NEWS10 ABC: Albany, New York News, Weather, SportsPurses to increase for Aqueduct

Purses to increase for Aqueduct

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OZONE PARK, N.Y. – The New York Racing Association, Inc. (NYRA) has announced that total purses for the 2012 winter/spring meet at Aqueduct Racetrack are expected to increase by approximately $8.6 million, or 36 percent, over this year's meet.

The new purse structure, which will go into effect on January 1, 2012, is possible due to the expected fall opening of Genting's Resorts World New York Casino at Aqueduct. During the first year of the casino's operations, 6.5 percent of the revenue from the Video Lottery Terminals must go to NYRA's purse structure.

While every race category will see purse increases for the 2012 Aqueduct winter/sprint meet, there will be different increases depending on the distance, with route races having larger purses.

Under the new purse structure, the highest overnight purses will be overnight stakes, which will have a purse of $80,000 for routes and $75,000 for sprints, up from $60,000 during this year's Aqueduct winter/spring meet.

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