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June 13, 2011

Increase of Nearly $100,000;
2011 Suffolk OTB Belmont Handle Soars Past 2010 Total

(Hauppauge, New York):  Suffolk Regional Off-Track Betting’s handle from this year’s Belmont Stakes on Saturday, June 11 increased nearly $100,000 over last year’s total of $770,065. Suffolk OTB’s handle from this year’s third leg of the Triple Crown was $868,753. (Handle is the total amount of money wagered).

President and CEO Jeffrey A. Casale attributed the substantial increase to exemplary customer service and the increased variety of wagering options available to Suffolk OTB customers. “Suffolk OTB patrons do not fit one profile. In order for us to thrive, we must provide easy, wide-ranging wagering opportunities to our customers,” said Casale. “This year’s Belmont handle shows that we succeeded.”

Suffolk OTB’s phone room handles telephone wagering for both Suffolk OTB and Nassau OTB customers. This year’s Belmont Stakes was particularly busy, with a total of 16,094 calls taken. Nearly 14,000 of those calls occurred from early afternoon until just prior to the Belmont Stakes post time at 6:35 PM.

Jockey Jose Valdivia rode Ruler On Ice to victory in the 143rd running of the 1.5 mile Belmont Stakes. Absent from both the Kentucky Derby and the Preakness, Ruler On Ice’s odds were set at 24-1. Suffolk OTB had a total Belmont payout of $808,814.




April 8, 2011

Handicapping Enthusiast’s Favorite Letters: OTB

Sporting a t-shirt that read “My Favorite Letters Are: OTB”, Suffolk OTB patron Frank Tomanelli spoke enthusiastically about the sport of horse racing. His personal life is inextricably linked with his 35-year hobby of handicapping: he proposed to his wife Eileen at Saratoga.

Tomanelli said that he is so happy to have won the contest. “Years of hard work and studying have paid off,” he exclaimed. He counts Churchill Downs, Belmont and Aqueduct among his favorite tracks. Saratoga, though, will always hold a special place in his heart.

Suffolk OTB’s March handicapping challenge was the first one of 2011. The next handicapping challenge will be held in June, with the final contest taking place in October. Tomanelli, along with the winners of the June and October contests, will head off to Las Vegas in early 2012. They will represent Suffolk at the Coast Casino’s

$1-Million Horseplayer World Series in Las Vegas.

PHOTO CAPTION: Chris Dempsey, Deputy Director of Suffolk OTB’s Wagering Operations and Services, (right), presents the Suffolk OTB Handicapping Challenge trophy and a check in the amount of $ 7,400 in winnings to Frank Tomanelli. With Tomanelli are his wife, Eileen Aiello, and nieces Danielle and Kaylee (left to right).




January 6, 2011

$8,000 Suffolk OTB Donation; Helping Camp Pa-Qua-Tuck Provide
Summer-time of Fun for Children, Adults

(Hauppauge, New York): As a result of this year’s Employee Charity Golf Outing, Suffolk Regional Off-Track Betting Corporation (SROTB) donated $8,000 to Camp Pa-Qua-Tuck.

Each year, Suffolk OTB employees sponsor a charity golf outing that benefits local charities.
Camp Pa-Qua-Tuck was the beneficiary of the proceeds raised at the 2010 outing. Suffolk OTB’s donation of $8,000 will assist Camp Pa-Qua-Tuck in developing another highly successful summer of providing safe and quality camp experiences to children and adults with special needs. Located in Center Moriches, the camp offers a compassionate environment in which participants broaden their horizons through fun and engaging activities.

Donations to Camp Pa-Qua-Tuck are gratefully accepted. Inquiries may be made either by phone (631.878.1070) or on the web (www.camppaquatuck.com).

Pictured in front of the Saratoga Room at Suffolk OTB’s Racing Forum on Motor Parkway in Hauppauge, are, left to right, SROTB Board of Directors Chairman Dominick P. Feeney; SROTB Board of Directors Vice-Chairman Herbert G. Hemendinger; Camp Pa-Qua-Tuck Director Bridget Costello; Suffolk OTB President/CEO Jeffrey A. Casale; SROTB Vice-President Anthony Pancella; and SROTB Board of Directors Secretary Eddie S. Wynn.



December 13, 2010

Regional OTBs need better odds - Newsday OP-ED
by JEFFREY CASALE

Jeffrey Casale is president of Suffolk Regional Off-Track Betting Corp.

No one associated with the New York racing industry can be happy about the recent closure of the state-owned New York City Off- Track Betting Corp. The negative impact on an industry that has been in distress for many years is obvious. If the city OTB remains closed, it will likely lead to shutdowns across all racing interests in the state.

Unfortunately, following the failure of legislation to provide a "rescue" for the city OTB, finger-pointing, threats of retaliation and media spin have quashed rational discussion of how to solve the problem and prevent further crises in the industry. This is not how government should work.

Some have accused the state's five regional OTBs of trying to tag on to the city rescue bill in Albany at the eleventh hour, causing the defeat of the bill. We were further accused of not having "sacrificed" as those at the city OTB have. Both of these statements are simply not true.

For at least five years, the regional OTBs have sought changes in the outdated statutory payment scheme by which OTBs are required to send millions of dollars to subsidize private tracks in the state. Suffolk OTB sent them $10.3 million from 2006 through 2009, money which should have gone to Suffolk County and its taxpayers - as set out in the state constitution.

All of the OTB regions warned that, without legislative change to lower payments to private tracks, the OTBs would suffer serious financial harm. When the New York City OTB bill was introduced in Albany, it included almost every single change advocated for five years by the regional operations - except that the bill did not extend the reforms in the payment structure to the regional OTBs.

Recognizing the chance to both save the city OTB and prevent crises for the other OTBs, Sen. Andrew Lanza (R-Staten Island), with support from Minority Leader Dean Skelos of Rockville Centre, put forth a bill to extend the reforms being provided to New York City OTB to the regional OTBs as well. It was a refreshing legislative effort to solve problems before they become crises.

And the regional OTBs have tried to head off problems. Suffolk OTB has cut spending in several ways and our budget is at its lowest since 2001. We have cut staffing by 23 percent, from 348 positions to 267, since 2008. Administrative employees have received only one general raise in that time. Employees are now required to contribute to their health coverage - a rarity in the public sector. Corporate vehicles for staff have been eliminated and sold. Suffolk OTB has closed two of 14 branches. We have worked diligently to radically cut liability insurance costs.

The simple fact is that Suffolk OTB employees are doing a lot more work with a lot less, and they have given quite a bit to help keep the organization afloat. The other regional OTBs have made similar cuts.

These OTBs want to avert a crisis like the one New York City OTB faced. If we want the necessary changes in the statutory payment system - changes that were proposed only for the city but are needed throughout the OTB system - then we needed to cut costs, become more efficient and require our staff to sacrifice first. We did our part, but it seems there are those who would rather see another crisis before addressing the onerous payment scheme that OTBs face.

A report issued in May by the state comptroller after an extensive audit of the five non-city OTBs states that all of our efforts will be fruitless unless there are changes to the statutory payment scheme. Sadly, this report has been largely ignored - but it is a public and objective record of the truth behind the spin. It's a worthy read. (See tinyurl.com/3ax853u)

In the past few years, the racing industry has lurched from one emergency to the next, with both the city OTB and the New York Racing Association filing for bankruptcy protection. But name-calling, finger-pointing and misinformation in the debate won't solve anything. We need sitdown sessions guided by the sobering facts. And we need relief from an outdated payment system.




November 10, 2010

Legal Eagle Suffolk OTB Patron Soars into Winner’s Circle

Suffolk OTB patron and Mineola resident Joe Muzio is a 47 year-old attorney who specializes in medical malpractice. To relax from his high pressure job, he enjoys participating in handicapping contests against the top players in tournaments throughout the area. He was rewarded for his tenacity when he won Suffolk OTB’s October Handicapping Contest.

Muzio does not limit himself to one locale when it comes to wagering. Earlier this year, he also won a Handicapping Contest in New Jersey at Monmouth Park. Saratoga ranks as his favorite track and he makes a point of frequently traveling to that area during the annual meet. Muzio has also visited Keeneland and he hopes to make it to DelMar in 2011.

Muzio joins previous 2010 Suffolk OTB Handicapping Challenge winners Ken Hopkins and John O’Neil in representing Suffolk at the Coast Casino’s $1 million Horseplayer World Series in Las Vegas in early 2011.

PHOTO CAPTION: Chris Dempsey, Suffolk OTB’s Deputy Director of Wagering Operations and Services (left), presents the Suffolk OTB Handicapping Challenge trophy to Joe Muzio. The Suffolk OTB patron also received a check for winnings in the amount of $6,800.




September 14, 2010

Annual Suffolk OTB Employee Charity Golf Outing;
Proceeds Earmarked for Compassionate Camp

The end of the summer is the time of year when Suffolk OTB employees and guests swing the golf clubs in support of a deserving charity. This year’s Annual Suffolk Off-Track Betting Employee Charity Golf Outing was held on August 31st at Hamlet Wind Watch Golf and Country Club in Hauppauge.  Although the temperature soared into the 90’s, golfers enjoyed the beautiful course, while taking advantage of shady intervals. Golf commenced at 1:30 PM, with closing festivities that included dinner and raffle prize drawings on such items as 2 Southwest round-trip airline tickets, a 2-night stay at the Harborfront Inn in Greenport and 4 tickets to a Mets home game.

Camp Pa-Qua-Tuck was the beneficiary of the proceeds raised at this year’s outing. Located in Center Moriches, the camp’s mission is to “…help children and adults with disabilities achieve equality, dignity, and maximum independence through a safe and quality program of camping, recreation, and education in a summer-time environment. In a structured, compassionate environment, the children engage in a number of activities designed to broaden their horizons.”

Donations to Camp Pa-Qua-Tuck are gratefully accepted. Inquiries may be made either by phone (631.878.1070) or on the web (www.camppaquatuck.com).

Pictured enjoying the Annual Suffolk Off-Track Betting Employee Charity Golf Outing are, left to right, Suffolk OTB employees Kevin O’Leary, Ralph Aprea and Matt Smith.




August 9, 2010

Welcome Trotter!
Suffolk OTB Proud Sponsor of Newest Member of Canine Companions for Independence Family

(Hauppauge, New York): One of the beneficiaries of this year’s Employee Charity Golf Outing stopped in at Suffolk OTB’s Hauppauge Headquarters in late July. Trotter is a full male Labrador Retriever and was 8 weeks old at the time of his visit. He was accompanied by Debra MacKenzie, Director of Development (Northeast Region) for Canine Companions for Independence (CCI), which is a charity that provides highly trained assistance dogs to people living with disabilities other than blindness. CCI’s headquarters is located in Medford, New York.

Congratulations to Suffolk OTB Phone Room Manager Rebecca Matteo, who submitted the winning name of Trotter for this new addition to the CCI family.  

 

Pictured in the offices of Suffolk Regional Off-Track Betting are, left to right, SROTB President/CEO Jeffrey A. Casale; Debra MacKenzie, Director of Development (Northeast Region) for Canine Companions for Independence; former Suffolk OTB Vice President Marietta M. Seaman (holding Trotter); SROTB Board of Directors Chairman Dominick P. Feeney; SROTB Board of Directors Secretary Eddie S. Wynn; and Board of Directors Vice Chairman Herbert G. Hemendinger.




July 22, 2010

Voracious Reading of Handicapping Info
Lands Suffolk OTB Patron in the Winner’s Circle

When he was 15 years old, Suffolk OTB customer and Nesconset resident John O’Neil visited his first racetrack with his brother. The site was Jamaica Raceway and a lifelong love of racing and handicapping took hold. Throughout the 1950’s and 1960’s, O’Neil devoured any handicapping material he could get his hands on. When he is not at Belmont, he enjoys the camaraderie and atmosphere of Suffolk OTB’s VIP Room at the Racing Forum. Located on Motor Parkway in Hauppauge, the Racing Forum is a state of the art facility that offers track odds. Whether at the track or at the Racing Forum, O’Neil’s preferred wager is ‘win’ because there is less take-out.

O’Neil joins Ken Hopkins, who was this year’s first Handicapping Challenge winner. One more handicapping challenge remains in October. The October winner will join O’Neil and Hopkins in representing Suffolk at the Coast Casino’s $1 million Horseplayer World Series in Las Vegas in early 2011.

PHOTO CAPTION: Chris Dempsey, Suffolk OTB’s Deputy Director of Wagering Operations and Services (right), presents the Suffolk OTB Handicapping Challenge trophy to John O’Neil. The Suffolk OTB patron also received a check for winnings in the amount of $5,100.




May 20, 2010

State Comptroller’s Audit Report Released
Commends OTB’s Cost-Cutting, Revenue Boosting Strategy;
Urges Legislature to Fix Crippling Distribution Formulas

Several of New York State’s OTB corporations reacted to today’s released OTB audit report by State Comptroller Thomas P. DiNapoli with calls for immediate action by state lawmakers. Responding to the Comptroller’s report on the “Financial Condition of New York State Regional Off-Track Betting Corporations,” the Presidents of Capital, Catskill, Suffolk and Western OTBs termed the report “a clear sighted analysis that cuts to the heart of the matter: extensive cost-cutting by OTBs can yield only so much benefit. Without a dramatic overhaul of the current distribution formulas by the State Legislature, the financial viability of these OTBs — as well as their ability to support local government — may be in jeopardy.”

The State Comptroller’s audit follows the release earlier this year of a report made to the Governor by members of the Task Force on the Future of Off-Track Betting. Established as part of the State takeover of NYC OTB in June 2008, the Task Force’s charge was to develop a series of recommendations on how to best utilize the State’s OTB system to raise revenues for local and state governments and strengthen the racing and breeding industries. The Task Force report recommended collaborative efforts by the State’s OTB regions and enactment of legislative change in two areas: regulating out-of-state internet wagering sites and ending maintenance of effort and additional commission payments.

 “After objective review, both the State Comptroller and the Task Force on the Future of Off-Track Betting have reached conclusions markedly similar to those espoused by the Long Island and Upstate OTB regions when it comes to corporate actions under our control and statutory changes that must be made by the State Legislature,” said Suffolk OTB President Jeffrey A. Casale. “For example, the Comptroller recommends that the OTBs increase revenues through the most cost-effective means possible. We agree. That is why three regions — Capital, Nassau and Suffolk — already offer on-line wagering to their customers. Catskill and Western will offer such services in the near future and all five regions are exploring a group internet wagering platform.” Concerning cost-cutting measures to branch operations, several OTB Corporations have already trimmed the number of brick and mortar branches — Capital has converted some branches to self-service locations, Catskill and Western both closed three branches and Suffolk closed two branches — and all four regions reduced hours at several branches.

The Presidents as a group emphasized that no matter how much OTBs cut costs or increase revenue, antiquated and inequitable revenue distributions required of all OTBs place a stranglehold on their ability to thrive. “Especially troubling,” said the OTB Presidents, “is the ripple effect this has on our sponsoring governments and their efforts to hold the line on taxes. That is why it has never been more important than now, in this harsh economy and downturn in handle, for the State Legislature to rectify this out of balance system: overhaul the distribution formulas that force OTBs to turn over millions of dollars to private tracks.”  Found in Table 4 of the Comptroller’s report are the OTB Statutory Distributions (2004-2008). The amount paid to the Racing Industry by the OTBs over this time was $417,920,877, which represented 84% of the total statutory distributions. The stark assessment of the State Comptroller is set out on page 8: “…given the significant amount of the ‘up front’ payments the Corporations must make to the racing industry and government, and the extent to which these payments reduce operating revenues, we believe that the Corporations will be unable to cut expenses fast enough to continue as financially viable entities if no action is taken to reduce these required payments.” (Emphasis added).

John Signor, President of Capital OTB, said that the status quo is unacceptable when it comes to the statutory payments that OTBs must make to the racing industry. “Comptroller DiNapoli did an outstanding job in highlighting the issues that are negatively impacting the racing industry and the taxpayers.  We urge State leaders to follow Comptroller DiNapoli's lead and take action on the issues outlined in the OTB audit that would strengthen the horseracing industry and greatly benefit the taxpayers in New York State."  The Comptroller shone a harsh light on the losses in revenue suffered by local governments as a result of the outlandish distributions that the racing industry extracts from OTBs. From pages 15 and 16 of the Comptroller’s report: “…local governments received 35 percent less revenue in 2008 ($24.4 million) than they did in 2004 ($37.3 million).”

Several additional factors were highlighted by the Comptroller’s report as contributing to the financial stresses faced by the suburban OTB regions. As a group, the OTBs faced a 10 percent decline in handle between 2004 and 2008. The economic downturn of the past two years and a declining interest in the sport of horseracing has exacerbated this decrease. As evidenced by the nationwide $1.4 billion decline in wagering, this trend is one that is not restricted to New York State.

Catskill President Donald Groth said that it is the unfair distributions that push the OTBs into dangerous financial waters. “The current economy is bruising to businesses of all sizes in just about any sector,” said Groth. “As CEOs, we recognize that we must continue to shrink, reinvent and economize our operations. What we cannot tolerate is the fact that no matter how we cut our expenses or grow our businesses, the siphoning by private tracks negates any progress we make.”

Western OTB President Martin Basinait said that the Joint Venture Agreement is the face of off-track betting’s future. “In recasting the suburban OTBs, we have come together to realize a new, more dynamic business model. The Joint Venture Agreement represents our commitment to streamlining operations, while prioritizing customer service. Ultimately, such actions will benefit our sponsoring governments and their taxpayers.”

The OTB Presidents concluded with an appeal for action to the Governor and members of the State Legislature. “We urge you to take a fresh look at the current law as it concerns OTB distributions to the racing industry,” said the four OTB presidents. “The formula is archaic and unfair. Only with a complete overhaul of this system will OTBs return to some measure of fiscal health; able, and more than willing, to increase financial support of local government.”

The State Comptroller’s Office conducted its audits during the first half of 2009, during which they reviewed individual suburban OTB corporations for the period covering January 2004 to June of 2009. Chief among the audit’s objectives was to ascertain whether there was a deterioration of financial conditions at OTB corporations and to assess the actions taken by each OTB corporation to raise revenue and reduce costs. In conducting its analysis, the Comptroller reviewed each OTB’s financial statements, handle reports, statutory distributions and surcharges, operating revenue, operating costs, cost cutting and revenue enhancing measures, branch and self-service/Easy Bet/Quick Bet locations and internet wagering. Finally, the Comptroller evaluated collaborative efforts by the OTB regions, as well as general economic trends.




May 12, 2010

Handicapping Veteran Las Vegas Bound

An avid horse racing fan for over forty years, Suffolk OTB customer Ken Hopkins has enjoyed participating in handicapping contests for the past twelve years. The father of three is no stranger to winning. As a matter of fact, Hopkins nabbed first-place in the Horse Player World Series at Coast Casino in 2008. Along with his girlfriend Maryjane O’Brien, Hopkins frequents his favorite venue: Belmont Park. When he is not at the track, he wagers on the races at Saratoga, Keeneland and Santa Anita. As a retired New York City Department of Parks and Recreation employee, Hopkins now has the time to pursue his hobby of wagering on the ‘Sport of Kings.’ Hopkins will represent Suffolk at the Coast Casino’s $1 million Horseplayer World Series in Las Vegas. Two Handicapping Challenges remain for June and October. Those winners will join Hopkins when he heads off to Las Vegas in early 2011.

PHOTO CAPTION: SROTB Director of Wagering Operations and Services Chris Dempsey, Deputy Director of Wagering Operations and Services (right) presents the Suffolk OTB Handicapping Challenge trophy and a check in the amount of $9,030 in winnings to Ken Hopkins. With Hopkins is Maryjane O’Brien, who frequently accompanies him to Suffolk OTB and other racing venues.




May 5, 2010

Jockey Calvin Borel Nabs His 3rd Derby Victory in 4 Years;
For Lucky Suffolk OTB Customer, Winnings Top $17,000

(Hauppauge, New York):  Hugging the rail and spraying mud in all directions as he raced to the finish line in his 3rd Derby win in fours years, jockey Calvin Borel made Super Saver a household name and an early favorite in the upcoming Preakness Stakes on May 15th. Super Saver’s winning form also marked trainer Todd Pletcher’s first-ever Kentucky Derby victory. For many Suffolk OTB patrons who placed their faith in Borel’s talents, the Derby was a dream come true.

A $20 triple wager made by a Racing Forum customer yielded a payout that stood apart from all others: $17,535. Five customers who visited the Airport, Ronkonkoma, Shirley and Southampton branches turned a $4 triple into $4,394 in winnings. Not far behind were patrons of Commack, Riverhead, Ronkonkoma and Southampton branches, as well as a Qwik Bet customer at Bruno’s in Lake Ronkonkoma. Their payout for a $5 triple wager was $4,120.50 each.

A Centereach branch customer was $3,295.50 richer when a $3 triple came in a winner. Likewise for a Racing Forum patron who put down a $2 triple and was awarded $2,337.40 at the Racing Forum, which is the only branch that pays track odds. The largest number of winners — thirty-two in all — received $2,197.00 each for a $2 triple wager. Those lucky customers visited the Centereach, Commack, Huntington, Riverhead, Ronkonkoma, Shirley and Southampton branches to play the ponies. Several customers placed their wagers by phone and Qwik Bet

locations at Brunos (Lake Ronkonkoma), Main Street Pub (Kings Park) and Napper Tandy’s (Northport) hosted the remaining three $2 triple bet winners.

All told, Suffolk OTB had a total Derby payout of $1,821,530. Suffolk OTB’s handle for the 136th Run for the Roses was $2,272, 880.

Calvin Borel and Super Saver will travel to Baltimore’s Pimlico Racetrack for the Preakness Stakes on Saturday, May 15th.  Racing fans everywhere will be watching to see if Calvin Borel, Super Saver and Todd Pletcher come one step closer to winning the Triple Crown.




April 19, 2010

Suffolk OTB Gives Helping Hand to
Canine Companions for Independence with $7,500 Donation

(Hauppauge, New York): As a result of this year’s Employee Charity Golf Outing, Suffolk Regional Off-Track Betting Corporation (SROTB) donated $7,500 to Canine Companions for Independence.

Each year, Suffolk OTB employees sponsor a charity golf outing that benefits two charities: one a local organization and the second a group that is connected with helping an entity connected with the horseracing industry. The other charity to receive a $7,500 check was The Jockey Club Foundation, which is a charitable trust which confidentially provides financial relief and assistance to needy members of the thoroughbred industry and their families.

PHOTO CAPTION: Pictured in the offices of Suffolk Regional Off-Track Betting are, left to right, SROTB Board of Directors Vice Chairman Herbert G. Hemendinger; SROTB Board of Directors Secretary Eddie S. Wynn, holding Fermer, a black lab/golden cross born on January 11th; SROTB Board of Directors Chairman Dominick P. Feeney; Suffolk OTB President/CEO Jeffrey A. Casale; Debra MacKenzie, Director of Development (Northeast Region) for Canine Companions for Independence; and Katrina Winsor, Canine Companions for Independence Puppy Program Manager, who is holding Aries II, a male yellow lab born on New Year’s Day.




March 18, 2010

Catskill OTB Signs On To Joint Venture Agreement

OTBs are doing their part, said Catskill OTB President/CEO Don Groth, as he signed his name to the Joint Venture Agreement (JVA) previously announced by his Capital, Suffolk and Western colleagues on Friday. “We want to protect taxpayers and grow this State’s racing industry,” said Groth. “If you live and breathe horseracing and wagering the way we do, then you know that the industry must keep pace with the changing times. There’s a better way to deliver the product of racing and through the JVA we intend to lead the way into New York’s racing future.”

The presidents of Capital, Suffolk and Western OTBs welcomed Catskill’s entrance into the Joint Venture Agreement. “We never doubted that Catskill would join us on this exciting leg of our journey,” said Martin C. Basinait, Western OTB President/CEO and the designated Administrator for the JVA.

“The JVA is groundbreaking on several fronts.  First, the OTBs will be working collectively to provide the best services and racing information to New York horseracing fans.  Secondly, the creation of the new Racing Council will enable New York racetracks and OTBs to work side-by-side to propose and enact innovative steps that will better promote and grow the racing industry in New York,” said John Signor, President/CEO of Capital District OTB.

 “We have concrete proof that joint ventures of this nature work to the benefit of all involved,” said Jeffrey A. Casale, President/CEO of Suffolk Regional OTB. He pointed to Suffolk OTB operating Nassau OTB’s phones and printing as one example. “But there’s also an element of stepping out of previous zones of comfort and charting a path that is both innovative and profitable.”

The four OTB Presidents extended an invitation to Nassau Downs OTB, as well as NYC OTB, to join the JVA.




March 12, 2010

Joint Venture Agreement Signed,
3 OTB Regions Formalize Cooperative Efforts
Group takes lead in forming independent statewide Racing Council, protecting taxpayers, and promoting State’s racing industry

Lauding the ‘dawn of a new day’, three OTB regions today unveiled a Joint Venture Agreement (JVA) designed to reinvigorate the State’s struggling racing industry. As part of the JVA, the presidents of Capital OTB, Suffolk OTB and Western OTB said that they will engage in cooperative ventures that increase efficiencies, boosting the revenue that the participating OTBs send to their sponsoring counties.

“The JVA represents the future for OTBs and racing in New York State,” said Martin C. Basinait, Western OTB President/CEO and the designated Administrator for the JVA. “Our joint mission is clear: work together to streamline our operations through cooperative projects, support the horse racing and breeding industry and turn over increased revenue to local government, thereby providing some relief to beleaguered taxpayers.”

Jeffrey A. Casale, Suffolk OTB President/CEO, said that the JVA is representative of a new business model, structured to address an association of common interests and independent, local OTB concerns. “Although every racing entity has unique challenges, the New York racing product is the glue that binds us,” said Casale. “The JVA is a comprehensive plan for improving and promoting an industry that is a critical part of this State’s economic recovery.”

John Signor, Capital District OTB President/CEO, said that the fan experience was top of mind when the three OTBs executed the Joint Venture Agreement. “The OTBs that have signed on to the JVA are committed to operating efficient corporations that will benefit both horseracing and local taxpayers,” said Signor. “As a result of the JVA, horseracing fans will see improvements in many areas including a new joint web site, Internet wagering, marketing, video streaming of races and customer service.”

Members of the JVA will roll out a radio campaign over the next two months, with Capital OTB running the first spots next week. The focus of the campaign will be the variety of choices available to racing enthusiasts. For the exciting experience of up-close horseracing, nothing compares with a day at the track. For those who live too far from a track or prefer to do their wagering closer to home, the radio spot touts the fun and relaxing atmosphere of local OTB branches.

According to the three OTB presidents, creation of an independent statewide Racing Council is key to the success of the JVA and any effort to modernize the State’s racing industry. “There is more that unites than divides us. We are committed to channeling that energy into ventures that benefit horseracing, the racing and breeding industry and the State’s taxpayers,” said Basinait, Casale and Signor. “We invite our racing industry colleagues to join with us as we create a blueprint for New York racing that reflects our common interests.” The three OTB presidents have reached out to Catskill OTB and Nassau Downs OTB, as well as NYC OTB.

Concluding with a look ahead to a once-again vibrant industry, the three OTB presidents said that the time to act is now. “We urge our racing colleagues to join with us as we create the New York racing industry of the future: fan-friendly, efficient, and focused on providing substantive relief to our local taxpayers.”

In addition to the creation of a statewide Racing Council, other highlights of the Joint Venture Agreement signed by Capitol, Suffolk and Western OTBs:

(1) Common Web Site Access for Customers of Participating OTBs

One central web site with a common skin so that racing patrons could visit one site to learn about individual OTBs and JVA-run contests.

(2) Common Totalizator (“Tote”) Company

Two options: either contract with one state-wide Tote provider or require the Totes to communicate with each other so that patrons from any participating OTB region would have the option of wagering in any JVA member’s facility.

(3) Statewide Racing Television Station

Capital District OTB presently has a television signal. A statewide racing television station would display in all branches of JVA participants, with the purpose of disseminating information about horseracing and the racing and breeding industry in New York State.

(4) Statewide Internet TV station

Would coexist with a statewide horseracing television station and allow patrons to view horseracing via the Internet.

(5) Statewide Marketing Campaign

A joint marketing program that would promote New York horseracing and wagering.

(6) Upstate and downstate phone wagering center(s)

Two phone centers would net cost savings by reducing duplicative efforts and protect each OTB region’s operations in case of failure at either location.




January 28, 2010

Suffolk OTB Employee Charity Golf Outing:
$7,500 Donation Benefits Jockey Club Foundation

As a result of the 2009 Employee Charity Golf Outing, Suffolk Regional Off-Track Betting Corporation (SROTB) donated $7,500 to the Jockey Club Foundation, which is a charitable trust providing — on a confidential basis — financial relief and assistance to needy members of the thoroughbred industry and their families. Since 1985, the foundation has helped over 1,000 individuals and their families with more than $12 million in support.

Suffolk OTB employees held their most recent outing at Hamlet Wind Watch Golf and Country Club in Hauppauge. The annual event benefits two charities; one dedicated to helping an entity associated with the horseracing industry and the other a local philanthropic organization. The other charity slated to receive a $7,500 check is Canine Companions for Independence. Located in Medford, Canine Companions provides highly trained assistance dogs to people living with disabilities other than blindness.

PHOTO CAPTION: Pictured in front of the SROTB’s Saratoga Room at the Racing Forum are, left to right: SROTB Board of Directors Vice Chairman Herbert G. Hemendinger; SROTB Vice President Marietta M. Seaman; SROTB President/CEO Jeffrey A. Casale; Executive Director of the Jockey Club Foundation Nancy C. Kelly; SROTB Board of Directors Chairman Dominick P. Feeney and Secretary Eddie S. Wynn.