DiNapoli audit critical of Western OTB oversight
An audit released Wednesday by state Comptroller Thomas P. DiNapoli of the Western Regional Off-Track Betting Corp. found poor oversight of operations by the board of directors, cost overruns and significant estimation errors. The audit found the agency’s failure to take action to address the declining handle, the total amount wagered on horse races and other gaming activities, adjust to changes in the gambling industry, and control costs limited the amount of revenues provided to participating municipalities. DiNapoli offered 16 recommendations to help the organization improve its ...