NYC OTB, Racetracks' Dispute Sent To State Board

Law360, New York (August 6, 2010, 3:17 PM EDT) -- A bankruptcy court has ruled that a dispute between New York City Off-Track Betting Corp. and racetrack operators Finger Lakes Racing Association and Empire Resorts Inc. over nearly $8 million in unpaid commissions must be decided by a state racing board.

Judge Martin Glenn of the U.S. Bankruptcy Court for the Southern District of New York on Thursday lifted the automatic stay in NYC OTB's bankruptcy and ordered it and the racetrack operators to go to the New York State Racing and Wagering Board to settle...
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