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. The ...

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. ... OTB whistleblower files lawsuit.

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.

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 its… ...

Nassau OTB has appealed that amount. Also, OTB attorney Arthur Walsh said the agency and harness track officials have agreed to a 30-day extension on previous years' payments sought by the tracks.

Churchill Downs Inc., whose races are broadcast by Suffolk OTB, in its filing in U.S. Bankruptcy Court, Eastern District of New York, noted Suffolk has to prove that it is “specifically ...

Suffolk OTB had operating deficits of $5.1 million in 2011, $5.7 million in 2010, $4.9 million in 2009, $4.9 million in 2008 and $3.5 million in 2007, according to Gazes.