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Kathy Hochul released a long-buried report from the Cuomo administration, accusing Catskill OTB of waste, mismanagement and hoarding of broken equipment. Catskill OTB Ĭatskill Regional Off-Track Betting Corporation covers ten counties in the Catskills and Southern Tier regions. It has 33 branch locations, including its flagship Clubhouse Race Book in Albany. Regional OTBs Capital OTB Ĭapital District Regional Off-Track Betting Corporation covers sixteen counties and the cities of Albany and Schenectady.

OTB parlors began showing live video feeds of races (referred to as simulcasting) in 1984. The current system of regional OTB corporations was enacted in 1973. The City of Schenectady followed in 1972 with its own OTB operation. The law was meant to curb illegal bookmakers and provide a revenue source for state and local governments. The New York State Legislature enacted its first off-track betting law in 1970, creating the New York City Off-Track Betting Corporation and allowing other municipalities to establish their own OTB operations. After the OTB's operating expenses are paid, any remaining profits are disbursed to the state and the participating counties and cities. From these revenues, payments are made to the state, participating counties and cities, racetracks, and funds to support the racing industry.

In addition, a surcharge of 5 or 6 percent is deducted from most payouts to winning OTB bettors. The remaining amount, known as the 'takeout', is retained by the OTB operator. Out of each wager placed through OTB, approximately 77 percent goes into the parimutuel pools for distribution to winning bettors. In addition to New York City, thirteen other counties ( Allegany, Delaware, Hamilton, Jefferson, Lewis, Onondaga, Ontario, Otsego, Saratoga, Schoharie, Tompkins, Westchester, and Yates) do not have any OTB parlors.Įach of the OTB corporations accepts wagers at a number of full-service branch locations, at self-service terminals located in restaurants and bars, and by telephone and Internet. Each corporation is a public benefit corporation, run by a board of directors who are appointed by the governments of the participating counties and cities.

A sixth OTB corporation, serving New York City, closed down in 2010. Off-track betting is offered by five regional corporations.

They accepted a total of $558 million of bets in 2016. As of 2014, the five operators had a total of 89 betting parlors and 5 tele-theaters around the state. state of New York, off-track betting on horse racing is offered by five regional, government-owned corporations. Aspect of horse race betting Map of the counties and cities that participate in each of the regional OTB corporations

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