NEW YORK, NY June 22, 2008 —Off Track Betting in New York City got a reprieve last Monday, as Mayor Bloomberg and authorities in Albany agreed on a state takeover. But, as WNYC's Ilya Marritz reports, all is not resolved in the world of horse racing.

REPORTER: A feeling of crisis prompted officials to act on OTB. But lawmakers are about to go on recess, with no imminent solution to questions facing the New York Racing Association.

NYRA runs the state's three biggest racetracks, and its Aqueduct track is supposed to get new video lottery terminals. Officials say for that to happen, two other events need to occur, almost simultaneously: the state must renew NYRA's franchise, and NYRA must emerge from Chapter 11 bankruptcy protection.

Gary Pretlow, chair of the assembly's racing committee, believes NYRA is dragging its feet.

PRETLOW: I personally think NYRA's stalling, they were scheduled to come out of bankruptcy at the end of April, March, May. Now it's the end of June.

REPORTER: A NYRA spokesman says the association is eager to get out of bankruptcy, and hopes to reach an agreement with the state shortly.

For WNYC, I'm Ilya Marritz