© 2024
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Off-Track Betting Plummets In New York Amid Competition


A new state audit released Friday by state Comptroller Thomas DiNapoli shows off-track wagering dropped by $1.2 billion during the five-year period of 2009-2013 compared to the previous five-year span.

New York regulates five regional off-track betting corporations that operate parlors around the state.

The nearly 25 percent decrease came at a time when gamblers had more ways to wager than ever, at casinos, slot parlors and online.

DiNapoli says the dramatic decrease in wagering shows that the viability of off-track betting parlors is in jeopardy. He noted that OTB revenues for local municipalities are down by 42 percent from 2009 to 2013.

Copyright 2015 The Associated Press.

Dave Lucas is WAMC’s Capital Region Bureau Chief. Born and raised in Albany, he’s been involved in nearly every aspect of local radio since 1981. Before joining WAMC, Dave was a reporter and anchor at WGY in Schenectady. Prior to that he hosted talk shows on WYJB and WROW, including the 1999 series of overnight radio broadcasts tracking the JonBenet Ramsey murder case with a cast of callers and characters from all over the world via the internet. In 2012, Dave received a Communicator Award of Distinction for his WAMC news story "Fail: The NYS Flood Panel," which explores whether the damage from Hurricane Irene and Tropical Storm Lee could have been prevented or at least curbed. Dave began his radio career as a “morning personality” at WABY in Albany.
Related Content