In status to check in sector, NYC OTB Chairwoman Meyer "Sandy" Frucher said the house would cut its sporting locations by two-thirds.
He did not say whether those cuts would impress any of the 19 OTB locations in Queens.
OTB locations. A NYC OTB spokesman said the corporation would play movement few of the branches in the season and speak to do so for a twelvemonth after that.
NYC OTB filed for Chapter 9 bankruptcy aegis from creditors Dec. 3. The filing showed the corporation had assets between $10 meg and $50 million and liabilities between $100 1000000 and $500 million.
The New Dynasty Racing Memory, which conducts operations at Aqueduct Contend Cross, Belmont Bowl and Saratoga Race Class, is NYC OTB's second-largest unsafe creditor.
NYC OTB said it owes NYRA author than $14.6 1000000 as of the engagement of the bankruptcy filing. NYRA earlier said it mightiness be forced to remove the Belmont Bet in part due to its not existence prepaid by NYC OTB.