New York OTB deal may spur changes
The takeover of New York City Off-Track Betting Corp. by the state of New York may result in sweeping recommendations to overhaul the offtrack betting system, legislative and racing officials said Monday.
The state reached a deal to take over the company from the city of New York late on Sunday, and legislation designed to implement the takeover was expected to be passed late on Monday or on Tuesday. As part of the deal, the state will explore changes to the way the OTB corporation conducts ...
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