Bloomberg on Paterson's Plan to Save OTB: No ThanksMichael Bloomberg Michael Rubens Bloomberg (born 14 February 1942) is an American businessman, and the founder of Bloomberg L.P., currently serving as the Mayor of New York City. He was a general partner at Salomon Brothers before founding the financial software service company in 1981. couldn’t be less enthusiastic about the O.T.B. bailout plan announced today by David Paterson David A. Paterson (born May 20, 1954) is an American politician and the current Lieutenant Governor of New York. He is the first African American to hold this position. He was selected as running mate by New York Attorney General and Democratic Party nominee Eliot Spitzer in the to keep the city’s betting operation from shutting down this weekend. Here’s a statement from the mayor: “The City of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of still has substantial legal and economic issues that need to be settled before the future of off-track betting off-track betting n. Abbr. OTB A system of placing bets away from a racetrack. in the five boroughs is resolved – and it is very disappointing that these concerns have not been addressed. Without a settlement of these outstanding issues, we will have no choice but to go forward with our plan to close the City’s OTB OTB abbr. off-track betting OTB n abbr (US) (= off-track betting) → apuestas hechas fuera del hipódromo OTB n abbr (US) (= off-track betting parlors on Sunday. We hold out hope that a satisfactory solution can be reached. But I want to reiterate the City’s position: We will fight to prevent gambling operations in the City unless they provide a public benefit to the City. Every other locality that has OTBs receives a benefit from them – and our legislative representatives in Albany should ensure we do as well.” 
|
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion