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New York Governor Vetoes OTB Bill

Legislation to bring off-track betting back to New York City was vetoed Dec. 17 by Gov. Andrew Cuomo.

The veto halts the attempt by Catskill Region Off-Track Betting Corp. to pick up the business lost a couple years ago when the nation's largest OTB companythe New York City Off-Track Betting Corp.closed  under the weight of a bankruptcy filing and scuttled a political deal at the state Capitol to let it stay in operation.

In his veto message released the night of Dec. 17, Cuomo said that the legislation included no business plan to implement the proposal.

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