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NYRA and FanDuel have reached a contractual impasse, leading to the immediate removal of NYRA content from FanDuel's wagering platforms.
Negotiations are ongoing, with NYRA emphasizing the importance of the sport's health in New York.
FanDuel expressed regret over the inconvenience to customers but declined to agree to new terms they deemed inconsistent with prior agreements. NYRA content remains available through other platforms like NYRABets and CaesarsRacebook.
“NYRA provides the racing content that fuels the profits of out-of-state ADWs like TVG/FanDuel,” said Tony Allevato, NYRA Chief Revenue Officer. “NYRA must prioritize the overall health of the sport and broader industry here in New York and we will continue negotiations to seek an equitable resolution so that our racing is widely available nationally.”
“New York's horse owners are deeply invested in making the NYRA racing product the best in the country,” said Tina Bond, President, New York Thoroughbred Horsemen’s Association. “We staunchly agree that fair compensation for that investment is absolutely imperative. If the New York thoroughbred industry thrives, we all benefit.”
“NYRA is working to broaden the economic benefits flowing to New York’s horse racing industry, and our membership supports these efforts in every way,” said Najja Thompson, Executive Director, New York Thoroughbred Breeders. “The funds generated by ADWs carrying NYRA support breeding farms throughout the state, and we stand shoulder to shoulder with NYRA.”
Following NYRA's announcement, FanDuel issued a statement saying it hopes to "have this content available again soon."
"We cannot agree to new proposed terms that are substantially inconsistent with our prior agreements," the statement continued. "We understand and regret that this will be an inconvenience to our customers. We have made, and will continue to make, substantial investments in horse racing and we remain very committed to our track and horsemen partners,"
FanDuel is considered the largest processor of legal sports betting and horse racing wagering in North America, has offered wagering on NYRA races since the company first launched its advance-deposit wagering in 2000.
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