NYRA Fires Two Officials in Wake of Takeout Scandal
By Ellen Rugeley
Former New York Racing Association (NYRA) president and CEO Charles Hayward and Patrick Kehoe, the association’s former general counsel and senior vice president, were fired recently, five days after a state report challenged NYRA’s claims that it was unaware it had applied an incorrect takeout rate to its trifecta and superfecta bets over a 15-month period.
When notified of the overage in December, NYRA claimed it had made an “inadvertent error” and called