The Last Days of OTB

Max Read · 12/09/10 01:54AM

And another weird New York institution bites the dust: The Off-Track Betting Corporation, the state-owned horse betting business, has finally closed after years of threatening to do so. Fifty parlors were shut down and 1,000 people were laid off.

The Official Newspaper Survival Odds

Hamilton Nolan · 12/08/08 02:30PM

Gambling is the future of the media! Newspapers aren't much good to anybody looking to make a buck off investing in their stock—but that doesn't mean that you can't make your newspaper fortune through sweet, sweet gambling, come on now seven seven seven baby need a new pair of shoes, yea! After the jump, we've listed the half-dozen most famous economically challenged papers in the country, along with our official odds for their long-term survival. Place your bets, and give 5% to the house: