Off-track betting racing gamble pays big dividends
3 Feb 2010
The investment, including renovations ($12 million), of $14.4 million, was paid for by revenues from off-track betting parlors, the report said.
WROTB made $3 million in profit in 2009, according to the Buffalo News.
WROTB's luck changed when legislation allowed racetracks to install video lottery terminals, the Buffalo News report noted.