BASED UPON AN ANALYSIS OF STUDIES OF THE NEW YORK CITY OFF-TRACK BETTING SYSTEM WHICH ARE FAVORABLE, THE LEGISLATIVE COMMITTEE ON GOVERNMENT REGULATIONS RECOMMENDS THE LEGALIZATION OF OFF-TRACK BETTING IN MASSACHUSETTS, PREDICTING SIZEABLE REVENUES, AN IMPACT ON ILLEGAL BOOKMAKING, AND CONTRIBUTIONS TO THE RACING INDUSTRY. MINIMAL, IF ANY, SOCIO-ECONOMIC DAMAGE IS PREDICTED AS RESULT OF EXPANDED LEGALIZATION OF GAMBLING. IT IS RECOMMENDED THAT OTB BE STATE-CONTROLLED AND STATE-OPERATED UNDER THE EXISTING STATE LOTTERY COMMISSION....RCB