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Legal Objections Filed Over Proposed Bailout

November 24, 2010:

The Standardbred Owners Association of New York today sent a letter and memorandum to members of the New York State Assembly and Senate in advance of the scheduled Special Legislative Session on Monday...read on

Faraldo Letter Critiquing Gural's Letter

October 27, 2010:

In a situation which has quickly deteriorated into a war of words, Standardbred Owners Association of New York President Joe Faraldo has fired back at state racetrack owner Jeff Gural in regard to the proposed bailout agreement for New York City Off Track Betting...read on

Faraldo Sounds Off On Restructuring Plan

October 15, 2010:

On Thursday, October 14, Standardbred Owners Association of New York President Joe Faraldo released an open letter speaking out against a proposed restructuring plan which has been proposed by New York City Off-Track Betting...read on

Severance To 550 NYCOTB Workers?

October 8, 2010:

New York City OTB’s new president and CEO Greg Rayburn has taken his first big step in reorganization of the...read on

Rayburn Means Business In NY

September 2, 2010:

Greg Rayburn, New York City OTB’s chief executive, withdrew his offer of early retirements for OTB employees yesterday after his deadline for union agreement passed...read on

Another D-Day For NYCOTB

August 30, 2010:

Another day, another crisis for embattled New York City OTB. Its new $125,000-a-month turnaround specialist, Greg Rayburn, has set tomorrow as a deadline for acceptance of his bold new plan for saving the ailing betting giant...read on

“Everything On The Table”

July 16, 2010:

“Everything on the table” is what New York Governor David Paterson’s main man said about New York City OTB, which is now being pursued by a number of would-be operators, including unnamed harness tracks...read on

New NYCOTB CEO Salary Contentious

July 8, 2010:

As soon as it seemed the drama surrounding the New York City Off-Track Betting Corp. was simmering down, news of the hiring of a new $125,000-per-month president and CEO has the ongoing situation a-boiling once again...read on

NYCOTB's Frucher Resigns

June 7, 2010:

With the resignation of Meyer 'Sandy' Frucher as chairman of New York City Off-Track Betting Corporation, Governor David A. Paterson has effectively taken over by appointing his top aide, Lawrence Schwartz, who holds the title of...read on

Willmot Sounds Off

May 31, 2010:

Stakes action took centre stage this past weekend in the harness racing world, but what seemingly flew under the radar was an article by The Globe And Mail in which outgoing Woodbine Entertainment Group CEO David Willmot sounded off on a variety of topics...read on

Firings And Raises At NYCOTB

April 27, 2010:

The Chief-Leader, a weekly civil service newsletter, catches up with an interesting anachronism today....read on

Thirty-Five NYCOTB Managers Let Go

April 26, 2010:

Thirty-five top non-union managers at New York City OTB were handed pink slips last week, in a surprise move designed to save the beleaguered organization...read on

NY Groups Call For Frucher Resignation

April 20, 2010:

According to a report, a pair of thoroughbred organizations in the state of New York yesterday called for New York City Off-Track Betting Chairman Meyer 'Sandy' Frucher...read on

NYCOTB Bailout Falls Apart

April 15, 2010:

It has been reported that the effort to save New York City Off-Track Betting fell apart yesterday due to disagreements regarding severance packages and regional...read on

Report: NYCOTB Bailout Would Hurt Tracks

April 13, 2010:

According to a report, Empire Resorts executives have said that a proposed bailout plan for the bankrupt New York City Off-Track Betting would lead to layoffs at...read on


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