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Gamblers Concerned About OTB
By
Jaya Saxena
Published Mar 30, 2010
Modified Mar 30, 2010
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By
Jaya Saxena
Published Mar 30, 2010
Modified Mar 30, 2010
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Now that the OTB has laid off 1,300 and threatened to close all 66 of its parlors, Staten Island's senior citizen gamblers are hoping Albany comes to the rescue. One OTB frequenter told the Staten Island Advance, "I think it's a blow to the industry and senior citizens. I think they're making a big mistake." Many flat out didn't believe the parlors could close, and one suggested that the OTB should get a bailout from President Obama. However, one gambler thinks closing may be a good idea, since "most people lost." That's including OTB, which has lost $45 million in the last five years.
Tagged
bankruptcy
debt
OTB
staten island
Jaya Saxena
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