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NYRA ousts CEO and general counsel

8th May 2012 12:19 pm GMT

The New York Racing Association (NYRA) has dismissed its CEO Charles Hayward and general counsel Patrick Kehoe, having determined that both senior executives failed to perform their duties at a level required by the NYRA board.

Last week both executives were placed on administrative leave following the release of a state report which claimed that funds were withheld from customers as a result of a wrong takeout rate applied to bets.

In a statement Friday however, both [...]

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