Michael Nolan, OTB’s former chief operating officer, is asking a judge to award him $14.5 million for his treatment over the last two years, and to reinstate his employment, according to the suit.

OTB filed for bankruptcy Thursday, saying it needs time to reorganize into a leaner, meaner betting machine. The New York City Off-Track Betting Corp., more than $500 million in debt, will keep ...

Three months after the closure of the state’s largest off-track betting corporation, Suffolk Regional OTB has now gone through with its threat to seek Chapter 9 bankruptcy reorganization protection.

The Suffolk Regional Off-Track Betting Corp. has asked a federal bankruptcy court to OK its “Plan of Debt Adjustment’’ as part of the OTB’s restructuring to keep it from having to shut ...

Papers were filed May 10. Suffolk OTB owes New York Racing Association $1 million. NYRA President Charles Hayward has described Suffolk OTB’s impact as minimal compared to New York City OTB ...

ALBANY-- Facing a multimillion-dollar judgment, Nassau Off-Track Betting Corp. has filed an appeal in a long-running legal fight with New York harness tracks, OTB officials said. The fight ...

Suffolk OTB’s board on Feb. 24 also authorized the organization to file for Chapter 9 protection, a type of bankruptcy reserved for municipalities. Suffolk OTB in a recent filing said it’s ...