Liars, liars,... OTBs, and Politicians. Suffolk OTB telling bettors to

now if Suffolk OTB could spell the word free it would have long ago asked the Attorney General for a FREE Opinion so that it could open on Palm Sunday and each and every Easters Sundays so that bettors could bet and workers who wished to work could do so while they still have jobs. Suffolk OTB failed to do so (so far). This simple act that could be performed was brought to the Attention of Bankruptcy Counsel for Suffolk OTB. Nothing has happened yet.  Part of the problem with Suffolk OTB and politicians is a lack of character.  Why would a company that needs to make money not be open on days when tracks are running across the United States that bettors want to bet. If you don't want to bet or work. Don't. Anyone is free to go to Church. Just ask Andrew Cuomo.

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Chapter 9 Protection Update To Our Customers December 2011 Bankruptcy Judge Rules on Suffolk OTB Chapter 9 Petition As you are aware, Suffolk OTB filed a petition for modification of its debts under Chapter 9 of the U.S. Bankruptcy Code on March 18th of this year. Shortly before 5 P.M. this past Friday (December 2, 2011), U.S. Bankruptcy Court Chief Judge Carla Craig released her ruling regarding Suffolk OTB. Judge Craig, whose court is located in Brooklyn, dismissed Suffolk OTB’s petition to remain under the protection of Chapter 9 bankruptcy. In her ruling, Judge Craig maintained that New York State (not the Suffolk County Legislature) was the appropriate entity to authorize Suffolk OTB’s Chapter 9 bankruptcy filing. The need for State authorization was also the basis for the objection that Churchill Downs Inc. filed on May 18th. Suffolk OTB’s attorneys had argued that Churchill Downs Inc. did not have the requisite standing to file such an objection because Suffolk Off-Track Betting had a contract with Track Net, and not Churchill Downs Inc. Judge Craig disagreed with Suffolk OTB’s argument and ruled that Churchill Downs Inc. has standing as a party to a contract. Suffolk OTB’s attorneys filed a motion electronically Friday evening requesting a ‘stay’ of the dismissal order while the corporation prepares an appeal of Judge Craig’s decision. While in bankruptcy — and for some time prior to filing for Chapter 9 protection — Suffolk OTB’s officers dramatically cut operational costs and increased revenue producers such as Qwik Bets and internet wagering. Judge Craig’s ruling prevents Suffolk OTB from moving forward with development of its new business model. To overcome this obstacle, Suffolk OTB must obtain New York State authorization of its Chapter 9 petition. For all of our loyal customers, it is important to know that Suffolk OTB will remain open for business while addressing this latest challenge. Branches, Qwik Bets, the phone room, and internet wagering will remain fully operational. Customer funds, as always, are secure and available for wagering. We remain committed to providing the highest level of customer service so that our patrons may continue to enjoy an exciting racing experience. Thank you for your support. suffolk otb needs to ask the NY State Attorney General for a free opinion so we can see if NY PML Sec 105 may be sent straight to HELL!