[3] The association remodeled Aqueduct Racetrack, Belmont Park, and Saratoga Race Course and demolished Jamaica, which is now the Rochdale Village housing development.

OTB parlors began showing live video feeds of races, referred to as simulcasting, in 1984.

The charges related alleged income tax evasion and money laundering by mutuel clerks between 1980 and 1999 with the knowledge of NYRA middle managers.

Under the agreement, NYRA paid $3 million to the government and its implementation of new cash-handling procedures designed to eliminate corruption and mismanagement was monitored by a New York law firm.

After receiving a report from the monitor which concluded that NYRA was in compliance with the new guidelines, the Justice Department moved to dismiss the indictment and its motion was allowed by a federal judge.

NYRA, claiming that the state lottery division's failure to approve the installation of video-lottery terminal (VLT) machines at Aqueduct Racetrack pushed it to insolvency, filed for Chapter 11 bankruptcy protection on November 2, 2006.

[8] NYRA was reorganized and its franchise to operate the three racetracks was extended through 2033 under legislation approved by the New York state legislature on February 13, 2008.

The conversion of NYRA from a non-profit association to a not-for-profit corporation also gave the state attorney general enhanced oversight authority.

NYRA maintains its own law enforcement force comprising over 300 sworn employees, including plain clothed investigators and inspectors as well as fire marshals.

These officers must be licensed with the New York State Gaming Commission as well as meet requirements set forth by the Division of Criminal Justice Services.

Security Officers are registered with the NY Department of State and as such have no power above that of a normal citizen's rights.