The OTB nightmare revisited?
"It would be senseless to make such an investment in an industry that is hampered with destructive competition between its on-and-off-track elements." -- Mario Cuomo, June, 1993Then Governor Mario Cuomo got it. When he set out to right the many wrongs that plagued the New York racing industry in the nineties he accurately concluded that the dysfunctional relationship between the New York Racing Association and New York City OTB had to end. Cuomo never succeeded in his attempt to pull the plug on OTB and turn over the off-track business to NYRA. With so many politically connected highly paid executives on its payroll, OTB proved to be even more powerful than the governor. But the world's only losing bookmaker eventfully self-destructed and closed down in late 2010.
It seems the many politicians who voted for the bill either didn't know or didn't care that Catskill OTB was at the center of one of the biggest scandals in racing history when fraternity brothers from Drexel University fixed the Breeders' Cup Pick Six in 2002.
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