The New York City Off-Track Betting Corp., the nation’s largest off-track betting operation, looks like it will cose down this summer. The board of directors for the financially troubled group voted to shut down the struggling enterprise. The plan is to lay off employees and end betting in mid-June.

This entry was posted on Wednesday, February 20th, 2008 at 10:02 pm and is filed under sports betting, horse racing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a comment, or trackback from your own site.