Friday December 17, 2010
Seeking to make long-stalled legislative gains in the aftermath of the New York City Off-Track Betting Corp.’s shutdown, a number of racing interests are stepping up efforts to create a single, statewide OTB network in New York. At a December 15 hearing called by the Assembly racing committee, some industry executives said the four-decade-old OTB model in New York should be replaced with a track-owned betting conglomerate as a way to end the internecine warfare for a dwindling betting dollar. "If we can fix this we can put New York in the forefront of racing," New York Racing Association President Charles Hayward said of a renewed effort to merge OTB operations now scattered across the state. But Hayward urged state lawmakers not to wait for the industry agreement for a new OTB model. "We aren’t going to get together to solve this problem," Hayward said of the tracks and OTBs that have long butted heads in New York. He called for an "independent" review of the pari-mutuel model in New York that, Hayward believes, will end the longtime, patronage-heavy system that now—with NYCOTB’s shutdown—has five regional OTB corporations operating.
Seeking to make long-stalled legislative gains in the aftermath of the New York City Off-Track Betting Corp.’s shutdown, a number of racing interests are stepping up efforts to create a single, statewide OTB network in New York. At a December 15 hearing called by the Assembly racing committee, some industry executives said the four-decade-old OTB model in New York should be replaced with a track-owned betting conglomerate as a way to end the internecine warfare for a dwindling betting dollar. "If we can fix this we can put New York in the forefront of racing," New York Racing Association President Charles Hayward said of a renewed effort to merge OTB operations now scattered across the state. But Hayward urged state lawmakers not to wait for the industry agreement for a new OTB model. "We aren’t going to get together to solve this problem," Hayward said of the tracks and OTBs that have long butted heads in New York. He called for an "independent" review of the pari-mutuel model in New York that, Hayward believes, will end the longtime, patronage-heavy system that now—with NYCOTB’s shutdown—has five regional OTB corporations operating.