NYRA to receive $25 million loan from state

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05/25/2010 - Elmont, NY (Sportsbook Betting Lines) - The New York Racing Association (NYRA) will receive a loan of $25 million from the State of New York to continue operations beyond Wednesday, June 9. A spokesman for Gov. David Patterson said Tuesday that the loan was approved by the state legislature.

"The Board of Directors of the New York Racing Association, Inc. along with its management and dedicated employees are grateful for the State legislature's approval last evening of a $25 million loan which guarantees world class thoroughbred racing at Belmont Park, Saratoga Race Course and Aqueduct Racetrack," NYRA chairman C. Steven Drucker said in a statement.

"We appreciate the dedication and perseverance of Gov. David Paterson," Drucker continued, "Assembly Speaker Sheldon Silver, Senate Conference Leader John Sampson, Senate racing committee Chairman Eric Adams, and Assembly racing and wagering committee Chairman Gary Pretlow, and their respective staff members, which resulted in this legislation."

Notices were sent out last Thursday to NYRA employees that due to financial problems, racing operations and facility closings would begin as soon as June 9.

The NYRA is franchised by the State of New York to operate the three racetracks through 2033.

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Despite missing 20 games due to an injury earlier this season, Roy has definitely put up the best numbers of his 1st year peers. In 32 games, Roy is averaging 15.3 PPG, 4.2 boards and 3.5 assists in over 33 minutes of play per game. While most rookies breakdown as the season progresses (see Morrison), Roy is only getting stronger as his playing time and scoring average has increased each month.

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Adam Morrison, of the Charlotte Bobcats, was the favorite early on in the season after averaging 15+ PPG through the first month of the season. Ever since his torrid start, Morrison’s point production has declined each month. This really isn’t surprising, considering at 6’8” he only weighs 205 lbs. Obviously he will need to hit the weights big time during the off-season in order to keep from breaking down in the future.

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Owens broke the bone leading to his right ring finger Sunday night and had a plate surgically attached to it Monday. Although Owens' hand was swollen and aching Wednesday, Dallas Cowboys coach Bill Parcells said he's optimistic the receiver will be back at work next week and catching passes a week from Sunday against the Tennessee Titans.

MySportsbook.com online sportsbook listed Terrell Owens with odds of 7-2 (or $7 paid out for every $2 bet) to return back for the game against Tennessee.

"I certainly wouldn't rule it out now," Parcells said, referring to Terrell Owens immediate return. "Maybe five days from now I might, but I wouldn't rule it out now. ... I know we're looking to try to get him moving around pretty good in the next day or so. So we'll see where we are."

Owens did not speak with reporters Wednesday, but said Sunday he'd be out two to four weeks. A return against the Titans would be 13 days after the surgery. The Cowboys were listed as an early -7 1/2 favorite vs. the Tennessee Titans for Week 4 at MySportsbook.com

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