$24 million -- That's how much the Suffolk <a href="/topics/Off-Track_Betting_Corp">Off-Track Betting Corp</a>. lost over the last five years as betting on horses has declined. With $10 million in outstanding liabilities, Suffolk OTB is going through a bankruptcy reorganization. The scariest debt it lists is the $3.3 million it owes the state retirement fund, because taxpayers will have to cover liabilities like that if Suffolk OTB can't. That's why a plan that winds down all the OTBs is needed, and fast.

$24 million -- That's how much the Suffolk Off-Track Betting Corp. lost over the last five years as betting on horses has declined. With $10 million in outstanding liabilities, Suffolk OTB is going through a bankruptcy reorganization. The scariest debt it lists is the $3.3 million it owes the state retirement fund, because taxpayers will have to cover liabilities like that if Suffolk OTB can't. That's why a plan that winds down all the OTBs is needed, and fast.

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