April 11, 2010 By Christian Murray
New York City’s Off-Tracking Betting Corp. is on the brink of closing down all of its parlors, which includes its betting shops in Sunnyside and Woodside.
New York City’s Off-Track Betting Corp, which is in bankruptcy court, was supposed to shut down all 66 betting parlors for good today (Sunday), including the OTBs in Sunnyside and Woodside.
However, the OTB Corp. decided to keep the parlors open–for no more than another week– while Gov. David Paterson and state legislative leaders continue to negotiate a long-term solution to the agency’s cash flow problems.
However, even if an agreement is reached with the state, NYC OTB is likely to close most of its parlors and move toward a more high-tech model.
There are two parlors in Sunnyside/Woodside:
- 44-05 Queens Boulevard (44th & 45th Streets)
- 62-17 Roosevelt Ave.(62nd Street)
only the City and State could lose money by being a bookie