Today, Congressman Scott Murphy (NY-20) released the following statement after news that the New York Senate Majority Conference approved Genting New York LLC as the new gaming operator for the Aqueduct Race Track, a portion of whose revenue will benefit the Saratoga Race Course:
"With Saratoga's 142nd season underway, the Senate's move today brings us one step closer to securing the Track's future. It's time for Albany to end their 10 year delay and finally allow us to arrive at a positive outcome. Racing is vital to the Upstate New York economy and our local community, contributing thousands of jobs and over $200 million in revenue. We must continue to work together to ensure that racing remains a strong and vibrant part of our community, and that means finalizing this deal as quickly as possible. I will continue to work with state and local leaders to ensure the future of racing in Saratoga."
Murphy has served as an advocate in Congress for the horse racing industry. Murphy recently introduced the bipartisan Wire Clarification Act (H.R. 5599) to clarify the legality of online pari-mutuel wagering on horseracing, along with Congressman Brett Guthrie (KY-02). Recently, the Department of Treasury and Federal Reserve issued new rules under the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006. The new rules have caused confusion in the credit card industry over legal versus illegal Internet gaming transactions. As a result, some credit card companies have said that they will no longer process any gaming transactions, even those for legal pari-mutuel wagering in the United States.