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New York horse racing under imminent threat

18th May 2010 7:57 am GMT

The future of horse racing in New York is in jeopardy after the New York Racing Association (NYRA) warned Monday that it may be forced to shut down operations within three weeks, with the company now reliant on money from the state to help it through to the Belmont Stakes next month, the final leg of the Triple Crown.

"NYRA's current cash position will not allow us to make it through the entire Belmont Park race [...]

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