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Dispute in sale of city OTB to Magna

Updated: August 10, 2001, 10:53 AM ET
By Matt Hegarty | Daily Racing Form

SARATOGA SPRINGS, N.Y. -- A disagreement between the New York City Council and Mayor Rudolph Giuliani is threatening to derail Giuliani's plans to sell the New York City Off-Track Betting Corporation to a partnership headed by Frank Stronach's Magna Entertainment. The disagreement centers on whether the sale of OTB requires a home-rule message from the city council, which is opposed to the sale. Home-rule ...

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