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NY legislature into special session

Updated: November 29, 2010, 4:55 PM ET
By Matt Hegarty | Daily Racing Form

The New York legislature goes into special session today under a request by Gov. David Paterson to pass legislation that would enable New York City Off Track Betting Corp. to implement several controversial measures as part of its bankruptcy reorganization.

It was unclear on Monday morning whether legislators would support the bill, which would cut the amount of revenue that New York City OTB sends to the state's racetracks and enable the company to transfer its account-wagering operation ...

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