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State Legislature Bails Out on NYC OTB Bailout

New York City Off-Track Betting Corp. Facing Total Shutdown
By Andrew Deichler
April 14, 2010 | 2:06 P.M.

New York Gov. David Paterson was expected to propose a bailout on Wednesday for the bankrupt New York City Off-Track Betting Corp. (NYC OTB). However, according to a statement from the Governor's office, the state legislature departed negotiations without acting on any legislation.

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