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NYRA pressing forward on NYC parlor opportunity
NYRA to pursue OTBs in New York City
By Matt Hegarty The New York Racing Association intends to pursue licenses to open offtrack betting parlors in New York City, according to written testimony submitted to a state senate committee by the association’s chief executive, Charles Hayward. The testimony, which was submitted to the Senate Racing, Gaming, and Wagering Committee on Tuesday, includes the strongest statements yet on NYRA’s intentions to operate OTB parlors in New York’s five boroughs, a politically charged endeavor that needs approval from city and state officials. In the testimony, Hayward contends that NYRA is best suited to operate the OTBs, and he argues against granting licenses in the city’s five boroughs to any of the five existing OTB companies in New York state, citing the dissolution last year of New York City Off-Track Betting Corp. and the bankruptcy filing this year of Suffolk OTB. “An analysis of NYCOTB, which is endemic of the other regional OTBs, demonstrates that the parlor distribution system, combined with excessive operational and legacy costs, resulted in its financial demise,” Hayward wrote. Under a decades-old law, NYRA has the authority to operate up to eight OTBs in New York City, provided it receives approval from the city and state regulators. In his testimony, Hayward said that NYRA intends to establish OTB parlors in “selected bars and restaurants” in the city so that it can “successfully recoup much of the handle that was lost” when New York City OTB closed. |
I hope they put one back in Playwrights in the West 30s. That was always a nice place to spend the Breeders Cup.
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It's a good idea, as long as it's NYRA running the show.
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The NJ and Colorado OTB models are nice. The places are decent restaurants and bars in addition to being OTB. Makes it feel more like Vegas which is nice. Used to work in NYC and would hit the one bar near South St. Ferry all the time. Kind of dumpy but fine for me.
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This needs to happen. Put an organization that actually has a clue what it's doing in charge, go easy on the number of locations, give track prices, and you'll see OTB in NYC flourish.
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The few OTB's I've been to in New York State were all absolute disasters in every way possible.
I can't imagine how they couldn't be improved upon by anyone who is not intentionally trying to screw everything up. |
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But, yes, the average NYC OTBs were armpits and that was on their good days. |
I think this is great for NYRA if it happens. I heard Catskill OTB is making a play for easy bet locations in the city also. There is a long way to go.
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For the most part, they aren't building these parlors for the people with the NYRA accounts, they are building them for the so called armpit people who don't play anymore because they have no access to bet the races. |
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Yankee Clipper on John St.
Austin's in Kew Gardens |
The restaurant/bar OTBs that I have been in, Il Fornetto and Hunter's in Brooklyn and Irish Circle in Queens, were all fine. Irish Circle was more of a drink beer and $2 bet crowd, but they had fun with it, so nothing wrong with that. The other two places seemed to have a much more serious and very regular crowd. Many of the parlors were nasty, but not all. Some were actually ok and had a neighborhood feel were locals were getting together to watch the races. Been in almost every one that was in Brooklyn, and a couple in Manhattan (those not so good...) so think I can make a fair call on them. There was a big one in Canarsie that I thought might be really bad that turned out to be the cleanest and friendliest of them all and another in Gravesend that one would think very neighborhood-ish, that was a complete dump, so there was little rhyme or reason to the good ones and bad ones.
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There's a bar/OTB opening nearby in upstate NY and I'll be curious to see the business once they open after cleaning up after the flood. |
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