New York, August 06, 2014 -- Moody's Investors Service today revised the rating outlook of Yonkers Racing Corporation (Yonkers) to negative from stable. The company's B1 Corporate Family Rating and B1-PD Probability of Default Rating were affirmed. The Ba3 rating on Yonkers' first lien term loan and B3 rating on its second lien term loan were also affirmed.

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