New York City OTB Finishes Dead Last HuffPost
But when horse racing went out of fashion, and gamblers migrated to the casinos and on line games, the city's OTB operation found it impossible to contract and become more efficient. OTB was a loser under Rudy Giuliani, who threatened to shut it down, and under Michael Bloomberg. By 2008, when the OTB was running a $17.8 million deficit