David O’Rourke is the Chief Executive Officer and President of the New York Racing Association, Inc. (NYRA), the operator of Belmont Park, home of the Belmont Stakes, the third leg of racing’s Triple Crown; Saratoga Race Course, home of the most prestigious racing meet in the U.S.; and Aqueduct Racetrack.
As one of North America’s premier thoroughbred horse racing organizations, NYRA in 2018 generated $2.1 billion in annual all-sources wagering handle with paid attendance exceeding 1.7 million. It is the cornerstone of New York State’s thoroughbred industry, which is responsible for 19,000 jobs and more than $3 billion in annual economic impact to New York State.
O’Rourke joined NYRA as Director of Financial Planning in 2008 and was named Vice President for Corporate Development in 2010. In 2013, he was appointed Chief Revenue Officer and Senior Vice President. In that position, O’Rourke was responsible for NYRA’s business development strategies across a range of disciplines including industry relations, simulcast markets and contracts, television strategy, advance deposit wagering (ADW) operations and capital projects.
During his tenure at NYRA, O’Rourke served as the lead on all content-related negotiations, achieving an increase of more than $20 million in annual revenue. He played a signature role in spearheading the development and growth of NYRA Bets, NYRA’s national Advanced Deposit Wagering (ADW) platform, now available in 30 states.
O’Rourke also developed and led the strategy and investment in cloud-based video streaming technologies and Apps (NYRA Now), which have enabled NYRA to broadcast directly to various devices from TV to mobile and desktop; and transmit video to traditional TV networks such as FOX Sports and MSG. In doing so, he helped shepherd the dramatic expansion of NYRA’s flagship television broadcasts, the critically-acclaimed Belmont Park Live and Saratoga Live, which feature live coverage nearly every race day from Belmont Park and Saratoga Race Course.
Prior to joining NYRA, O’Rourke was a member of the Zolfo Cooper and Capstone Advisory Group Corporate Restructuring Practices, specializing in multiple operational and financial reorganization efforts in the real estate development, gaming, auto manufacturing, retailing and shipping industries. He also served as Vice President of Operations at Datek Online and was instrumental in helping the company develop into the world’s fourth largest online brokerage.
O’Rourke is a member of the NYRA Board of Directors. He is also a board member of the National Thoroughbred Racing Association and the Thoroughbred Racing Associations of America; and a member of the Saratoga Race Course Local Advisory Board, and the Management Committee of Equibase Company.
O’Rourke is a graduate of The Richard Stockton College of New Jersey and earned an MBA from Tulane University.
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