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April 7, 2014

30 Years a Fan, Learning New Ways to Win

When the dust settled, a new champion emerged from Suffolk OTB’s March 2014 Handicapping Contest.  Scott Hillowe, a long time horse racing fan, is a relative newcomer to these kinds of contests.  Proving to be a fast learner Hillowe took the trophy home, outpacing some serious competition.

A resident of Massapequa, NY, Scott Hillowe  owns an insurance consulting business in Wantaugh, NY., and has been a horse racing fan for some 30 years.  He is a Winner’s Club member at the Suffolk OTB’s Racing Forum on Motor Parkway in Hauppauge, NY.  Scott has only recently begun to compete in handicapping contests, and finds that he enjoys the unique level of competition this type of contest can offer.  “It is certainly a different game than regular pari-mutuel racing” says Scott, “One that requires patience, concentration and preparation.  I look forward to competing on a more regular basis moving forward.”

With 84 contestants in the field, this March’s competition was one of Suffolk OTB’s most hotly contested in quite some time.   Among a stable of past-champions and horse wagering veterans was professional handicapper John Conte, Star of Esquire Networks “Horseplayers;” a show that follows some of the Country’s most renowned professionals. Trailing Conte on the leader board with one eligible race left to wager, Scott proved to be a player to be reckoned with himself, leaning on his own experience and strategy to grab the win with no time to spare. 

Hillowe’s last-race win netted him a check for $8400, a trophy commemorating the win, and accommodations and entrance into a $1 million contest in Las Vegas in February, 2015.   Suffolk OTB would like to congratulate Scott and wish him luck on his next bid for a big win.  Go get em’ Scott!

Suffolk OTB’s latest handicapping contest winner, Scott Hillowe, is congratulated by contest coordinator Chris Dempsey (right). He received the trophy, as well as a check in the amount of $8,400, for his 1st  place finish


November 26, 2012

Post-Sandy, OTB Employees 'HERE 2 HELP' Stuggling Neighbors

Suffolk Off-Track Betting joined with Long Island Cares to gather much-needed items for those devastated by Super Storm Sandy. Over the course of a two-week drive, Suffolk OTB employees donated non-perishable food, diapers, personal care items, pet food, paper goods and cleaning supplies. All told, Suffolk OTB delivered over 800 pounds of relief supplies to Long Island Cares just before Thanksgiving.


Short Drive, Lasting Help
Immediately prior to the short drive acros the street to Long Island Cares in Hauppauge, Suffolk Off-Track Betting employees organized the 800 pounds of relief supplies donated by the corporation’s branch and headquarters employees during its ‘HERE 2 HELP’ drive to assist those struggling in the aftermath of Super Storm Sandy.




August 23, 2012

For Suffolk OTB Handicapping Contest Winner,
Chance Discovery of Horseracing Leads to Lifetime Hobby

William M. Roth came in seventh place at a Suffolk OTB handicapping contest a few years ago, so it was rewarding to nab the first place spot at Suffolk OTB’s most recent Handicapping Contest, which was held at the Racing Forum on Motor Parkway in Hauppauge.

The racing enthusiast is a retired police officer who currently works as a criminal defense attorney in Utica, New York. Roth’s boyhood home was in Queens Village, a stone’s throw from his favorite track: Belmont. He remembers numerous flea market outings with his sisters at Belmont’s parking fields when he was younger and recalls the day when he realized that there is horse racing at this place too!

Enjoying the races and a cold beer at Belmont was an opportunity for good conversation with his late father and those are memories that Roth cherishes. He prefers the warm weather race days and looks forward every year to the horses getting back on the turf.

Roth likes to play multiple race bets and utilizes his own system when he places wagers. He normally looks for trainer moves that have successfully been used by a trainer on a regular basis. Roth said that this can be an indicator that a horse — in form and fit — is ready to step up.

PHOTO CAPTION: Suffolk OTB’s latest handicapping contest winner, William Roth, is congratulated by his wife Melanie Roth (left) and his mother, Jean Roth (right). He received the trophy, as well as a check in the amount of $8,040, for his 1st and 5th place finishes.




June 12, 2012

Despite Scratch of Possible Triple Crown Winner,
Suffolk OTB Belmont Stakes Handle Up 11% Over 2011 Total

Bettors reeled when front runner “I’ll Have Another” was scratched the day before the Belmont Stakes, taking with it all hopes for a possible Triple Crown. In the time it took to hastily convene a news conference, horse racing enthusiasts pivoted from betting on a possible Triple Crown winner to considering the strengths and weaknesses of the remaining contenders.

What emerged from that uncertainty was one of the most exciting days of thoroughbred racing, with Union Rags nosing out Paynter in a rail-hugging photo finish.

For Suffolk Off-Track Betting, the handle (amount wagered) was the strongest Belmont Stakes in three years. The $1.47-million was 11% higher than the $1.31-million wagered during the running of the 2011 Belmont Stakes, extending also to an uptick in handle for the entire day of racing.

President and CEO Jeffrey A. Casale said that Suffolk OTB is continuing its reorganization under Chapter 9 protection and that the Belmont Stakes increase signaled a positive trend directly attributable to Suffolk OTB’s new business model. “Suffolk OTB is cultivating the low-overhead sectors of its business,” said Casale. “Qwik Bets and Telephone/Internet wagering are the engines driving Suffolk OTB’s future.” Qwik Bets are partnerships with neighborhood pubs and restaurants.

Comparing 2011’s numbers with this year’s Belmont Stakes, Suffolk OTB’s Telephone/Internet wagering increased 6 ½ %. Qwik Bets shot up an astonishing 45%. There are now nineteen Suffolk OTB Qwik Bet locations. “In Qwik Bets, we see a new dynamic, one in which wagering becomes a more social outing, complete with betting on the horses and having a fun night out with friends.”

Casale pointed out that full-service Suffolk OTB branches are available for those customers who prefer one-on-one customer service. In right-sizing the company, Casale said that branches now stand at seven locations, down from the fourteen of just a few years ago. “What we found over the past year alone is that even with closing five bricks and mortar branches, Suffolk OTB has retained the majority of the handle generated by the closed branches.” Last year’s Belmont Stakes’ handle from branches was $1.30-million. The branch handle for this year’s Belmont Stakes stood at just 1 ½ % less: $1.28-million.

A number of lucky customers ended their Belmont Stakes Day a few thousand dollars richer. For one customer placing a $5 Superfecta wager on the internet, $4,765 was the payout. The $2 Superfecta yielded a $1,791 payout for a customer at the Sunrise Branch and another at the Centereach Branch. Six customers who wagered at the Racing Forum or online received track odds for their $1 Superfecta bet and received a $953 payout. Finally, customers at the Airport, Centereach, Commack, Shirley and Sunrise branches bet a $1 Superfecta and won $895.50 each.

All told, Suffolk OTB had a total Belmont Stakes payout of nearly $1.3-million.




May 25, 2012


“I’ll Have Another” Scratched - Belmont Stakes is Wide Open
Suffolk OTB-Easiest Way to Bet the Belmont Stakes
I’ll Have Another was scratched early this afternoon, throwing open the winning of the Belmont Stakes. Wager on who will be the surprise winner with Suffolk OTB – the easiest way to Bet the Belmont Stakes. Suffolk OTB brings Belmont Stakes excitement to Suffolk County residents, no matter where they live.

                                    4 Ways to Bet on the Belmont Stakes

(1) BRANCHES: There are 7 full-service branches.

(2) QWIK BETS: There are 19 Qwik Bets located in neighborhood pubs and restaurants

(3) TELEPHONE: If you have a Suffolk OTB Telephone/Internet Wagering Account, you can call 1-877- TEL-BETT (1-877- 835-2388) and place your bet

(4) INTERNET: If you have a Suffolk OTB Telephone/Internet Wagering Account, you can log on to www.suffolkotb.com, click on ‘Place Wagers’ in the upper left-hand corner of the home page and follow the prompts to place your bet.

WHEN:Saturday, June 9, 2012…….. Belmont Stakes

Friday, June 8, 2012……….. Advance Wagering Available on the Belmont Stakes

Call (631) 853-1000 for more info

TIME:

►Suffolk OTB’s 7 branches open to the public at 10:30 AM. 

Wagering also available at 19 Qwik Bet locations

►Approximate post time for the Belmont Stakes is 6:40 PM.

CONTACT:                Deborah Pfeiffer, Director of Public and Government Affairs

                                    (office) 631-853-1000, ext. 3558

                                    (cell) 631-703-4858

SUFFOLK OTB BRANCHES & QWIK BETS

Suffolk OTB Full-Service Branches

The Racing Forum  
690 Motor Pkwy, Hauppauge
Exit 55 West on LIE

Airport Branch
300 Knickerbocker Ave, Bohemia
2 blocks south of MacArthur Airport

Centereach Branch
1937 Middle Country Rd, Centereach
½ mile west of Nichols Rd

Commack Branch
6243 Jericho Tpke, Commack
West of Commack Rd

Route 110 Branch
1741A Rte 110, East Farmingdale
Between LIE & Southern State Pkwy

Shirley Branch
60 Northern Blvd, Shirley
Northern Blvd & William Floyd Pkwy

Sunrise Branch
1375 Sunrise Hwy, Bay Shore
North Service Rd, Sunrise Hwy

SUFFOLK OTB: Qwik Bets in Neighborhood Pubs & Restaurants

Bruno's
451 Hawkins Ave, Ronkonkoma
(631) 588-9843

CB's Bar and Grill
214 West Montauk Hwy, Hampton Bays
(631) 728-7574

Cavanaugh's
255 Blue Point Ave, Blue Point
(631) 363-2666

Dunton Inn
701 So Country Rd, E. Patchogue
(631) 758-8940

Founder's Tavern
55500 Main Rd. (Rte 25), Southold
(631) 765-3100

Healy's Inn
54 Broadway, Greenlawn
(631) 754-2700

Jimmy's Pub
350-5 E. Main St, Patchogue
(631) 654-9558

The Jon Thomas Inne
91 Howells Rd, Brightwaters
(631) 666-2060

Main Street Pub
21 Main St, Kings Park
(631) 544-5461

Napper Tandy's
229 Laurel Ave, Northport
(631) 757-4141

Pete's Place
876A Church St, Bohemia
(631) 218-0060

The Shamrock
138 New York Ave, Halesite
(631) 427-4221

Shagwong
774 Main St, Montauk
(631) 668-3050

Signal 8 Saloon
80-F Montauk Hwy, Copiague
(631) 789-1046

Sit 'n' Sip Inn
296 Maple Ave, Smithtown
(631) 361-4838

Southampton Publick House
40 Bowden Sq, Southampton
(631) 283-2800

Tommy’s Place: Port Jefferson
109 Main St, Port Jefferson
(631) 473-8778

Tommy’s Place: Rocky Point
42 Broadway, Rocky Point
(631) 209-1900

The Twisted Shamrock
11 Railroad Ave, Babylon
(631) 661-9527




May 11, 2012

New Business Model Yields Impressive Results;
Suffolk OTB Kentucky Derby Handle Up 25% Over 2011 Total

(Hauppauge, New York):  At 12-1 odds, “I’ll Have Another” came from behind to win this year’s Kentucky Derby by 1 ½ lengths over 4-1 favorite “Bodemeister”. For the Kentucky Derby race itself, Suffolk OTB experienced its strongest handle in the last five years with a 25% increase over the 2011 Run for the Roses. $1.75-million was this year’s total, as compared to $1.38-million for the 2011 Derby. After several years of decline, the handle numbers for the entire day were up by 3%: $2.23-million this year versus $2.16-million for 2011.

President and CEO Jeffrey A. Casale attributed the success of this year’s Derby to Suffolk OTB’s implementation of its revised business model. “Suffolk OTB is positioning itself to provide any and all types of wagering opportunities for a demanding betting public. We will continue offering full-service branches to those customers who prefer a person-to-person customer service experience. By expanding our Internet and Qwik Bet operations, we also appeal to a new breed of horse bettors. Wagering with Suffolk OTB has gone viral.”

Suffolk OTB has pursued its new business plan in earnest in the wake of the New York State Legislature’s passage — and Governor Cuomo’s signature into law on March 30, 2012  — of the Suffolk OTB budget bill. As a result of the bill’s passage, Suffolk OTB is now in the position to file for Chapter 9 bankruptcy protection, as well as gain access to its CAF (capital acquisition fund).

Suffolk OTB’s Internet handle for Derby Day was 16% higher than 2011 ($107,464, as opposed to $92,188 for 2011). Qwik Bet handle shot up by more than 55% over 2011. (These are partnerships that Suffolk OTB forms with neighborhood pubs and restaurants to offer the convenience of wagering in a new venue). Suffolk OTB has increased its number of Qwik Bets form 4 in 2006 to the present figure of 19. Derby handle for Qwik Bets this year was $363,441.

One lucky customer at the Shirley Branch bet a $1 Superfecta and walked away with a $33,872 payout.

Two customers at the Airport and Centereach branches wagered a $5 Triple, resulting in winnings of $5,403.50. The $3 Triple proved to be a winning bet for customers at the Racing Forum, the Sunrise Branch and the Shamrock Qwik Bet in Halsite. Payoff for that bet was $4,321.50. A total of six customers at the Commack, Shirley and Sunrise branches bet a $2 Triple and put $2,881.00 in their pockets. The Qwik Bets at Sit N Sip in Smithtown and Jimmy’s Pub in Patchogue each had winners for the $2 Triple also.

Finally, 50 customers at various branches and Qwik Bets bet a $1 Triple and ended the day $1,440.50 richer.

All told, Suffolk OTB had a total Derby payout of nearly $1.5-million.

“I’ll Have Another” travels to Baltimore’s Pimlico for his next contest on Saturday, May 19th, although he failed to gain favored status for the Preakness Stakes. That honor goes, instead, to “Bodemeister”.




April 30, 2012

1 Month After Passage of Bill Authorizing Re-Filing of Chapter 9 Petition,
Suffolk OTB Readies for Kentucky Derby

WHAT:Racing enthusiasts in Suffolk County now have the chance to wager at more locations than ever before (see attached list)

                                    4 Ways to Place a Wager on the Kentucky Derby

  1. BRANCHES: There are 7 full-service branches.
  2. QWIK BETS: There are 19 Qwik Bets located in neighborhood pubs and restaurants
  3. TELEPHONE: If you have a Suffolk OTB Telephone/Internet Wagering Account, you can call 1-877- TEL-BETT (1-877- 835-2388) and place your bet
  4. INTERNET: If you have a Suffolk OTB Telephone/Internet Wagering Account, you can log on to www.suffolkotb.com, click on ‘Place Wagers’ in the upper left-hand corner of the home page and follow the prompts to place your bet.

WHEN:Saturday, May 5, 2012 – Kentucky Derby

Friday, May 4, 2012 -- Advance Wagering Available on the Kentucky Derby

Call (631) 853-1000 for more info

TIME:►Suffolk OTB’s 7 branches open to the public at 10:00 AM. 

Wagering also available at 19 Qwik Bet locations

►Approximate post time for the Kentucky Derby is 6:24 PM.

  BACKGROUND:       On March 30, 2012, the NYS legislature passed —and Governor Cuomo signed into law— a budget packet providing the relief that Suffolk OTB sought since U.S. Bankruptcy Court Chief Judge Carla Craig dismissed Suffolk OTB’s petition to remain under the protection of Chapter 9 bankruptcy this past December. This relief came at no cost to taxpayers and will allow Suffolk OTB to move forward with implementing its new business model.

CONTACT:                Deborah Pfeiffer, Director of Public and Government Affairs

                                    (office) 631-853-1000, ext. 3558

                                    (cell) 631-703-4858




April 18, 2012

Suffolk OTB President & CEO Jeffrey A. Casale Retires;
Former Islip Town Supervisor Phil Nolan Assumes Post

Suffolk Regional Off-Track Betting Corporation filed for Chapter 9 bankruptcy protection in March of last year after receiving authorization from the Suffolk County Legislature. U.S. Bankruptcy Court Chief Judge Carla Craig dismissed that petition in December, ruling that such authorization must come from New York State. Judge Craig did, however, order a stay pending appeal.

With the introduction of legislation this past Friday by NYS Senator John Flanagan and Assemblyman Robert Sweeney, Suffolk OTB is looking to procure State authorization to re-file its Chapter 9 petition (or file a new petition), as well as gain access to its own Capital Acquisition Funds (CAF). The bill numbers are S6293 for the Senate and A9062 for the Assembly.

“This legislation will allow Suffolk OTB to re-file its Chapter 9 petition and continue with its corporate restructuring and debt repayment,” said Suffolk OTB President and CEO Jeffrey A. Casale. Churchill Downs Inc. is not a creditor to whom Suffolk OTB owes money. The out of state entity was the sole objector to Suffolk OTB’s original Chapter 9 filing.

“We are not asking for any taxpayer assistance. Suffolk OTB asks only that it be permitted to move forward with implementing its new business model.

Again, I must emphasize, the State and the State’s taxpayers will not pay one penny if the Legislature passes this bill.”

With this legislation, Suffolk OTB would utilize its Capital Acquisition Fund (CAF) for operational purposes. Presently, Section 509-a of the Racing and Wagering Law restricts the use of such funds to capital projects. Suffolk OTB has no need for extensive capital expenditures. The corporation cut branches 50% in the last 2 years, from 14 to 7 locations, with increasing emphasis placed on increasing Qwik Bet and Internet wagering. Use of the CAF funds would make more sense in the area of operations.

The bills now go to the Assembly and Senate racing committees for their consideration. “Over the last 5 years, the faltering economy and a lessening interest in horseracing have dealt a heavy blow to Suffolk OTB, even as we cut expenses by 42%,” said Casale. “Passage of A9062/S6293 would give Suffolk OTB access to its own capital fund and, even more importantly, authorize Suffolk OTB to re-file its Chapter 9 petition, or file a new petition. With these tools in place, we will, on our own, sink or swim.”




April 4, 2012

NYS Legislature Passes, Governor Signs, State Budget Bill
Suffolk OTB Can Re-File Chapter 9 Petition, Gain Access to Capital Funds


(Hauppauge, NY, Wednesday, 2012): New York State’s 2012-2013 budget process concluded when Governor Andrew Cuomo signed the budget bill into law on Friday, March 30, 2012. Contained in that budget packet was the relief that Suffolk OTB has sought since U.S. Bankruptcy Court Chief Judge Carla Craig dismissed Suffolk OTB’s petition to remain under the protection of Chapter 9 bankruptcy this past December.

Suffolk OTB President and CEO Jeffrey A. Casale expressed his appreciation for the bill’s passage. “We are extremely grateful for the enactment of this law,” said Casale. “Suffolk’s elected officials on the County and State levels were united on this issue. They recognized the importance of preserving 230 jobs and a million-plus revenue stream to Suffolk County.” Casale emphasized that the budget legislation having to do with Suffolk OTB comes at absolutely no expense to taxpayers. “Suffolk OTB asked only that it be permitted to move forward with implementing its new business model. This legislation will allow us to do that.”

Budget Bill A9058-D/S6258-D gives Suffolk OTB the ability to re-file for Chapter 9 bankruptcy protection and also allows the company access to its CAF (capital acquisition fund) for operational purposes. Suffolk OTB’s legislation —  Article VII, Part II — was part of New York State’s Transportation, Economic Development and Environmental Conservation budget for 2012-2013.

Casale said that challenges remain for Suffolk OTB. “Certainly passage of A9058-D/S6258-D is the most positive development we have experienced in the last five years. It does not mean, however, that the hard work is over.”

The passage of Budget Bill A9058-D/S6258-D means that Suffolk OTB may put into place further savings mechanisms under the protection of Chapter 9. Casale said that such cuts will be a painful, albeit a necessary, step in the process to the full realization of Suffolk OTB’s new business model.

Prior to the dismissal of its bankruptcy petition in December, Suffolk OTB had implemented a number of cuts. Branch locations were reduced from fourteen in 2008 to seven in 2011, yielding the company $250,000 in savings. From 2006 to 2011, Suffolk OTB cut expenses 42%: from $26-million in 2006 to $15-million in 2011. The company reduced its number of employees from 379 in 2006 to 225 in 2011, producing a 41% decrease in staffing levels. The increased employee contribution level of 25% to health benefits will result in approximately $550,000 in savings.

As aggressively as the company is cutting its bottom line, it is equally committed to growing its future business. That future veers away from bricks and mortar and towards Qwik Bets and internet wagering. From four Qwik Bet locations in 2006 to seventeen this year, Suffolk OTB has realized a 350% increase in these pub/restaurant venues. The 835% increased handle associated with Qwik Bets is equally impressive: from $1-million in 2006 to $9-million in 2011. Suffolk OTB has also dramatically increased its internet handle: between 2010 and 2011 alone this figure jumped 133%. In dollars, that is $7-million total, from a first-year total of $3-million.

Casale extended special credit for the bill’s passage to Assemblyman Robert Sweeney and Senators Flanagan and LaValle for their early and consistent efforts in ushering the bill through the

legislative process. County Executive Steven Bellone made Suffolk OTB’s legislative needs one of his top priorities on his first Albany agenda since assuming office in January. Teamsters Local 237 worked closely with Suffolk OTB to bring the Chapter 9 and CAF issues front and center early (and often) in the legislative session.

Elected County officials Comptroller Joseph Sawacki, Jr., Treasurer Angie Carpenter and the Suffolk County Legislature provided vital assistance in the bill’s passage. William Lindsay, Presiding Officer of the County Legislature, focused on the dual loss to the County if Suffolk OTB closed its doors: loss of revenue to the County and loss of jobs for 230 County residents. He deemed neither outcome acceptable.

“These elected officials recognized that the budget bill would provide Suffolk OTB with the necessary tools to continue implementing its new business model. Their entreaties on our behalf made an enormous impact in Albany,” said Casale. The bill also provided the State’s other OTB regions with a path to Chapter 9 bankruptcy protection, if necessary, as well as the ability to tap into their CAF for operational purposes.

Casale said that Suffolk OTB will utilize the provisions of the new law under the guidance of bankruptcy counsel and the company’s internal finance department. “The legacy of this bill is undeniably positive: 230 County residents — most of whom are union members — retain their jobs, the County continues to receive much-needed revenue and the cost to taxpayers is zero.”

Suffolk OTB is a public benefit corporation that provides between $1.6 and $1.8-million annually in non-tax revenue for Suffolk County and its taxpayers. Since its inception in 1975, it has generated a total of over $359 million for state and local taxpayers.

Suffolk Regional Off-Track Betting Corporation has a total of seven branches: the Racing Forum, which is the only branch giving track odds and paying track prices (690 Motor Parkway, Hauppauge), the Airport Branch (300 Knickerbocker Avenue in Bohemia), the Centereach Branch (1937 Middle Country Road), the Commack Branch (6243 Jericho Turnpike), the Route 110 Branch (1741 A Route 110, East Farmingdale), the Shirley Branch (6 Northern Boulevard), and the Sunrise Branch (1375 Sunrise Highway, Bay Shore).

Throughout Suffolk County, Suffolk OTB has seventeen Qwik Bet locations.

Suffolk OTB also handles telephone wagering for both Suffolk OTB and Nassau OTB customers in its Telephone Room, which is located adjacent to SROTB headquarters in Hauppauge.




January 25, 2012

NYS Senator Flanagan, Assemblyman Sweeney Introduce Legislation
Suffolk OTB Looks to Re-File Chapter 9 Petition, Gain Access to Capital Funds

Suffolk Regional Off-Track Betting Corporation filed for Chapter 9 bankruptcy protection in March of last year after receiving authorization from the Suffolk County Legislature. U.S. Bankruptcy Court Chief Judge Carla Craig dismissed that petition in December, ruling that such authorization must come from New York State. Judge Craig did, however, order a stay pending appeal.

With the introduction of legislation this past Friday by NYS Senator John Flanagan and Assemblyman Robert Sweeney, Suffolk OTB is looking to procure State authorization to re-file its Chapter 9 petition (or file a new petition), as well as gain access to its own Capital Acquisition Funds (CAF). The bill numbers are S6293 for the Senate and A9062 for the Assembly.

“This legislation will allow Suffolk OTB to re-file its Chapter 9 petition and continue with its corporate restructuring and debt repayment,” said Suffolk OTB President and CEO Jeffrey A. Casale. Churchill Downs Inc. is not a creditor to whom Suffolk OTB owes money. The out of state entity was the sole objector to Suffolk OTB’s original Chapter 9 filing.

“We are not asking for any taxpayer assistance. Suffolk OTB asks only that it be permitted to move forward with implementing its new business model.

Again, I must emphasize, the State and the State’s taxpayers will not pay one penny if the Legislature passes this bill.”

With this legislation, Suffolk OTB would utilize its Capital Acquisition Fund (CAF) for operational purposes. Presently, Section 509-a of the Racing and Wagering Law restricts the use of such funds to capital projects. Suffolk OTB has no need for extensive capital expenditures. The corporation cut branches 50% in the last 2 years, from 14 to 7 locations, with increasing emphasis placed on increasing Qwik Bet and Internet wagering. Use of the CAF funds would make more sense in the area of operations.

The bills now go to the Assembly and Senate racing committees for their consideration. “Over the last 5 years, the faltering economy and a lessening interest in horseracing have dealt a heavy blow to Suffolk OTB, even as we cut expenses by 42%,” said Casale. “Passage of A9062/S6293 would give Suffolk OTB access to its own capital fund and, even more importantly, authorize Suffolk OTB to re-file its Chapter 9 petition, or file a new petition. With these tools in place, we will, on our own, sink or swim.”