New York State Comptroller Thomas DiNapoli is calling on Western Regional Off-Track Betting (WROTB) to strengthen its financial operations and oversight after a recent audit.
According to DiNapoli, the audit, which covered the period between January 2021 and December 2024, revealed “poor oversight of operations by the board of directors, cost overruns and significant estimation errors.” It also found that the WROTB allegedly failed to address the declining handle, wager amounts on horse races and other games, and adapt to changes in the gambling industry.
“The Western Regional Off-Track Betting Corporation is under pressure as revenues decline from its horse racing and wagering operations, and it must rein in costs and strengthen its financial operations,” DiNapoli said.
