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Times Union Investigation Reveals Conflicting Reports About NYRA's Profitability - Horse Racing News - Vimarsana News

Times Union Investigation Reveals Conflicting Reports About NYRA's Profitability - Horse Racing News

However, New York comptroller Thomas DiNapoli's audits in 2016 and 2018 show that NYRA produced multimillion-dollar deficits each year, adding that the non-GAAP accounting methods should not be used to report profits or losses to the public.

How New York bankrolls horse racing with billions - Vimarsana News

How New York bankrolls horse racing with billions

More than $2.9 billion in state taxpayer dollars and government-directed benefits have propped up New York horse racing since 2008.