State Senate rejects NYC OTB rescue; doors to shut

(AP) - New York's Senate has rejected a rescue planfor the New York City Off-Track Betting Corp. and its 1,000employees.The lawmakers failed to overcome partisan

ALBANY - (AP) - New York's Senate has rejected a rescue planfor the New York City Off-Track Betting Corp. and its 1,000employees.

The lawmakers failed to overcome partisan differences before thelatest deadline to save the troubled gambling operation.

The Senate's Democratic majority didn't have the votes to passtheir party's plan to reorganize the OTB and keep it from closingby midnight Tuesday.

The Assembly had already passed that bill drafted by DemocraticGov. David Paterson.

But Republicans in the Senate minority who were excluded fromnegotiations wanted similar help for the five other regional OTBson Long Island and upstate.

OTB shutdown may cost BX jobsOTB says it will shut down Friday

advertisement | advertise on News 12

Trending Video

Videos from inside the halls and classrooms of 1 Videos capture violent fights inside M.S. 232
Video: President Trump's inauguaration speech 2 Video: President Trump's inauguration speech
The Drug Enforcement Administration says drug cartels are 3 Heroin Homeland: Drug cartels in the Bronx
News 12 The Bronx hit the streets to 4 Word on the Street: Old TV shows
Donald Trump is sworn in as the 45th 5 Donald Trump sworn in as the 45th president of the United States

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE