A new contractual agreement has been reached between the New York Racing Association, Inc. (NYRA) and FanDuel/TVG, which will allow pari-mutuel wagering on the summer meet at Saratoga Race Course to once again be available on FanDuel/TVG platforms, NYRA said in a release mid-morning on Thursday.
“We are pleased to have reached a resolution that will allow FanDuel/TVG customers across the country to wager on NYRA racing now and moving forward,” said Tony Allevato, NYRA Chief Revenue Officer. “In accordance with the goals stated at the outset of this process, NYRA will be dedicating significant funding to support New York's horsemen and strengthen the state's Thoroughbred racing ecosystem.”
As part of the new agreement, FanDuel/TVG will also be making a sizable contribution to the NYRA Foundation to further the impact of non-profit organizations and service providers active in backstretch services, thoroughbred aftercare and more. The NYRA Foundation establishes a pathway for businesses and individuals to contribute to a variety of worthy endeavors connected to thoroughbred racing in New York State.
“We are happy to have reached a multi-year agreement with the New York Racing Association and to extend our 24-year wagering partnership,” said Andrew Moore, General Manager, Racing, FanDuel Group. “We look forward to the Saratoga meet and beyond and to supporting the good work of the NYRA Foundation.”
The contractual impasse between the two entities began July 4 when an agreement could not be met.
Not a subscriber? Click here to sign up for the daily PDF or alerts.
