NYC OTB in Financial Crisis

[Linny]

Clearly someone in the NYC Mayor's (and at the NYT) office needs a bit of a lesson in the economic structure of the racing environment. In simplest retail terms, the tracks produce a product (racing) and the OTB's and assorted simulcasts distribute and sell the product at the retail level. The distributors PAY for the right to retail the product. A man as successful as Bloomberg simply cannot be so idiotic as to not see this.