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State Assembly may offer struggling OTB a lifeline

7 April 2010

ALBANY, New York -- As has been expected the OTB are threatening pink slips and a shut down this Sunday if they is no assistance from the Assembly, the New York Daily News reports.

The Assembly has responded with a plan that will reduce costs by cutting pay and payouts to the racing industry, New York Daily News reported.

The response is seen as a 12 month bailout plan, until a better solution emerges, The New York Daily News report said.

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