Gamblers Concerned About OTB

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.

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By Jaya Saxena in News on March 30, 2010 5:15 PM

Comments [rss]

l3iodeez

How can a gambling parlour lose money? Is it possible that someone is stealing? (, corruption in New York State? Heavens no!)

Mr Mel

I've said it before. If they dropped a bomb on any OTB venue, not one Missing Person Report will be filed.

xgeyiph772

So that's why I can't find my Dad! I though he was riding the Staten Island Ferry back-and-forth all day like he said he was. There goes my inheritance!

ides_of_march

Only the government could run a gambling operation - a legal gambling operation mind you - and still fuck it up.

ANGRYGOD11

Once again for those who don't follow the news: OTB is legally obligated to send money to money-losing horse racetracks, unlike your local bookie.