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NYC OTB closure looms as Senate returns to session

7th December 2010 9:31 am GMT

The New York Senate has been called back into session later today to vote on the proposed reorganisation of the New York City Off Track Betting Corporation (NYC OTB), with the company’s operations set to be closed down tonight at midnight at a cost of US$20m to state taxpayers if no resolution is found.

Last week the NYC OTB warned that it would be forced to shut down operations on Friday December 3rd if the state [...]

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