Power Cap

Power cap- existential handicapping

08 December 2010

NYC OTB Shuts Down

NYC OTB Ceases operations

Unfortunately this afternoon, the NYS Senate chose not to pass the bill passed by the Assembly that would have saved NYC OTB. Therefore, due to a lack of unrestricted funds to continue in business, NYC OTB will be ceasing all pari-mutuel wagering operations today, Tuesday, December 7, 2010 as per our Board of Directors vote, and will proceed to the orderly winding down of its business affairs.

Three branches will remain open in Queens, Brooklyn and Manhattan for six calendar days after the last day of operations so that customers can cash tickets/vouchers and make account withdrawals. Thereafter, these transactions can be conducted at NYCOTB’s customer service center located at 1501 Broadway in Manhattan for up to six weeks. The locations that will remain open temporarily are:

107-40 QUEENS BLVD, FOREST HILLS, NYCross Street- Continental Ave
515 SEVENTH AVE, NEW YORK, NYCross Street- West 38th Street
6719 BAY PARKWAY, BROOKLYN, NYCross Street-West 8th Street

The hours of operation will be from 12:00 p.m. to 8:00 p.m. on the six calendar days following the last day of operations.

The corporation's website, www.nycotb.com will be updated constantly to keep our customer abreast of all events.

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