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NY Olympic authority reports record revenue paired with losses

In a year of record revenues, the public authority running New York’s winter sports facilities reported a record operating loss of $52.5 million. The results for the fiscal year that ended March 31, 2026, follow a trend of rising gaps between operating expenses and operating revenues for the state Olympic Regional Development Authority. The authority, ORDA, is based in Lake Placid and was created to oversee venues built for the 1980 Winter Olymp…
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Adirondack Explorer broke the news on Tuesday, June 16, 2026.
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