Belmont Park gets $455 million loan

Belmont Park gets $455 million loan

The New York Racing Association (NYRA) will be getting a $455 million loan to revitalize Belmont Park as part of the state’s new budget.
President and CEO of the Long Island Association (LIA) Matt Choent says the loan will fund the construction of a new grandstand and clubhouse and will reestablish the Elmont racetrack as the global capital of thoroughbred racing.