Aug 21
2024
Lawmakers ask for state probe into OTB buyouts
OTB President and CEO Henry Wojtaszek. Photo by Garrett Looker. Two Western New York lawmakers — state Sen. Sean Ryan and Assemblywoman Monica Wallace — have asked the state’s Attorney General and Inspector General to investigate buyouts for three executives of the Western Regional Off-Track Betting Corp., arguing the packages are illegal. Citing a law Wallace helped pass in 2019 that bans so-called “golden parachutes” for leadership of public authorities, the lawmakers argue in a five-page memo to the Attorney General and Inspector General that the buyouts violate that and/or other state laws which prohibit gifts and large buyouts to[...]