Displaying all articles tagged:

Otb

  1. gallery
    An Entrepreneur’s Fashion RenaissanceRenzo Rosso’s biggest moments.
  2. Trendlet
    Trendlet: Frog Legs Find Favor — and Flavor — All Over TownIt’s tempting to blame the resurgence of frogs’ legs on New York’s burgeoning French-food renaissance.
  3. Openings
    Coming Soon to Astoria: A Really Big Restaurant With a Lot of TelevisionsBut where’s the remote?
  4. Coming Up
    Post Office Owners Planning Another Restaurant and Bar for the ‘BurgIt’s tentatively titled OTB.
  5. all the pretty horses
    Shuttered Off Track Betting Parlors Maintain Their Bad EnergyRenters are less than charmed.
  6. Closings
    With OTB’s Death, Has Winner’s Circle Gone to the Glue Factory?The restaurant that was “as close as midtown gets to vintage Vegas” is likely done for.
  7. all the pretty horses
    New York’s Off Track Betting Shut DownThis will have widespread effects.
  8. otb
    The Sparsely Attended Death Throes of N.Y. Off-Track BettingOTB has been a money-losing political cesspool for at least a decade. Why should its death be any less of a fiasco?
  9. the morning line
    The Kennedy Conspiracy • There’s more on the weekend’s big story, the foiled plot to blow up JFK. One angle: The fourth suspect, still at large, could be an Al Qaeda lieutenant with direct ties to bin Laden. [NYP] • Another: The man who led the Feds to the plot was a twice-convicted drug dealer who successfully infiltrated the terror group after being muscled into serving as a government informant. [WNBC] • Rudy Giuliani, seeking to diversify his stoicism-in-the-face-of-tragedy bona fides, stopped by to speak at Montoursville High School, which lost sixteen students aboard TWA 800. The campaign hilariously insists he just popped in for no reason. [amNY] • Gun groups nationwide are casting Bloomberg as their No. 1 enemy, despite his concentration on illegal weapon sales. The NRA (whose site has a breaking-news ticker!) calls the mayor a “billionaire, Boston-grown evangelist for the nanny state.” Boston-grown — now that stings. [NYT] • And OTB wants to put touch-screen terminals into city bars and accept “BlackBerry bets,” convinced it will find a new demographic there. We eagerly await the spectacle of drunken hipsters ironically losing their shirt on their ponies. [NYDN]
  10. intel
    State Comptroller Says the Horse Can’t Do New State Comptroller Thomas DiNapoli’s “Review of the Financial Plan of the City of New York” is not a fun read, but it’s as exuberant as a PDF from a .gov source can get. Tax collections are “far beyond the City’s expectations.” Surplus time all around! Plus, “conservative economic assumptions” lowball robust revenue forecasts for 2007. Our attention, however, was drawn to the travails of one city-related public authority floundering among all that splendor: the Off-Track Betting Corporation. Turns out the OTB’s on a bit of a cold streak owing to “significant fiscal stress” and “rising expenses.” By the end of 2006, it was down to $18 million in cash, which it swears will be enough to sustain operations in 2007. Notably, DiNapoli doesn’t endorse that assessment, instead citing unnamed officials. And so the OTB is left in the unenviable position of actually waiting for its own horse to come in. Review of the Financial Plan of the City of New York [Office of the State Comptroller]