New York City Comptroller William C. Thompson, Jr. today issued the following statement regarding the continued operation of New York City Off-Track Betting:

“I supported the State’s takeover of New York City Off-Track Betting as a solution to retain the jobs of 1500 hard-working New Yorkers.  Ideally, I would have liked to see a new formula take effect that would have allowed New York City to collect our fair share of the pie, but since that could not be accomplished, I think the Mayor was right to hold out and see to it that New York City collected some form of revenue from the operations at NYC OTB.”

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