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OTB Clings to Life, Maybe
By
Garth Johnston
Published Dec 2, 2010
Modified Dec 2, 2010
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By
Garth Johnston
Published Dec 2, 2010
Modified Dec 2, 2010
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The beleaguered OTB might not be heading off to that great glue factory in the sky tomorrow. But also it might. Yesterday the board of the city's only legal bookie voted unanimously to shut the money-losing joints down on Friday as the State Senate had failed to vote on a bailout. But now it seems that the State Senate will reconvene on Tuesday to make a decision. So will the OTB wait it out to find out its fate next week? They aren't saying. Bloomberg reports that "Sylvia Hamer, OTB chief of staff, declined to say in a telephone interview if the organization planned to delay its plans." Suspense!
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