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NYRA Bets Holding Announces Partnership with Game of Silks

NYRA Bets Holding, LLC, a subsidiary of NYRA Bets, LLC, the official online wagering platform of the New York Racing Association, Inc., and Game of Silks, the online game connected to the real world of Thoroughbred horse racing, announced Wednesday a new partnership resulting in NYRA Bets Holding, LLC acquiring a minority equity ownership position in Game of Silks.

In addition to this strategic investment, the partnership establishes Game of Silks as the Official Blockchain Game and Metaverse Partner of NYRA. The agreement will enable the global horse racing industry to capitalize on the rapid growth of Web3 gaming through the Game of Silks, a top 10 sports-themed NFT platform on the Ethereum blockchain which boasts a community of more than 25,000 members.

“Game of Silks presents its players with a fascinating and entertaining challenge by gamifying racehorse ownership in a completely new way,” said Dave O'Rourke, NYRA President & CEO.

NYRA will utilize America's Day at the Races and Saratoga Live, the acclaimed national television shows produced by NYRA and broadcast on the networks of FOX Sports, to provide owners with the latest news, data and information on the Game of Silks metaverse. As the operator of Saratoga Race Course, Belmont Park and Aqueduct Racetrack, NYRA will accelerate the creation of digital versions of New York's premium racing venues in the Game of Silks metaverse.

For more information on Silks, visit https://www.silks.io/

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Inaugural Big Data Derby Winner Announced

The New York Racing Association, Inc. (NYRA) and the New York Thoroughbred Horsemen's Association (NYTHA) announced that a team led by Brendan Kumagai has been selected as the winner of the inaugural Big Data Derby competition, beating out 105 other submissions for first prize. Kumagai, together with Gurashish Bagga, Kimberly Kroetch, Tyrel Stokes, and Liam Welsh, took the $20,000 first prize with the submission, “Bayesian Velocity Models for Horse Race Simulation.”

Kumagai's team created a dynamic model that focused on horses' forward versus lateral speed and examined the results of sustained momentum and velocity within races. The team also studied jockey performance and how that would impact a horse's running style in addition to biometric data, leading to the possibility of calculating a horse's welfare and injury probability.

“We're honored to be named the winners of the inaugural Big Data Derby competition,” Kumagai said. “Our team primarily works in financial analytics and hockey statistics, so working with horse racing data has been a unique challenge which allowed us to apply our skills to a relatively new and unexplored domain.”

The Big Data Derby was launched with the goal of analyzing the vast amounts of data available to racing organizations, and to understand how the results of those studies could impact traditional methods of racing and training. The competition was sponsored NYRA and the NYTHA in partnership with the Kentucky Thoroughbred Association, Equibase, The Jockey Club, Breeders' Cup and the Thoroughbred Owners and Breeders Association (TOBA).

Other models in the competition shed light on injury prevention, jockey decision making metrics, race tactics, track bias and more. Kumagai, a Data Science intern at Zelus Analytics, was previously part of a team that won the 2022 Big Data Bowl offered by the National Football League. The competition was judged by data analyst Rob Bingel, Rhodes College Economics Professor, horseplayer and thoroughbred owner Marshall Gramm, and Craig Milkowski of TimeformUS.

An open notebook of user-created content and data can be viewed at: https://www.kaggle.com/competitions/big-data-derby-2022/code.

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NYRA’s Renovation of Belmont’s Pony Track Complete

The New York Racing Association, Inc. (NYRA) has installed a Tapeta Footings synthetic surface at Belmont's pony track, located just to the northeast of Belmont's training track. The quarter-mile pony track, which is used mostly for jogging horses, will be open seven days a week from 5:30-10:30 a.m. beginning Tuesday, Dec. 6.

“Modern synthetic surfaces have a wide range of applications for horsemen and track operators alike, and we look forward to working with the product every day and in all seasons at Belmont Park,” said Glen Kozak, NYRA Senior Vice President, Operations and Capital Projects.

NYRA plans to collect data from the new pony track to help decide whether to add a synthetic track as the fourth Belmont Park racing surface.

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America’s Day at the Races to Present Live Coverage of the Melbourne Cup

America's Day at the Races, produced by the New York Racing Association, Inc. (NYRA) in conjunction with FOX Sports, will present live coverage of the G1 Lexus Melbourne Cup on Monday, Oct. 31.

Monday's America's Day at the Races broadcast will begin at 10:30 p.m. Eastern and will provide viewers with handicapping insights and analysis leading up to the 162nd edition of the “race that stops a nation.” Featuring 24 horses racing over 3,200 meters (1.98 miles) at Flemington Racecourse, in Melbourne, Australia, the Melbourne Cup is an annual highlight of the international racing calendar.

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