But with purses at NYRA tracks set to rise in January, being a New York-bred might be a coveted designation.

FORBES: Showcasing New York-breds

Future wagering is available at most racetracks and off-track betting sites, as well as through advanced deposit wagering sites such as TwinSpires and NYRA Rewards (which is an advertiser on my website).

FORBES: Betting the Kentucky Derby Future Pool

While there was significant disagreement about who owned the land, a protracted court fight over its ownership would have led to further instability, and in order to retain the franchise, NYRA handed it over.

FORBES: New York Racing At A Crossroads...Again.