New York City OTB: Is the Model Broken?

8 Pages Posted: 23 Dec 2009 Last revised: 7 Dec 2010

Multiple version iconThere are 2 versions of this paper

Date Written: December 22, 2009

Abstract

The memorandum argues that the bankruptcy of the New York City Off Track Betting Corporation is not due to the laws governing how the corporation pays part of its retention on wagers to the racing industry and the State. Rather, the problems have been caused by the inefficiencies within the corporation.

Keywords: Gambling, Horse Racing, Public authority, Off-track betting, New York State

Suggested Citation

Liebman, Bennett, New York City OTB: Is the Model Broken? (December 22, 2009). Available at SSRN: https://ssrn.com/abstract=1527145 or http://dx.doi.org/10.2139/ssrn.1527145

Bennett Liebman (Contact Author)

Albany Law School ( email )

80 New Scotland Avenue
Albany, NY 12208
United States

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