OTB Parlor Leaves Ultimate Sports Bar
Profits, pari-mutuel tax revenue from OTB not as high as originally anticipated.
After winning the last off-track betting license from Stickney-based Hawthorne Race Course, approval from the Illinois Racing Board and heated debate in Yorkville City Council, Ultimate Sports Bar owner Steve Koulis was elated to open an OTB parlor in his bar in December 2010. The excitement was short lived, though. After about a year of operation, Ultimate Sports Bar is no longer home to the OTB parlor. Ward 3 Alderman Marty Munns said the reason the OTB didn’t last long came down to simple dollars and cents. “They didn’t make enough profit," Munns said. "That’s how business works. The ones that make a profit stay and the one’s that don’t, leave. Munns also echoed his statements from the original debate supporting the OTB there. “I …
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