On the eve of the Belmont Stakes, sources in Albany have told the Paulick Report that Meyer “Sandy” Frucher has tendered his resignation from his position as chairman of the NYC OTB.
Appointed to this post in 2009 by current Governor David Paterson, Frucher previously ran the Philadelphia Stock Exchange which was sold to NASDAQ for $690 million. He also held posts with the Cuomo administration and government jobs in Massachusetts and New York City.
UPDATE: Click here for Sandy Frucher's letter of resignation to Governor Paterson
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