OTB To Consider Video-Lottery Terminals And More

David Cornstein is the new chairman of New York City’s OTB Corp. He envisions construction of an entertainment center to include movie theatres, retail stores and possibly hotels … not to mention VLT’s throughout. He thinks it could eventually employ 5,000 employees and attract even more tourists to the city. Is this guy running state-controlled bookie joints or envisioning himself as a combination Donald Trump/Steve Winn in the casino/hotel business? Horses too fast out of the chute usually don’t finish in the money. Perhaps Cornstein should commence by offering the daily bettor more at existing facilities rather than calling for blueprints for yet another.