagers placed on NYRA races being paid to the penny instead of the tiered breakage model that was previously in effect under New York Law, NYRA announced Thursday. The new breakage will be in effect for Saratoga's closing day. Beginning Monday, September 1, New York will join Washington and Kentucky as the only racing jurisdictions in the country to eliminate breakage on races hosted within their state. "This is a common-sense reform that...

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Belmont Stakes To Return To Saratoga In 2026

The 2026 running of the GI Belmont Stakes will be run at Saratoga Race Course for a third and final time, New York Governor Kathy Hochul and officials at the New York Racing Association (NYRA) said in a release Friday morning. "New York is home to world-class sports and entertainment and this final chapter of the Belmont Stakes at Saratoga Race Course honors our rich racing heritage while paving the way for a bold, new future at Belmont Park," Governor Hochul said. "Bringing the race back to Saratoga next year...

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NY Governor Hochul Provides Belmont Park Update

Edited Press Release New York Governor Kathy Hochul provided a project timeline and additional updates Monday on the construction of new racing facilities at Belmont Park. The New York Racing Association, which will oversee construction, also released a series of architectural renderings to bring the project's vision to life. Expected to be completed in late 2026, the multi-year project to build a new Belmont Park will generate $1 billion in construction-related economic impact and create 3,700 construction-related jobs. Following the return of thoroughbred racing to Belmont in 2026, additional racing...

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NY Gov. Hochul Includes Belmont Renovation in Budget Proposal

New York State Governor Kathy Hochul has officially announced support for a plan by the New York Racing Association, Inc. (NYRA) to modernize the racing facilities at Belmont Park. The plan has been included as part of the Fiscal Year 2024 Executive Budget Proposal. "Horse racing in New York State has a champion in Governor Kathy Hochul, who clearly recognizes the important role the sport plays within the New York economy," said NYRA President and CEO David O'Rourke. "Belmont Park stands at the center of the statewide racing ecosystem, and...

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Rick Dutrow Nearing Return?

Some 9 1/2 years after being handed a 10-year ban by the New York State Racing and Wagering Board, the predecessor of the New York Gaming Commission, trainer Rick Dutrow could be only a few months removed from a return to the racetrack. His last starter came on Jan. 16, 2013 at Aqueduct, meaning that he may be allowed to resume training by mid-January of next year. "Ricky is doing quite well and he really is in a great frame of mind," said trainer Tony Dutrow, Dutrow's brother. "He's excited...

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