NYS Senator Eric Adams Helps Obtain Loan to Prevent Shut-Down of New York Racetracks
New York State Senator Eric Adams has worked with other legislators to make available a $25 million loan to the New York Racing Association (NYRA), the entity that supervises horseracing in our State. The line of credit will enable NYRA to keep its tracks open for the remainder of 2010.
NYS Senator Eric Adams, Racing, Wagering and Gaming Committee Chair, champions transparency in government by hosting a premier video conference and simultaneous internet livestream.
On Monday, August 9th, Senator Adams harnessed technology to provide a video conference and internet livestream of Genting New York's development proposal for Aqueduct Racetrack.
Genting New York was recommended to Governor Paterson by the New York Lottery as the corporation to develop the Aqueduct project. Genting will present its proposal to Senator Adams and racing stakeholders.