NYS Seal



The Merger of Regional Off-Track Betting Corporations

To evaluate the impact of merging all of the regional Off-Track Betting systems into one corporation

Wednesday, December 15, 2010
11:00 a.m.
Roosevelt Hearing Room C
Legislative Office Building
2nd Floor
Albany, NY

New York State's six regional Off-Track Betting corporations (OTB) were primarily established to create revenue for state and local governments and the horse racing industry. Over the past several years, some of these entities have experienced significant reductions in revenue and benefits to localities as wagering on horse racing has declined. With the recent bankruptcy filing and shut-down of New York City OTB paired with the claim that other regional OTBs are experiencing similar fiscal troubles and may be headed down the same path, questions have been raised as to whether having six separate regional OTB corporations is in the best interest of the state, local governments and the racing industry.

The purpose of this hearing is to evaluate the economic impact of merging all of the regional OTB corporations into one single entity in order to cut duplicable administrative and operating expenses, maximize the benefit these entities were originally created to provide and to ensure that the quality of New York's racing product remains intact.

Oral testimony will be by invitation only. Any persons invited to testify or wishing to present pertinent written testimony to the Committee at the above hearing should complete and return the enclosed reply form by December 13, 2010. It is important that the enclosed reply form be fully completed and returned so that persons may be notified in the event of emergency postponement or cancellation.

Oral testimony will be limited to fifteen minutes duration. In preparing the order of witnesses, the Committee will attempt to accommodate individual requests to speak at particular times in view of special circumstances. These requests should be made on the attached reply form or communicated to Committee staff as early as possible.

Ten copies of any prepared testimony should be submitted at the hearing registration desk. The Committee would appreciate advance receipt of prepared statements.

In order to further publicize these hearings, please inform interested parties and organizations of the Committee's interest in hearing testimony from all sources.

In order to meet the needs of those who may have a disability, the Assembly, in accordance with its policy of non-discrimination on the basis of disability, as well as the 1990 Americans with Disabilities Act (ADA), has made its facilities and services available to all individuals with disabilities. For individuals with disabilities, accommodations will be provided, upon reasonable request, to afford such individuals access and admission to Assembly facilities and activities.

J. Gary Pretlow
Member of Assembly
Committee on Racing & Wagering


Persons invited to present testimony at the public hearing on the effects of merging the regional Off-track Betting Corporations are requested to complete this reply form as soon as possible and mail, e-mail or fax it to:

Jonathan Lynch
Committee Assistant
Assembly Committee on Racing & Wagering
New York State Capitol - Room 442
Albany, New York 12248
E-mail: lynchj@assembly.state.ny.us
Phone: (518) 455-4311
Fax: (518) 455-7095
I plan to attend the following public hearing on the financial impact of the effects of having a single New York State Off-track Betting Corporation to be conducted by the Assembly Committee on Racing & Wagering on December 15, 2010.
I plan to make a public statement at the hearing. My statement will be limited to fifteen minutes, and I will answer any questions which may arise. I will provide ten copies of my prepared statement.
I will address my remarks to the following subjects:

I do not plan to attend the above hearing.
I would like to be added to the Committee's mailing list for notices and reports.
I would like to be removed from the Committee's mailing list.
I will require assistance and/or handicapped accessibility information. Please specify the type of assistance required: