NYS Audit Critical of Western OTB Oversight, Finances
The audit said spending grew by more than $8 million while revenue rose by less than half that amount, and it urged 16 corrective steps.
6 Articles
6 Articles
NYS audit critical of Western OTB oversight, finances
BUFFALO, N.Y. (WIVB) -- New York State Comptroller Thomas DiNapoli says that Western New York Off-Track Betting needs to “rein in costs and strengthen its financial operations,” following an audit that was released by the comptroller on Wednesday. The audit covers January 2021 to December 2024 -- the period before significant changes to OTB’s leadership [...]
Audit criticizes Western NY OTB for millions in excessive spending, poor oversight
Albany, N.Y. — The Western Regional Off-Track Betting Corp. failed to properly oversee its finances, racked up millions in excess spending and allowed key decisions to be made without transparency, according to a new state audit.
Audit cites WROTB board for ‘poor oversight,' recommends a 16-item list of changes
BATAVIA — The Western Regional Off-Track Betting Corp. board of directors needs to tighten operational controls, according to an audit released on Wednesday by State Comptroller Thomas P. DiNapoli.
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