Dime savings bank says

 We have nothing to do with the 2021 Nassau otb budget approved July 2021 at the Nassau otb board of directors meeting

Suffolk county legislator and teamsters  local 707 president Kevin mccaffrey says no public record for Nassau otb employees 

METRO

New York horse-racing bookies land millions in PPP loans as critics cry foul

By Carl Campanile

July 12, 2020 | 8:14pm

AP

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And they’re off — to a government bailout!

Five of New York’s state-created horse-racing bookie offices with its Off-Track Betting Corporation are raking in millions of dollars apiece in federal loans meant to keep small businesses afloat amid the coronavirus, The Post has learned — and critics are crying foul.

The regional OTBs of Nassau County and Suffolk County on Long Island and Western Regional OTB each received about $2.5 million in 1 percent loans, according to records from the federal Small Business Administration and obtained by The Post.

Meanwhile, the Capital District Regional OTB qualified for $1.2 million, and the Catskill Regional OTB got between $350,000 and $1 million.

While the SBA allows private businesses that receive gambling revenue to get Paycheck Protection Program loans, government entities aren’t supposed to partake in the hand-out.

And since New York’s OTBs were created by the state legislature in 1970 as “public-benefit corporations’’ — operated by local governments through political appointees, with their revenue going back to state and local governments — they are clearly not private, critics say.

“How they qualified as a quasi-government entity is a mystery,” said a well-placed government official familiar with the PPP.

“Their CEOs and chairs are politically appointed,’’ he said of New York’s OTBs, including Nassau, whose head is picked by the county legislature.

“Their workers receive New York state pensions.’’

US Rep. Carolyn Maloney (D-Manhattan), who chairs the House Committee on Oversight and Reform, said she plans to push the SBA for answers.

“The loans are supposed to go to small businesses. I’m going to question the appropriateness of the OTB loans,” Maloney told The Post on Sunday.

METRO

New York horse-racing bookies land millions in PPP loans as critics cry foul

By Carl Campanile

July 12, 2020 | 8:14pm