NYC OTB Rescinds Shutdown Order, Delays Layoffs

New York City Off-Track Betting Corp.’s 1,300 workers will have jobs Monday under an emergency plan announced Saturday, but cuts are planned as the gambling parlor operator seeks a long-term solution to its fiscal crisis. The city OTB will seek a permanent fiscal plan in cooperation with the racing industry, the New York Racing Association that runs thoroughbred tracks, the unions, the harness …