Keyword: David Cornstein

  • Off Track Betting

    Shut-Down Approved for NYCOTB

    The New York City Off-Track Betting Corp. board of directors Dec. 1 approved a resolution to shut down the betting giant, affecting 1,000 workers and leaving an uncertain future.

  • Derby Runner-Up Proud Citizen to Airdrie

    Proud Citizen, second in last year's Kentucky Derby (gr. I) and third in the Preakness Stakes (gr. I) to champion War Emblem, has been retired and will stand for $12,500 live foal at Brereton and Libby Jones' Airdrie Stud near Midway, Ky.

  • Cornstein Re-Appointed Chair of NYC-OTB

    New York City mayor Michael Bloomberg re-appointed David Cornstein as chair of the Off Track Betting Corp. (OTB) on Jan. 10. Cornstein was first appointed to the board in 1994.

  • Scorpion, en route to victory in the Jim Dandy.

    Scorpion to Stand at Vinery

    Four-year-old Scorpion, one of 28 grade/group I-winning offspring of Seattle Slew, has been purchased by Dr. Tom Simon's Vinery for stallion duty.

  • Five Want to Buy New York City OTB

    A partnership between Magna Entertainment, Greenwood Racing, and real estate investors Robert Baker and William Mack is pursuing the purchase of New York City Off-Track Betting Corp. The partners are one of five groups that submitted formal bids late Friday for the nation's most lucrative OTB franchise. NYCOTB owns 68 betting parlors, three teletheaters, and four restaurant-sports pubs that generated a $1 billion handle last fiscal year.