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Capital District OTB Reports Strong Handle Gains, Lower Expenses; Plattsburgh Branch Posts Positive Returns
Summary
Sydney Sue Garrant reported that Capital District OTB’s first seven months of 2018 handle reached $84,025,432 (excluding Saratoga), operating expenses fell by more than $1 million year-over-year, and the Plattsburgh branch produced a $53,776 improvement and $23,994 in county cash disbursements.
Sydney Sue Garrant, Clinton County Director for the Capital District Off-Track Betting (OTB) Board, provided the Legislature with a written update on regional operations and Plattsburgh branch performance.
Garrant’s memo, attached to the meeting minutes, records several financial highlights for the first seven months of 2018 (ending July 31, 2018) compared with…
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