NY Horsemen to Receive $4.4 Million
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Breeders and owners in New York, shortchanged the past couple years, in part, because of the bankruptcy of New York City Off-Track Betting Corp., are in line to get $4.4 million in purse awards due them in 2009 and 2010.
The decision by the New York Thoroughbred Breeding and Development Fund provides a financial infusion to breeders and owners at a time when other states are actively trying to lure horse breeding operations away from New York.
“It’s been a difficult environment because of the bankruptcy of New York City Off-Track Betting to convince breeders to hang in there,’’ said Tracy Egan, executive director of the fund. “This helps.’’
“It’s really news that the breeders need to hear,’’ she added.
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